Emergent strategies are only important when a firm fails to implement the strategic management process effectively.

Question

Quizplus · Accepted Answer

Emergent strategies can be valuable even when a firm has effectively implemented the strategic management process. Emergent strategies are a result of ongoing learning and adaptation within the organization and can provide new insights and opportunities that were not originally considered in the initial strategic plan. They can also help the organization respond to unforeseen external changes, such as shifts in the market or changes in technology.

Emergent Strategies Are Only Important When a Firm Fails to Implement