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                                                                                 Chapter 5 E-business strategy  267




                                                                     1
                                                               Strategic analysis

                                                      External                  Internal
                                                    environment                resources







                                                                     2
                                                              Strategic objectives
                                                                                                        response
                                                      • Vision
                                                     • Mission                • Objectives
                                                                                                        and
                                                                                                        evaluation


                                                                                                        Monitoring,
                                                                     3
                                                              Strategic definition

                                                  Option           Option           Option
                                                 generation       evaluation        selection







                                                                     4
                                                            Strategic implementation


                                                 Planning         Execution         Control



                                      Figure 5.4   A generic strategy process model



                                    the way in which strategy process models are applied. Referring to the work of Mintzberg and
                                    Quinn (1991), Lynch (2000) distinguishes between prescriptive and emergent strategy
                  Prescriptive strategy  approaches. In the prescriptive strategy approach he identifies three elements of strategy –
                  The three core areas of
                  strategic analysis,  strategic analysis, strategic development and strategy implementation, and these are linked
                  strategic development  together sequentially. Strategic analysis is used to develop a strategy, and it is then implemented.
                  and strategy implemen-
                  tation are linked together  In other words, the strategy is prescribed in advance. Alternatively, the distinction between the
                  sequentially.     three elements of strategy may be less clear. This is the emergent strategy approach where
                                    strategic analysis, strategic development and strategy implementation are interrelated.
                  Emergent strategy
                  Strategic analysis,  In reality, most organizational strategy development and planning processes have elements
                  strategic development  of prescriptive and emergent strategy reflecting different planning and strategic review
                  and strategy implemen-
                  tation are interrelated and  timescales. The prescriptive elements are the structured annual or six-monthly budgeting
                  are developed together.  process or a longer-term 3-year rolling marketing planning process. But, on a shorter
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