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Planning: As Important Now as 25 Years Ago?

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How do you think planning in today's organizations compares to planning in an organization 25 years ago? Do you think planning becomes more important or less important in a world where everything quickly changes and crises are a regular part of organizational life? Why?

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Solution Summary

This solution addresses the issue of planning, how it is different now than 25 years ago, whether it is important, and why. Includes an APA formatted reference and 300 words are provided.

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Planning is just as critical as it was years ago in that it is important to perform an analysis to understand the strengths, weaknesses, opportunities, and threats (SWOT analysis) to your organization. However, the amount of information that is available is much greater than 25 years ago—and more readily available. This makes planning easier, in some ways, but it also means that executives must sift through information to determine the most disruptive issues that the organization may face, and also be able to forecast events or opportunities ...

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