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Yes, a company can survive without a strategy. There are some companies who intentionally remain without a strategy for strategic purposes. According to Inkpen (1995) this is called 'virtuous absense'. For more information about the absense of a strategy in an organisation, I recommend to read 'The seeking of strategy where it is not: Towards a strategy absense' by Inkpen & Choudhury (1995)
Author of this answer: K.Q. Tran
What else can I help you with?
Why is strategy important in management?
strategy is to solve the problem: where we are? where want to go? And how we get there? Without the strategy, aimless in management.
Can an organization operate without a strategy?
Yes but not very well
5 possible problem that can be faced by a company without proper human resource management?
what problems that can be faced by company without proper human resource management
Why formulate and implement an operations strategy?
Forming and implementing an operations strategy helps businesses avoid problems. Even though they will still have some problems, they won't open their doors without knowing how to mitigate their risks.
Is it possible for a company or business unit to follow a cost leadership and a differentiation strategy simultaneously?
Yes, a company can pursue both cost leadership and differentiation strategies simultaneously, a concept known as "stuck in the middle." However, this approach can be challenging, as it requires balancing efficiency and unique offerings without compromising on either front. Companies that successfully implement this hybrid strategy often leverage technology and innovation to maintain low costs while providing distinctive features that appeal to consumers. Nonetheless, careful management is essential to avoid dilution of brand identity and competitive advantage.
What is green field strategy?
Greenfield strategy is when you enter a market without the use of another company or middleman in order to establish you buisness.
Can a company have a strategy without planning it?
plan to fail , or fail to plan. u choose
Who said A popular government cannot flourish without virtue in the people?
Who said " A popular government cannot flourish without virtue in the people?
What strategies can one use to market a website without paying for advertising?
One strategy that can be used to market a website without having to pay for advertising is called "ambush marketing." In this strategy, an advertiser will align themselves with a company and claim affiliiation (even if they aren't affiliated with the company) and capitalize off that company's intellectual property.
How do you survive in software company without knowing much technical things?
yes, if you go into accounts , finance etc...
Can you give examples of food for thought?
'Leadership is a combination of strategy and character. If you must be without one, be without the strategy.'
Can you give examples for food for thought?
'Leadership is a combination of strategy and character. If you must be without one, be without the strategy.'
How long can someone survive without energy?
You need energy to survive, so you cannot survive without energy.
Giraffes can survive without water how?
Giraffes cannot survive without water
Can the planet survive without light?
The planet can survive without light, but you won't
Why is strategy important in management?
strategy is to solve the problem: where we are? where want to go? And how we get there? Without the strategy, aimless in management.
How can a human survive without water?
We cannot survive without water for three day
