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Analogical Strategic Reasoning   38-slide PPT PowerPoint presentation (PPT)
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Analogical Strategic Reasoning (PowerPoint PPT)

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This product (Analogical Strategic Reasoning) is a 38-slide PPT PowerPoint presentation (PPT), which you can download immediately upon purchase.

Strategy is about choice. Oftentimes, executives use analogies to make strategic choices, known as Analogical Strategic Reasoning. Using this technique plays a role in strategic decision making that is large, but largely overlooked. Strategists who pay attention to their own analogical thinking will make better strategic decisions and fewer mistakes.

Analogical Strategic Reasoning is described in the HBR article "How Strategists Really Think," authored by Giovanni Gavetti and Jan Rivkin. Much of this document is based on the thinking proposed by these authors. Analogical Strategic Reasoning is often used by strategists for the following purposes:
•  The amount of information available in many strategic situations is similar to the information required to draw analogies.
•  The wealth of managerial experience matches the need for that experience in analogical reasoning.
•  The need for creative strategies can be fulfilled through analogy's ability to spark creativity.

Successful strategy consultants and firms are known for their ability to draw lessons from one industry and apply them to another—i.e. apply Analogical Strategic Reasoning.

This document discusses the merits and methodology to Analogical Strategic Reasoning, including its strengths, common pitfalls, and other problem solving methods: Deduction and Trial and Error. This document also contains case examples and PowerPoint templates to be used in your own analyses and presentations.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Problem Solving PowerPoint Slides: Analogical Strategic Reasoning PowerPoint (PPT) Presentation, PPT Lab


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File Type: PowerPoint ppt (PPT)
File Size: 706.5 KB
Number of Slides: 38 (includes cover and all slides)


ABOUT THE AUTHOR

Author: PPT Lab
Additional documents from author: 24

PPT Lab is a presentation design firm specializing in business frameworks and PowerPoint templates. Our team is comprised of ex-consultants from McKinsey, E&Y, Bearing Point, and boutique consulting firms. We have worked with hundreds of clients globally, ranging from mid-size manufacturing companies to global Fortune 500 conglomerates. [read more]

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