The document discusses the origins and key similarities and differences between military strategy and business strategy. It notes that many strategic management terms like objectives, mission, strengths and weaknesses originated from addressing problems on the battlefield. Both military strategy and business strategy aim to gain competitive advantage by leveraging strengths to exploit opponents' weaknesses. However, their fundamental difference is that business strategy assumes competition while military strategy assumes conflict. Superior strategy formulation and implementation can overcome opponents with greater numbers or resources in both domains.
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The document discusses the origins and key similarities and differences between military strategy and business strategy. It notes that many strategic management terms like objectives, mission, strengths and weaknesses originated from addressing problems on the battlefield. Both military strategy and business strategy aim to gain competitive advantage by leveraging strengths to exploit opponents' weaknesses. However, their fundamental difference is that business strategy assumes competition while military strategy assumes conflict. Superior strategy formulation and implementation can overcome opponents with greater numbers or resources in both domains.
The document discusses the origins and key similarities and differences between military strategy and business strategy. It notes that many strategic management terms like objectives, mission, strengths and weaknesses originated from addressing problems on the battlefield. Both military strategy and business strategy aim to gain competitive advantage by leveraging strengths to exploit opponents' weaknesses. However, their fundamental difference is that business strategy assumes competition while military strategy assumes conflict. Superior strategy formulation and implementation can overcome opponents with greater numbers or resources in both domains.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Download as ppt, pdf, or txt
100%(21)100% found this document useful (21 votes)
The document discusses the origins and key similarities and differences between military strategy and business strategy. It notes that many strategic management terms like objectives, mission, strengths and weaknesses originated from addressing problems on the battlefield. Both military strategy and business strategy aim to gain competitive advantage by leveraging strengths to exploit opponents' weaknesses. However, their fundamental difference is that business strategy assumes competition while military strategy assumes conflict. Superior strategy formulation and implementation can overcome opponents with greater numbers or resources in both domains.
Copyright:
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Strong Military heritage underlies the study of strategic management.
Terms “Objectives” , “Mission”, “Strengths” & “Weaknesses” were first
formulated to address problem on battle field.
Webster’s new dictionary Strategy is
“the science of planning & directing large-scale military operations, of maneuvering forces into the most advantageous position prior to actual engagement with the enemy”
Strategy comes from Greek STRATEGOS, which refers to a military
general and combines STRATOS (the army) and AGO (to lead).
Military & business strategy’s key aim is “TO GAIN COMPETITIVE
ADVANTAGE”
Both use their strengths to exploit competitors’ weakness.
Business & military success is not the result of accidental strategy.
Rather, success is the product of: Continuous attention to changing of external & internal conditions Formulation & implementation of insightful adaptations to those changes
Fundamental Difference between the strategy of both is:
Business Strategy is based on an assumption of COMPETITION Military strategy is based on an assumption of CON FLICT
Superior strategy formulation & implementation can overcome an
opponent’s superiority in numbers & resources.
Both business & military must adapt to change and constantly
improve to be successful. War is vital important state, matter of lie & death. Survival or ruin.
Based on deception, when near to enemy, make it seem like far
away, & when far away make it seem like near.
Strike when disorder, avoid when stronger, if troops are well
prepared, wear them down, attack when he’s unprepared.
Speedy victory is the main object, if it prolongs morale depresses.
Best is to intact a state. To capture enemy’s entire army is better
than to destroy it. Subdue enemy without fighting is excellence. Art of using troops:
10 to enemy’s one > Surround him
5 times strength > Attack him If double his strength > Divide him If equally match > Engage him with a good plan If weaker < Be capable of withdrawing If all aspect unequal - Elude him Know your enemy, know your self = will never be defeated Know yourself, ignorant of enemy = chances are equal to win & lose Know neither side = You are sure to be defeated One who occupies field first will be at ease, better to occupy field first & wait for opponent to come. Analyze enemy’s plan to know his shortcomings & strong points. Army should be likened water, avoids heights & hastens to the lowlands, avoid strengths & strike weaknesses. If you decided to go in battle, don’t announce. Project “business as usual” Unskilled leaders solve conflicts in courtrooms, brilliant strategists achieve through tactics in advance to any confrontation. Before challenging any company, do much computing, analyzes & estimation. Little computing brings defeats. Skillful leaders don’t amend strategy if face creative counter-movement. When got an advantage over enemy, don’t press on. Give option to surrender to opponents. Create the appearance of confusion, fear so that opponent helplessly drawn toward this illusion of advantage.