Knowing the paradoxes for each weeks content

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10 Terms

1

What is the paradox for Week 2?

Missioning and visioning - Profitability vs responsibility.

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2

What is the paradox for Week 3?

Business-level strategy - Need for market adaptation (sustainability of competitive advantage and remaining revelant) vs Need for resource leveraging (becoming the best at a specific product or service)

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3

What is the paradox for Week 4?

Corporate-level strategy - Responsiveness (move along with the market, making alignment difficult) vs Synergy (realise more when joining forces , making alignment a prerequisite for survival)

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4

What is the paradox for Week 5?

Network-level strategy - Competition (goals are mutually exclusive) vs Cooperation (two or more organisations are mutually beneficial)

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5

What is the paradox for Week 6?

Strategy formation - Deliberate strategising (planning and analysis done beforehand creates intentionality) vs emergent strategising (e.g. AirBNB)

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6

What is the paradox for Week 7?

Strategic change - Exploitation (spend resources on what you're currently doing, being as efficient as possible in the current moment, small, incremental changes) vs Exploration (invest into long term to ensure long term success, large, pivitol changes)

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7

What is the paradox for Week 8​?

Strategic thinking - Logic (Positive: Rigorous, precise and consistent, Negative: Analysis paralysis) vs Intuition (Positive: Comprehensive, informal, fast, Negative: Extinct by instinct)

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8

What is the paradox for Week 10?

Industry context​ - Compliance (play by the rules set out by the industry) vs Choice (Act independently and pave unique path forward)

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9

What is the paradox for Week 11?

Organisational context - Control (all control is in managers) vs Choas (decisions made at all levels)

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10

What is the paradox for Week 12?

International context​ - Global synergies (economies of scale, optimise resouces) vs Local responsivness

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