Management Two PowerPoint

A series of questions and answers based on the key concepts of Anticipatory Management as presented by Stephen C. Harper at NDSU.

What is the first key concept in Anticipatory Management?

See Opportunities

What does 'See Opportunities' entail?

Develop scenarios, focusing on offensive growth through products, markets, management, and technology.

What is a defensive strategy in the context of Anticipatory Management?

To avoid getting blindsided by detrimental situations.

How can one develop scenarios for decision-making?

Through inquiries which lead to insights.

What is the crucial decision point in pursuing opportunities?

The decision to pursue identified opportunities or not.

What does 'Accelerate Quickly' emphasize?

Shortening the time between ideas and action, and initiation and results.

What should be sought to accelerate quickly besides products?

New processes and technology.

What is a key consideration when dodging obstacles?

Do not grow faster than your management.

What are keys to seeing obstacles and increasing agility?

Scenario planning and having a clear mission.

What does having a clear mission help maintain?

Focus.

What does teaching people to be entrepreneurial contribute to?

Enhancing organizational agility.

What are the timing initiatives categorized as offensive?

Introducing products, processes, and entering new markets.

What are the timing initiatives categorized as defensive?

Dropping a product, exiting a market, and divesting the venture.

What is 'Escalation of Commitment'?

Setting defensive benchmarks to avoid overcommitment.

What is a manager's primary role regarding obstacles?

To teach people how to navigate around obstacles, not to remove them.