Answer to Question #263844 in Management for Mareeye

Question

In what environmental or industry condition, emergent strategies can help the firm to compete successfully. 

Answer 1

Adopting emergent strategies can allow companies to put their resources toward processes that can be more effective than a company's deliberate strategies. Learning: An emergent strategy offers companies a chance to learn from the strategy and its results.Emergent strategy is the view that strategy emerges over time as intentions collide with and accommodate a changing reality. Emergent strategy is a set of actions, or behavior, consistent over time, "a realized pattern [that] was not expressly intended" in the original planning of strategy.The advantages of having an emergent strategy are: it allows for more flexibility giving the company an opportunity to be agile. Emergent strategy is also seen as a continuous process allowing for continuous learning and adaption for an organisation.