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    Strategic Management Metaphor

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    Please help developing a response for the following:

    1. Think of a balloon. When you push your finger into one side, the air shifts elsewhere, affecting another surface of the balloon. The volume of air is not altered. Does this metaphor apply to strategic planning? Why or why not?

    2. Why would a company stay in a declining industry? What would you do if you were the chief executive officer of such a company?

    3. Reflect on on survey experience. What could be done differently? What could be repeated?

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    https://brainmass.com/business/business-management/strategic-management-metaphor-607132

    Solution Preview

    http://www.referenceforbusiness.com/management/Sc-Str/Strategic-Planning-Failure.html

    http://www.forbes.com/sites/micahsolomon/2014/03/18/how-to-design-a-customer-service-survey-that-actually-captures-the-customer-experience/

    https://hbr.org/1983/07/end-game-strategies-for-declining-industries

    Think of a balloon. When you push your finger into one side, the air shifts elsewhere, affecting another surface of the balloon. The volume of air is not altered. Does this metaphor apply to strategic planning? Why or why not?

    This analogy has validity because of the fact that even when the strategic planner has implemented their plan, this is just the beginning of the work as strategic plans are predicated upon the fallacy that business variables can be measured and predict future ...

    Solution Summary

    This solution of 445 words discusses strategic management by analyzing metaphors, recommendations as chief executive officer and survey experience.

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