The premise of our book, The Alpha Strategies, Understanding Strategy, Risk, and Values in Any Organization, is that 8 strategies are common to all organizations from for-profits to nonprofits to government organizations.
We define strategy as a course of action and our research tells us there are 8 choices all organizations must make.
These findings are based on a fresh reading of Henri Fayol's General and Industrial Management, in which Fayol lists 6 of these 8 strategies on the first page of his book, arguably the first book written on the subject of the modern discipline of strategic management.
Peter Drucker identifies 2 more of the 8 in his famous work, The Practice of Management, written in 1954.
The 8 are: Business Definition/Mandate, Growth, Risk, Financial Management, R&D/Technology, Organization Management, Marketing/Sales | Communications, and Service Delivery - which is also known as Production or Manufacturing depending on the nature of the business.
These 8 strategies must be understood because they represent the 8 categories of strategy found in every organization. It is problematic to undertake strategic planning without understanding current strategy; being, all of the 8. Strategy cannot be changed without a solid understanding of current strategy.
The 8 strategies are the source of all organization design and the expectations which will drive the implementation of subsequent strategy planning to implement their intent.
For more information on The Alpha Strategies, visit us at thealphastrategies .com