Mintzberg's Modes of Strategic Decisionmaking

The video tutorial discusses three primary modes of decision-making in strategic management: entrepreneurial, adaptive, and planning modes. The entrepreneurial mode is driven by a leader's vision and bold decisions to seize opportunities. The adaptive mode focuses on creative solutions to address organizational problems. The planning mode involves a systematic approach to gather information and formulate strategies. These modes, identified by Mintsberg, highlight how strategy develops from managerial decision-making. Future research has expanded on these modes, exploring additional ways strategy can arise within organizations.

What is the primary focus of the entrepreneurial mode in strategic management?

• Conducting situational analysis

• Maintaining operational efficiency

• Addressing organizational problems

• Exploiting opportunities through bold decisions

In the adaptive mode, what is the main goal of managers?

• To exploit new opportunities

• To create solutions for arising problems

• To make bold decisions

• To gather all relevant information

Which mode involves a systematic approach to gather information and conduct situational analysis?

• Entrepreneurial mode

• Innovative mode

• Adaptive mode

• Planning mode

What is a key characteristic of the planning mode in strategic management?

• Guided by a leader's vision

• Focus on creative problem-solving

• Formalized and research-oriented

• Spontaneous decision-making

According to Mintsberg, what do the strategic management modes focus on?

• The financial performance of the organization

• The decision-making and behavior of managers

• The technological advancements in the industry

• The behavior of employees