Reference no: EM131719269

You are a consultant. The CEO of a large company has given you an assignment to develop a better understanding of a strategic management proposal that was sent to him anonymously. He is intrigued that the proposal appears to have corporate and global potential and might help with better positioning of the company’s globalization strategy and market penetration.

The strategy is simple, consisting of a few steps:

Step 1. Recognize that the individual, organization and society are knowledge deficient and will always remain knowledge deficient. The knowledge deficiency can never be overcome. Such recognition will force the individual, organization and the society to always behave as knowledge seekers. Knowledge seeking will never stop and never reach the destination of perfect knowledge.

Step 2. Develop the ability to feel the needs of others, especially when the satisfaction of the need removes pain and suffering. Continuous sensing of pain and suffering of others becomes the methodology for relieving it through goods and services that the individual, corporation and society produce and distribute. Whenever the pain and suffering cannot be addressed, return to step 1 and pursue a solution through knowledge seeking.

Step 3. Adopt a patient and gentle approach to knowledge seeking and to resolution of cases of pain and suffering. Avoid the trap of rushing. Seek knowledge of alternatives and assess different alternatives to choose the best. The gentle approach avoids the use of force and patience allows time for knowledge-based assessment of alternatives.

Step 4. In the above steps, the individual, corporation, and society must strive to remain fair in dealing with others. The fairness will remove acts of bias and prejudice. When facing bias and prejudice, return to step 1. Prejudice and bias often take shape in absence of knowledge and adequate examination of alternatives. The seeker of fairness is an avid seeker of knowledge. The pursuit of fairness is the path to achieving justice at the individual, corporate and societal levels. The pursuit of fairness requires substantial skills in managing force and resources locally and societally.

analyze this strategy.

Note: You like the concise design of this strategy in organizing the individual, organization and the social structure. But without having to do any research, it is clear to you that the strategy lacks solid elements of force management (use of force to create and back the laws, rules and regulations) and efficient resource management (especially for maximization of profit making). These requirements are either absent from the strategy, or are included so subtly that it is hard to recognize them in the first reading. While you feel like telling the CEO the strategy will not add much corporate advantage in improving the company’s globalization strategy and or in serving the needs of the shareholders with higher profits, you do not want to disappoint him with quick rejection of what seems to have attracted his attention. His company directs many projects your way and you have no intention of displeasing the hand that feeds you millions every year.