How does management planning compare to 25 years ago? Is planning becoming more important or less important when everything changes so quickly and crises are a regular part of organizational life?
Long-term strategic plans for large organizations have not changed much in the last 25 years. However, subsidiary planning functions involving how to achieve the results in the strategic plan have changed a great deal, as management becomes decentralized and response times have become much quicker. Risk management and crisis management planning have become more common, as well as more flexible and sophisticated.
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Latest answer posted July 30, 2017 at 2:00:50 PM