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Professor Henry Mintzberg's views on strategy formation can be applied to personal life and career. He suggests two ways in which strategy is formed: Deliberate Strategy and Emergent Strategy. Deliberate Strategy arises from conscious, planned action based on anticipated opportunities. This could be applied to personal life and career by setting clear goals and making plans to achieve them. Emergent Strategy emerges over time as an organization adapts to its changing environment. In the context of personal life and career, this could mean being flexible and adaptable, ready to change plans and strategies based on new opportunities or challenges that arise.
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Employees are not motivated by financial incentives. Frederick Herzberg's Two Factor theory says that compensation, status, job security and work conditions are Hygiene Factors necessary to not hate your job. But job fulfillment comes from Motivators like challenging work, recognition, responsibility and personal growth. Find a career that has true motivators and satisfies key hygiene factors. Careers that are rich in motivators are highly correlated with financial rewards. The reverse does not hold. People who find a job that is meaningful to them have a distinct career advantage. They can put their best effort every day and soon become very good at what they do. Therefore they naturally gain access to hygiene factors like good compensation, status, job security and good work conditions. Professor Henry Mintzberg says that there are two ways in which strategy is formed. Deliberate Strategy arises from conscious, planned action based on anticipated opportunities. Emergent Strategy eme...
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Management theories not only can be applied to our careers, but also personal lives. Think of them as a resource allocation problem. You have limited...
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