Determinant Factors: Decision Making/Strategic Planning Process

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Good Afternoon, I will gladly help to clarify your assignment requirements.

First of all, as part of the planning process of world-wide organizations they have had to carefully create a vision and mission of their short, mid and long term future or accomplishments. In order to get to those milestones, a series of different and adaptable strategies must be implemented, because not all of these strategies work as expected and some of them, actually, fail to realize or deliver expected results regarding the vision/mission of the project. or organization. Being said that, it has to be clear that there is no one exemplar model of strategic planning and strategic decision making out there, actually there are different theoretical models of strategic decision processes and strategic planning processes, which vary upon what the organization wishes to reflect and achieve and depends on the timing to achieve certain milestones.

Strategic planning processes reflect different concepts of organizations, and these models differ substantially in terms of the management area of the organization, because of the decision context and the characteristics of the decision process. Nevertheless and in general terms, we could classify the affecting factors of strategic-decision making in five categories:

1) Internal Organizational Characteristics, values and culture (Organizational Culture)
2) External Conditions(Social, Political, Institutional, Economic, Environmental)
3) Management Culture and Management team characteristics
4) Availability of Information and Resources (Communication)
5) Managerial and Leadership skills (personality and behaviors) of executives.

Based on my experience, the five categories will be order in terms of relevance and importance and will be explained below:

Managerial and Leadership skills is one of the most important influencing factors on decision making. Leadership is the ability to influence others to achieve specific goals and objectives. Therefore, leadership skills are viewed as a behavior that provides teamwork support, challenging work based on the capabilities of subordinates, supports the middle management and the organization all to accomplish the milestones and intended objectives (Johnson, 2005). Most of the times, the leaders and managers reflects with their work culture and behavior in the following areas: Social (Mentoring, guiding and/or nurturing the needs, tastes and aspirations of the people that surrounds him/her), Political (Generating political scenario modifications that often have important consequences in terms of direction and development) and Philosophical (It seems to be far removed from the fast-paced business world, yet has a significant effect on society and the way it is managed and conducts itself).

"Most devastatingly, 95% of employees do not understand their company's strategy. (How are they ...