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K is a small organisation which makes plastic toys. The company was very recently formed by Mr V . Mr V is a skilled entrepreneur
K is a small organisation which makes plastic toys. The company was very recently formed by Mr V Mr V is a skilled entrepreneur with many years of experience in the industry.
The toy industry is incredibly fastchanging with new innovations being developed regularly. In addition, tastes and trends change regularly, meaning that sales of toys can drop quickly as they fall out of fashion.
Mr V is aware that K will often require radically new strategies in order to keep up with these changes.
Which ONE of the following approaches to strategic development would be most appropriate for K to adopt?
Incrementalism
Rational
Emergent
Freewheeling
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