Critical Review of Strategic Thinking Paradigms Assignment

Critical Review of Strategic Thinking Paradigms - Assignment Example Basically SM is a profound concept that involves organizational planning and competitive integration of a system. It is a peculiar concept that requires detailed and comprehensive understanding. This paper is bringing insight on two of the most important texts in strategic management. It may include the review of the Kaufman, Greiner and Cummings works regarding strategic management themes and perspectives. The paper presents the contrasting and differentiating views of the literature, in order to find novel practices of strategic management. In the 21st century world, a precise change has been experienced by organizations. This change involves vulnerability, risk and competitiveness due to the large number of market players present. Technology has a crucial role in settling this impulsive change, which has made the environment of business competitive and risk-oriented. In this vulnerable environment, a new type of strategic planning is needed as proposed by Greiner and Cummings in their text. The authors deliberately propose novel strategic planning, which is different from the so-called conventional strategic frameworks. This new strategic framework is a proactive one, definitely not the idle one as the old ones used to be but highly receptive and responsive to the changing business environment. It is a dynamic strategic planning system, which authors propose as an alternative to the conventional strategic system. As organizations are dynamic today so the need is to incorporate this dynamic strategic system (Greiner & Cummings, 2009). Kaufman in contrast to Cummings and Greiner proposes a pragmatic strategic model. This model collaborates the new and the old conventional frameworks of strategic planning. The author thinks that old models are useful, as they set the baseline to form the new models of strategic planning. The need is to join the old techniques