5 Ps of Strategy by Henry Mintzberg cs final cri notes
5 Ps of Strategy by HenryMintzberg:
HenryMintzberg has enunciated the following 5 Ps of strategy, which are also the 5uses of strategy:
1)A Plan : A plan means a course of action which is always the partand parcel of strategy.
2)A Poly : Poly means and act or action to gain an advantage overthe opponent.
3)A Pattern : Pattern means a series of action to achieve apre-determined objective.
4)A Position : Position is a means of locating an organization inan environment
fullof external factors, on which organization has little control.
5)A Perspective : It helps in seeing the world in a thorough andcritical way.