How Fast Is Too Fast?
- Topics:
- Strategy Formulation
- Source:
- McKinsey & Company
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Overview: Strategy formulation is one of the main tasks of an organization. Strategy of the organization determines the methodology and processes required to achieve long-term organizational goals. In recent years, organizations have been seen obsessed with speed in building their businesses. The paper argues that speedy strategy formulation and implementation does not always pay off. It has its perils too. The paper examines the situations when speed is beneficial and when it is not with regard to strategy building in organizations.
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Format: HTML | Date: Jan 2003 | Pages: 1
