Explicit Design For Strategy Formulation Frameworks

08/15/2019
by   Song-Kyoo Kim, et al.
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This paper deals with the explicit design of the strategy formulations to make the best strategic choices from a conventional matrix form. The explicit strategy formulation is a new mathematical model which provides the analytical strategy framework to find the best moment for strategy shifting for preparing the rapid market changes. Analytically tractable results are obtained by using the fluctuation theory. These results enables to predict the moment for changing strategy in a matrix form and even predict the prior moment of changes. This explicit model could be adapted into practically every strategic decision making situations which are described as a matrix form with the quantitative measures of the decision parameters. This research helps strategy decision makers who want to find the optimal moments when the present strategy should be shifted.

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