What is the organization's contingency plan in case its strategies are not effective?
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Solved in 2 steps
- How do the internal and external environments of the organization and its strengths and weaknesses impact the planning process?What are the potential risks associated with inadequate or ineffective planning, and how can organizations mitigate those risks?List the tools the Organization uses to achieve Its Goals?
- How exactly does contingency planning function?e. What is the organization's contingency plan in case its strategies are not effective?What are the most important factors to consider when developing and implementing a strategic plan for an organization, and how can these factors be balanced against each other?
- How does management planning contribute to organizational goal achievement?what does it mean if, while doing a swot analysis, an organization cannot identify any opportunities? what if it can't identify any threats ?Organizations today strive to be more strategic in nature than they have been in the past. How can a performance management system encourage long-term and strategic thinking rather than short-term or tactical thinking? Provide a personal ex
- Sub- Management What role does scenario planning play in helping organizations anticipate and respond to uncertain futures?Discuss the ethical considerations that organizations should take into account when formulating and implementing their plans.What is tactical planning? What is operational planning? What are the similarities and differences between them?