Monday, May 13, 2019

Motivating Factors for Strategic Planning Essay Example | Topics and Well Written Essays - 500 words

Motivating Factors for Strategic Planning - Essay ExampleManagement needs to event the staff members into confidence regarding how the strategic planning border would benefit them individually and collectively. Three key do drivers for organizations to engage in the strategic planning process are obtainment of competitive advantage, preparing for the future, andThe first inducing to engage in the strategic planning process for an organization is to gain competitive advantage everywhere its contemporaries in the market. Many entrepreneurs with money establish businesses but they do not know what it takes to puff out and sustain the business. If a business has little idea where it is headed, it will wander aimlessly with priorities changing perpetually and employees confused about the purpose of their jobs (Online Business Advisor, 2006). Strategic planning process allows an organization to focus its manufacturing, marketing, and question efforts in such a way that the pole pr oduct or service caters for the interest of precisely the population that needs it.The second motivating operator for organizations to engage in the strategic planning process is to prepare for the future. The golden principle that organizations follow is, If you dont know where youre going, youll probably end up someplace else (Waechter, 2012). The strategic planning process help the organizations achieve this by delineating the steps that genius an organization to its desired future. An additional benefit it provides is that it helps the organizational personnel to optimize on their potential and sharpen their productivity since they know what roadmap they have to follow. In short, the strategic planning process helps the management make communicate decisions to have long-term benefits for the organization and all people associated with it.Another very important motivating factor for organizations to engage in the strategic planning process is to prepare for change. In the pr esent age, when technology advances

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.