In this module (and throughout the course) we will be discussing the strategic management cycle. And although organizations tend to consider organizational strategy yearly, organizational strategic plans tend to be multi-year endeavors often looking 5 or more years into the future. Given the typical 5 year outlook, discuss why companies go through the strategic management cycle yearly and why this is a good (or bad) idea. Give examples of companies that have incorporated strategies that took years to realize and discuss how annually revisiting a company’s strategic direction can influence an organization’s success in a competitive environment for longer range plans.
https://primenursingessays.com/wp-content/uploads/2020/08/LOGO-1-300x75.png 0 0 Mick https://primenursingessays.com/wp-content/uploads/2020/08/LOGO-1-300x75.png Mick2017-08-07 04:54:322017-08-07 04:54:32Given the typical 5 year outlook, discuss why companies go through the strategic management cycle yearly and why this is a good (or bad) idea.