What is Strategic Drift? Definition and meaning

With hindsight, retail observers could see signs of strategic driftin the M&S of the late 1980s – the arrogance of assuming thatconsumers would adapt to M&S assumptions about shopping behaviourrather than vice versa. Mintzberg argues that strategy emerges over time as intentionscollide with and accommodate a changing reality, rather than being dueto a deliberate planning …