Sunday, April 28, 2019

Strategic planning Assignment Example | Topics and Well Written Essays - 750 words

Strategic training - Assignment ExampleStrategic planning is an instrument incorporated by management to ensure that all of its components be working towards realizing an disposals goals. It has long been used to transform, and revitalise organizations in galore(postnominal) areas of the world. Businesses, whether profit or non-profit, are incorporating these strategies in localize to better their situation in the global securities industry blank. The political and economic standing in many countries, today, has caused the switch everywhere in many organizations plans (Grant, 2005). This is in order for them to have a piece of the foodstuff pie while capitalizing on the same. This paper will re pick up strategic planning as a tool, and how it assistances organizations sustain and develop. Scenario planning is a process of tactical planning that involves the creation of long-term goals/objectives. It jocks combat uncertainty in an organization through the short period t hat it is incorporated. The need to create such a tool is to help an organization find the perfect environment in which their products, goods, or services can sell and happen upon a profit. Those who practice with the use of such a tool enjoy the benefits it accrues. The need to prepare for the future ensures that analysts and strategists create scenario development in an organization (Grant, 2005). This is to prevent any drawbacks that may try and affect the organization after a certain period. During the implementation of such a tool, driving forces in the economic market are identified. This makes analysts aware of the environment in which the organization is dealing with, and how to penetrate such a market (Grant, 2005). This provides them with adequate time and response to what they need to do in order to make the organization displace in profits. An example of an organization that incorporates the use of scenario development is the Shell Oil Company. They are involved with the bargain for and sale of oil in many parts of the world. They have admitted to using strategic analysis to help them in long range decision making processes (Grant, 2005). It is through this admittance that traditional methods of planning are found to be highly ineffective. This is as some other companies confess. The company has praised this tool of planning by saying that the market identification process is much easier than it was before its inception. Managers of the company claim that the strategy allows them to view future environmental uncertainties hence enabling them to be more effective than they were before employing such strategies. The utilisation of such a technique is seen above with the forecasting of future environmental changes. Managers ascertain that the environment is largely unpredictable (Grant, 2005). Utilizing such a technique will ensure that the company holds an upper hand over other companies. These are the companies that still incorporate traditio nal forms of environmental, future forecasting. How does the military deal with barriers to effective decision making In order to have uniformity in a unit, it is imperative that the military compulsory officers have jurisdiction over a vast area. However, there are areas in which the decisions made by a commanding officer may present a problem to many in the same base. Some of the barriers to effective decision making include responsibility bestowed on individuals (Porter, 1998). This is a frighteningly great(p) problem that many people are exposed to in the military. They are often assigned tasks that many may think are above them. However, once this barrier is broken, since it is a psychological one, everything seems to fall into place for all those involved. Another problem that affects effective decision making for many officers in charge of an army base is the problem of overconfidence. This can be a problem to those around individuals given certain tasks. This is because t heir overconfidence when it relates to their job can be overly harmful to others. The negative factors that affect

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