How do you think planning in today's organization compares to planning twenty-five years ago? Is changing the organization's domain a feasible strategy for coping with a threatening environment? Can you think of an organization in the recent news that has change its domain? Explain?© BrainMass Inc. brainmass.com October 25, 2018, 10:39 am ad1c9bdddf
How planning in today's organization compares to planning twenty-five years ago?
25 years ago, the static strategic plan was the primary option for planning within organizations, but because of the advances in technology and increasing uncertainty within the marketplace, this approach toward planning has been nullified. In the 21st century, it is mandatory that leaders and businesses' adapt to rapidly changing environments, which require new strategic planning on a consistent basis that is predicated upon easily attainable data that can effectively be communicated throughout the organization. Threats to businesses such as new competitors that enter their market are ...
The changes that impact organization are determined. The feasible strategies for coping with a threatening environment are determined.
Strategy makers use of environmental factors
What can a corporation do to:
1. Ensure that information about strategic environmental factors gets the attention of strategy makers.
2. Ensure that those strategy makers use that information as appropriate.View Full Posting Details