How does Professor Henry Minzberg's theory of Deliberate and Emergent Strategies challenge traditional strategic planning paradigms?

The book 'How Will You Measure Your Life' presents innovative ideas regarding strategy formation, particularly the concepts of Deliberate Strategy and Emergent Strategy. Deliberate Strategy is when organizations make plans based on anticipated opportunities. On the other hand, Emergent Strategy arises from day-to-day decisions to pursue unanticipated opportunities or resolve unexpected challenges. If the company decides to pursue the Emergent Strategy, it becomes the new Deliberate Strategy.

The implementation of Emergent Strategy in real-world business scenarios is highly feasible. Emergent Strategy is a concept that allows businesses to adapt and respond to unexpected changes and opportunities. It's a strategy that emerges over time as initial plans meet the reality of execution. This strategy is particularly useful in rapidly changing environments where businesses need to be flexible and responsive. However, it requires a high level of adaptability and a willingness to deviate from the original plan.