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Discussion: Benefits and Limitations of Strategic Planning
Subject
Business Finance
Course
MMPA6465
Question Description
Although the strategic planning process can have numerous benefits for organizations, the process also has its limitations. As organizations determine the most effective methods to accomplish their goals and measure their growth and progress, they may experience setbacks or encounter new issues that cannot be solved with strategic planning. In this Discussion, you examine ethical, financial, and cultural benefits and limitations of organizational strategic planning.
With the organization that you selected for your Final Project in mind: The Department of Defense
Post an explanation of ethical, financial, and cultural benefits and limitations of organizational strategic planning. Include how ever-changing stakeholders might impact the strategic plan.
REQUIRED READINGS
Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement (5th ed.). Hoboken, NJ: John Wiley & Sons, Inc.
Chapter 11, “Leadership Roles in Making Strategic Planning Work” (pp. 353-378)This chapter examines the importance of effective leadership within an organization. It also explores leadership roles in the strategic planning process.
Zomorrodian, A. (2017). New Trends on Strategic Planning: Virtual Environment, Tech Innovation, Globalization & Organizational Performance
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