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What are some of advantages and Disadvantages of strategic planning?
Wiki User
∙ 9y ago
Some advantages of strategic planning are: it leads to sustainable competitive advantage, improves resource allocation, reduces resistance to change, identifies strategic goals and strategic intent and facilitates communication between managers. Disadvantages include: complex process, low rate of successful implementation and costly to perform for small and medium business.
Wiki User
∙ 9y ago
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What are some tools used in strategic planning?
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How would you convince your owner for implementing a strategic planning in the organization?
Q: - 1 How would you convince your owner for implementing a strategic planning in the organization?Answer page 7 and 13 To convince our owners we should let upon strategic planning. Strategic planning is the key to helping us collectively and cooperatively gain control of the future and the destiny of our organization. Some firms do not in strategic planning and some firms do strategic planning but receive no support from managers and employee like this cause which you mention. There are many reasons which officers dislike strategic planning for example.In this assignment you mention 2 reasons like CEO this strategic planning is totally waste of time and too expensive to implement.Some firms see planning as a waste of time since no marketable product is produce. Time spent on planning is an investment.Q: - 2 Being a marketing manager, you need to identify the external force that has a major impact on your organization. Support your answer with expert opinions?Answer.Page 28 and 36
Disadvantages of manpower planning?
Manpower planning is planning of an organization is to have right number of people with right skills and abilities at right place and at right time. The disadvantages of manpower planning is cultural shift, i-e some employees are inflexible and work in the way they were originally trained. secondly, large investment is needed for training, that can be unsuitable for small businesses.
Is there any software to help the strategic planning process?
Yes, there are many software options available to help the strategic planning process. Some of these options include mystrategicplan, managepro, planware, prophix, and even Microsoft has a version.
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Some of the advantages that go along with exploratory research design include flexibility of sources, strategic planning, and better conclusions. Some of the disadvantages that accompany exploratory research design include the fact that it is not usually very useful for the purpose of making decision on their own.
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