Small businesses, entrepreneurial ventures, international firms and not for profit organizations each have specific characteristics that require adaptation of the strategic management process to best fit their operations. Select one of these types of organizations and:
- Identify the characteristis of the organization that justify adaptation of the strategic management process to better suit needs, organization goals and limitations
- Discuss the types of adaptation that are needed and how they contribute to more appropriate use of the strategic management process to better achieve sustained competitive advantage
- Who in the organization should be responsible for and/or take part in the strategic management process
One of the key characteristics of entrepreneurial ventures that justify their adaptation of the strategic management process to better suit needs, organizational goals and limitations, is the fact that entrepreneurial ventures are much more subject to the need for frequent changes in organizational operating procedures. Another ...