ABSTRACT

Seven key words for strategic thinking: 1 Differentiation – what makes the organization unique. 2 Concentration – on priorities: strengths, weaknesses, opportunities, threats. 3 Repercussions – how one strategic activity can lead to other possibilities for future action. 4 Timing – using information to take change initiatives at the right time. 5 Momentum – keeping up the initiative once it’s started. 6 Imbalance – ‘an unbalanced strategy that shakes up an organization is best for its long-term health’. 7 Combination – interdependence of all the resources of the organization, so it implies integrated management of information. –Based on Itami, Hiroyuki with Roehl, Thomas, W. (1987), p169

Definitions and distinctions

This chapter moves on to the practicalities of the process of creating an organizational strategy for using knowledge and information. Before we begin, a reminder, to save you having to turn back to the start of the book, of the relevant definitions and distinctions.