In his book "The Strategy Safari," Henry Mintzberg, a renowned management expert, presents a comprehensive framework consisting of 10 distinct schools of thought on strategy formulation. These schools provide unique perspectives and valuable insights into the processes and execution of strategic initiatives within organizations (Mintzberg, Ahlstrand and Lampel, 2005). These institutions employ a range of strategies, encompassing both structured and spontaneous approaches, in order to achieve their objectives. In the subsequent discussion on Mintzberg's schools of strategy, an examination will be conducted on the diverse perspectives that contribute to the intricacy of strategic management, equipping enterprises with valuable instruments to effectively maneuver the competitive and ever-changing business landscape. Drawing upon concepts from many Schools of Strategy, the visionary leadership of Nestle plays a pivotal role in directing the development and implementation of s...
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