After reading Freek Vermeulen "Many Strategies Fail Because They're Not Actually Strategies", comment on the merits...

50.1K

Verified Solution

Question

General Management

After reading Freek Vermeulen "Many Strategies Fail BecauseThey're Not Actually Strategies", comment on the merits of hispoint that "Many so-called strategies are in fact goals. “We wantto be the number one or number two in all the markets in which weoperate” is one of those. It does not tell you what you are goingto do; all it does is tell you what you hope the outcome will be.But you’ll still need a strategy to achieve it." (p 3). Offer anexample, is there a particular company, product, or market thatmight serve as a cautionary tale?

Answer & Explanation Solved by verified expert

4.2 Ratings (472 Votes)

A perfect example of a company that can serve as a cautionary tale is Kingfisher Airlines The company was running perfectly gaining a huge market in the Indian Airlines sector Initially the company followed a strategy of running low cost flights and gained almost 16 of See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member