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If you’re currently engaged in strategic decision-making, or will be in the future, this unit will stimulate your imagination and inform your judgement. An understanding of the frameworks of strategy and an ability to use them imaginatively will help your organisation survive in the longer-term and perform its role more effectively.<link rel="canonical" href="http://www.open.edu/openlearn/money-management/management/business-studies/introducing-framework-strategy/content-section-0" /> First published on Fri, 16 Mar 2012 as <a href="http://www.open.edu/openlearn/money-management/management/business-studies/introducing-framework-strategy/content-section-0">Introducing a framework for strategy</a>. To find out more visit The Open University's <a href="http://www.open.edu/openlearn/ole-home-page">Openlearn</a> website. Creative-Commons 2012
<p>Strategy is messy. This unit demonstrates how the processes of analysing, choosing and implementing strategy, rather than being linear and rational as they first appear, are actually inter-related and iterative. Introduce into the mix the four pressures of industry dynamics, globalisation, risk and ethics, and the dynamics of strategy begin to emerge.</p><p>This unit is an adapted extract from the Open University course <span class="oucontent-linkwithtip"><a class="oucontent-hyperlink" href="http://www3.open.ac.uk/study/postgraduate/course/b835.htm">BB835<i> The dynamics of strategy</i></a></span>.</p>
