By Marios Katsioloudes
This new angle to strategic making plans approaches is going past the normal software for the for revenue region, to deal with concerns for the nonprofit area, and worldwide points of strategic making plans. most significantly, Dr. Katsioloudes measures the influence of cultural, organizational, nationwide and international matters at the strategic making plans approach, even if within the forprofit or the nonprofit quarter, and offers examples, workouts, and recommendations to make this key a part of foreign administration more straightforward and extra profitable. in accordance with the paintings entitled "Strategic making plans: concept and circumstances" by way of Marios I. Katsioloudes, Ph.D. and Robert D. Nale, Ph.D. provides the influence of tradition at the strategic making plans approach in either for-profit and non-profit sectors, together with social accountability, enterprise ethics, benchmarking, worldwide recommendations, entrepreneurship, and know-how issues.Part of the best-selling handling Cultural variations sequence
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Extra resources for Global Strategic Planning: Cultural Perspectives for Profit and Non Profit Organizations (Managing Cultural Differences)
Determining what business the organization is in would obviously suggest a strategic focus. After all, we need to know what we are all about before we can begin to decide what we want to do. The organization makes an important initial determination here with regard to what industry (or, industries) it intends to compete. This is often referred to as the organization’s grand strategy, defined by John A. 21 This concept, as well as a number of other activities involved at this level will be addressed in chapters that follow.
The mixed blessing stakeholder is one which is characterized by a high potential for threat and cooperation. The organization’s strategy should be to collaborate. This one is discussed separately since because the potential threat or benefit is high, management’s collaborative goal ought to be to change the situation such that the stakeholder’s threat potential is decreased and it can become more supportive. Unfortunately, the opposite might happen as well, and the stakeholder would become more nonsupportive.
The internal and external environments of the firm are presented, and the major “actors” in the process are also mentioned. An Introduction to the Strategic Planning Process (SPP) Finally, the impact of culture on the strategic planning process is being addressed. The cross-cultural strategist’s responsibility is to direct the organization in such a manner so that this social system becomes more efficient and more effective. Discussion Questions 1. Discuss the phrase “If it ain’t broke, don’t fix it” in terms of strategic planning for a successful organization of your choice.