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What has the author Victor Gilsing written?
Victor Gilsing has written: 'The dynamics of innovation and strategic alliances' -- subject(s): Business networks, Communities of practice, Economic aspects, Economic aspects of Technological innovations, Organizational change, Organizational learning, Strategic alliances (Business), Technological innovations
What is stratgeic planning?
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including swot-analysis (Strengths, Weaknesses, Opportunities, and Threats ) and pest-analysis (Political, Economic, Social, and Technological analysis) or STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors) and EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal).
What are the internal and external factor effect to the strategic plan?
Internal factors affecting a strategic plan include organizational culture, employee skills, resources, and operational capabilities. External factors encompass market trends, competition, economic conditions, regulatory changes, and technological advancements. Both sets of factors must be analyzed to ensure the strategic plan aligns with the organization's strengths and weaknesses while adapting to external opportunities and threats. Effective strategic planning requires ongoing assessment of these factors to remain agile and responsive.
How does external factor impact a business?
External factors significantly impact a business by influencing its operational environment and strategic decisions. Economic conditions, regulatory changes, competitive dynamics, and social trends can affect demand for products or services, operational costs, and market positioning. Additionally, external factors such as technological advancements can create new opportunities or threats, prompting businesses to adapt quickly to maintain competitiveness. Ultimately, a keen understanding of these external influences is crucial for effective risk management and strategic planning.
What are the Operational and economic benefits of an efficient layout?
what are the operational and economic benefit of an efficient layout
What do you mean by strategic planning?
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats ), PEST analysis (Political, Economic, Social, and Technological), STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors), and EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal). (Wikipedia)For the source and more detailed information concerning your request, click on the related links section (Wikipedia) indicated directly below this answer section.
What is pest analysis?
PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.
What is pest analysys?
PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.
What is geo-strategic position?
Geo-strategic position refers to the strategic importance of a specific location in relation to geographic, political, and economic factors. It encompasses aspects such as proximity to key resources, trade routes, military bases, and geopolitical rivals. Nations often leverage their geo-strategic positions to enhance security, influence regional dynamics, and pursue economic interests. The significance of a geo-strategic position can shift over time due to changes in global power structures and technological advancements.
What has the author Sanjaya Panth written?
Sanjaya Panth has written: 'Technological innovation, industrial evolution, and economic growth' -- subject(s): Economic aspects, Economic aspects of Technological innovations, Economic development, Industrial Research, Research, Industrial, Technological innovations
How does pestle affect HM?
PESTLE analysis examines the external factors—Political, Economic, Social, Technological, Legal, and Environmental—that can impact an organization like HM (H&M). Political factors, such as trade policies or labor laws, can influence operational costs and market access. Economic conditions affect consumer spending and demand for fashion products, while social trends shape brand perception and customer preferences. Technological advancements can enhance supply chain efficiency and e-commerce capabilities, and legal regulations ensure compliance in various markets, all of which are crucial for HM's strategic decisions.
How can the six macro environment forces can affect American expressin the future?
The six macro-environmental forces—political, economic, social, technological, environmental, and legal—can significantly impact American Express's future operations. For instance, economic fluctuations can influence consumer spending patterns, affecting demand for credit cards and related services. Technological advancements may drive innovation in payment systems, requiring American Express to adapt to maintain competitiveness. Additionally, changing regulations and legal frameworks can impose new compliance requirements, influencing operational costs and strategic decisions.
