Acting versus thinking: A debate between Tom Peters and Michael Porter

Increasingly, managers are harried by rapidly accelerating technological changes, globalization, and new competitors. How can they cope with the mercurial environments their firms are facing today? Should they stop wasting precious time thinking strategically and instead concentrate on action? Should they forget about careful pre‐planning and use their energy to try enough different approaches so some will surely succeed? Has strategizing as we know it become obsolete in today's chaotic environment?