Publications
Detailed Information
Time Streams, Accelerators, and Catalyst in Strategic Decisions
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 2000-12
- Citation
- Seoul Journal of Business, Vol.6 No.1, pp. 1-16
- Keywords
- 윤석철 ; manager ; visualize desired future
- Abstract
- This paper assumes that pursuing long-term goals to build
organizational competence and capabilities, such as developing
strategic technologies, is a right thing for managers to do. However,
pressures on the managers to generate short-term financial profits
make it difficult to pursue the long-term goals. Hence, it is necessary
for long-term oriented managers to arm themselves with an overarching
philosophy to uphold their visions, goals, and projects. The first
objective of this study is to develop a philosophical framework for the
long-term oriented managers to explain and justi@ what they are doing.
Managers equipped with this framework will'find it easier to mobilize
support from internal and external constituencies. The second objective
of this study is to formulate a model for the planning managers to think
in time-streams to realize their long-term goals in the shortest possible
time.
The planning model to think in time streams involves three steps. The
first step is to visualize a desired future in terms of new products,
technologies, and trust relationships. The second step is mapping
backward (from the desired future to the present) to create catalytic
means to accelerate the realization of the vision. The third step is to
weigh the expected long-term gains against the short-term losses
coming from the means, and analyze contingencies as to when shortterm
concerns should be recognized or take priority.
As for research methods, this study draws on concepts and
definitions developed from both natural and social sciences, and applies
them to analyze historical cases in business management. This
research acknowledges the 'paradigm of new science' maintaining that
nature is so creative, innovative, and even intelligent, that she can
intimate wisdom and intelligence to modern-day organizational
managers. This study analyzes scientific facts (e.g., the
Brachistochrone) that intimate nature's intelligence to minimize the
time it takes to achieve its final (or long-term) goal. As a conclusion,
- ISSN
- 1226-9816
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.