STRATEGIC MODELS AND MANAGEMENT revised May 2017

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STRATEGIC MODELS AND MANAGEMENT revised May 2017 PROFESSOR ROBIN MATTHEWS KINGSTON UNIVERSITY BUSINESS SCHOOL LONDON ECONOMIC STRATEGIES PRESIDENT OF THE LEAGUE OF CORPORATE STRATEGY AND ACCOUNTING http/www.robindcmatthews.com http://www.tcib.org.uk/about.html http://kpp-russia.ru 11/12/2018 robindcmatthews.com

payoffs Inner dynamics Outer GRAMMAR SYSTEM STATE 11/12/2018 robindcmatthews.com

(0) P grammar OD ID PAYOFFS (P) INNER (ID) DYNAMICS The system state is a chaotic attractor SDIC P P (0) OODOO I OD ID INNER (ID) DYNAMICS OUTER (OD) DYNAMICS 11/12/2018 robindcmatthews.com

11/12/2018 robindcmatthews.com

Personal development portfolio; scheme Past Future Alternative paths Upside risks intention Chosen Downside risks alternative paths Impact analysis Probability x utility now

ORGANIZATIONAL GRAMMAR describes the rules that operate in societies/organizations/institutions Underlies Inner dynamics Outer dynamics Payoffs and stakeholders that societies/organizations/institutions focus on includes explicit, and implicit laws, regulations, traditions, cultures and mind sets external and internal to an organization. Includes hard and soft systems is reflected in artefacts Introduces structure/organization Establishes meaning/sense making 11/12/2018 robindcmatthews.com

(SOME) CATEGORIES OF grammar G =Uigi Concept [T] Personal [P] Unconscious [U] Formal [F] an intersection of sub-grammars Explicit [E] Internal [M] ∩ ∩ External [X] Tacit [T] Conscious [C] Informal [I] Social [S] Artefact [A] (SOME) CATEGORIES OF grammar 11/12/2018 robindcmatthews.com

The strategic process is embedded in organizational orgrammar conceptual Action The strategic process is embedded in organizational orgrammar 11/12/2018 robindcmatthews.com

Search Choice CONCEPTUAL Implementation EVENTS Adaptation strategic decision process Search Intentions, aspirations, vision of the future imagining/analysing alternatives, deciding according to values norms and desired payoffs Conceptual stage Imagination/analysis Algorithms Mind sets CONCEPTUAL Choice Commitment to chosen alternatives. RISK AND UNCERTAINTY; from potential to actual Dynamics ensure that intentions are never fully realised Implementation Implementation of chosen alternatives. Monitoring events and comparing actual with desired outcomes. EVENTS Actual payoffs occur. Algorithms for implementation; systems structures cultures architectures path dependence Monitoring and control, algorithms comparing actual events to intentions. Adaptation stage Change evolution as elements of the meta model change Adaptation Adaptation to changes in outer dynamics, inner dynamics and grammar, or miscalculations, unexpected events and disappointing payoffs. 11/12/2018 robindcmatthews.com

RISK GRAMMAR GRAMMAR GRAMMAR OUTER DYNAMICS 9 Evaluation, 8 reflection 1 vision, intention ADAPTATION implementation 7 2 values REALISATION SEARCH PAYOFFS 6 3 CAPABILITIES choice commitment 5 4 alternative scenarios GRAMMAR RISK GRAMMAR robindcmatthews.com

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RISK GRAMMAR GRAMMAR GRAMMAR OUTER DYNAMICS 9 Evaluation, 8 reflection 1 vision, intention ADAPTATION implementation 7 2 values REALISATION SEARCH PAYOFFS 6 3 INNER DYNAMICS/capabilities choice commitment 5 4 alternative scenarios GRAMMAR RISK GRAMMAR robindcmatthews.com