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Planning Factors for Competitive Success

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What are the key planning factors for competitive success?

Provide an example of an organization that has achieved competitive success through planning. Provide an example of an organization that has failed to achieve competitive success as the result of failed planning.

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This detailed solution outlines key planning factors for competitive success. It includes links and examples of an organization that has achieved success as a result of planning, as well as links and examples of an organization that has failed as a result of failure to plan.

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The first key-planning factor for competitive success would be to have a plan of what the organization wants to do. This would need to be developed with an understanding of the industry, the organization, and competitors. There needs to be a focus: the idea needs to be such that it can be developed and expanded upon. Next the organization needs to have a business model or plan of what they will do what is necessary to develop the idea. This would include a hierarchy of needs, and include the ways in which the plan will be enacted through observable differences in a ...

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