The ‘Words-in-a-Sentence” (WIS) exercise was a competitive endeavor that pitted several teams in class against each other in the WIS industry. Each team was allowed to organize and re-organize during the course of the exercise. In Chapter 3 of Thompson et al., the concept of driving forces is discussed relative to an organization’s external environment.
a. What driving forces were prevalent in the WIS exercise?
b. What were the key success factors of the WIS industry?
c.Discuss the concept of ‘equifinality’ as presented in the WISexercise? How does ‘equifinality’ affect the strategy-making process in general?