![]() ![]() A framework of rules thus creates inimitable and non-substitutable resources that enable the firm to fully exploit its competitive advantage. Hayek also extends Mintzberg's work by showing how rules in the firm capture adaptive, experiential, tacit, and dispersed knowledge in the context of dynamic environments. Both writers are critical of rationalist epistemology and instead stress experiential knowledge, fallibility, and unanticipated social consequences. Hayek’s critique of planning and design at the societal level. We provide this foundation by showing how Mintzberg’s critique of planning and design at the level of organizational strategy is in key ways anticipated by F.A. All + all corporate strategy, ansoff, 1965 +preface this, book is concerned with business strategy formulation in the socialeconomic environment of the united states. corporate strategy (a major cause of confusion at. ![]() Yet Mintzberg’s account lacks a clear and comprehensive theoretical underpinning, especially regarding how to guide emergent strategy in dynamic environments, and leverage it to exploit value creation. This book should be read by: people in business who need to. Henry Mintzberg’s celebrated critique of the “design school” argued that strategy is best thought of as adaptive, bottom-up, and based on dispersed knowledge and learning. Igor Ansoff (McGraw-Hill, New York, 1965), Corporate Strategy and Policy by John D. ![]()
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