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Open Access. Powered by Scholars. Published by Universities.®

Grand Valley State University

2015

Adaptive strategy

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Full-Text Articles in Business

Strategy Design Amid Complexity: Tools For Designing And Implementing Adaptive Funding Strategies, Erica Snow, Jewlya Lynn, Tanya Beer Jun 2015

Strategy Design Amid Complexity: Tools For Designing And Implementing Adaptive Funding Strategies, Erica Snow, Jewlya Lynn, Tanya Beer

The Foundation Review

Increasingly, foundations recognize the importance of designing adaptive strategies that can respond to complex environments and problems. Recent articles have cautioned against practices common in strategic philanthropy that hinder the ability of foundations and grantees to account for changing contexts and adapt their strategies accordingly.

But understanding the importance of and barriers to adaptive strategy is not sufficient. Foundations now need processes and tools to create and implement adaptive strategies while also addressing the core dilemmas such strategies create: managing accountability in the context of adaptation, adapting at the right level, and responding to changes in context without creating too …