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How do you think planning in today's organizations compares to planning 25 years ago?

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1. How do you think planning in today's organizations compares to planning 25 years ago? Do you think planning becomes more important or less important in a world where everything is changing fast and crises are a regular part of organizational life? Why?

2. How might businesses use the Internet to identify untapped customer needs through open innovation? What do you see as the major advantages and disadvantages of the open innovation approach?

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Solution Summary

This solution discusses organizational planning and innovation in 325 words.

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1. How do you think planning in today's organizations compares to planning 25 years ago?

Planning today for corporations makes use of the updated technology that we now have available. Plans change quickly in the corporate world, and particularly in today's economy. Companies now can plan, and revise planning, as needed quickly and efficiently by making use of updated technology that was not available 25 years ago. Decades ago, planning was done by word of mouth, and by pen and paper. It was a longer process, and took more time to change, as changes to plans were needed.

Do you think ...

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