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Chaos, Strategy, And Action: How Not To Fiddle While Rome Burns

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  • FRED PHILLIPS

    (Stony Brook University — State University of New York, c/o SUNY-Korea, Songdo-Dong, Yeonsu-Gu, Incheon City, Republic of Korea)

  • YU-SHAN SU

    (National Taiwan Normal University, 162, Ho-Ping E. Road, Sec. 1, Taipei 106, Taiwan)

Abstract

The US financial meltdown has changed companies' situations not just fundamentally but pervasively. Institutions and channels of supply and communication have disappeared or become unreliable; we are literally managing in chaos, and traditional notions of strategy, planning, and implementation must be (temporarily, it is to be hoped) discarded. This presentation draws on classic management theory, newer ideas, and experiences from technology companies to outline principles for managing for survival in times of chaos. It introduces new management cycles as alternatives to Fayol's classic management cycle, and a corresponding taxonomy of organizational situations, including stable, chaos, edge of chaos, and disaster. It aims for a clear synthesis suitable for management education and training.

Suggested Citation

  • Fred Phillips & Yu-Shan Su, 2013. "Chaos, Strategy, And Action: How Not To Fiddle While Rome Burns," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 10(06), pages 1-19.
    • Handle: RePEc:wsi:ijitmx:v:10:y:2013:i:06:n:s0219877013400300
    DOI: 10.1142/S0219877013400300
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    References listed on IDEAS

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    1. Himayatullah Khan & Laura Giurca Vasilescu & Asmatullah Khan, 2008. "Disaster Management CYCLE – a theoretical approach," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 6(1), pages 43-50, November.
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    Cited by:

    1. Ghazinoory, Sepehr & Phillips, Fred & Afshari-Mofrad, Masoud & Bigdelou, Nasrin, 2021. "Innovation lives in ecotones, not ecosystems," Journal of Business Research, Elsevier, vol. 135(C), pages 572-580.

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