The global business world is full of environmental forces which cannot be influenced by a single individual or a single company.
Managers should be able to evaluate and afterwards use them for their strategic decision making and long-term planning.
The world in the last century is a continually growing and changing one and understanding and using this progress increases the strategic planning outcome.
This assignment will analyze the rational strategy development in contemporary organisational environment and give an overview of the most important environmental factors.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Environmental factors
- Economic environment and rational strategic planning
- The influence of political environment on rational strategy
- The impact on corporate strategy through technological progress
- Micro Environmental Factors
- How rational strategy can be affected by competitive environment
- Coherence of Corporate Strategy and Environmental issues
- Short definition of Strategy
- Rationality in Strategic Decision Making
- Scenario Thinking
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This work aims to analyze the development of rational strategy in contemporary organizational environments, focusing on the influence of various environmental factors. It provides a comprehensive overview of the most significant environmental considerations and their impact on strategic decision-making and long-term planning.
- The impact of economic, political, social, and technological factors on corporate strategy
- The importance of rational decision-making in strategic planning
- The role of scenario thinking in navigating uncertain environments
- The challenges of adapting to a dynamic and changing global business environment
- The need for companies to adjust their strategies to stay competitive in a globalized marketplace
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction highlights the importance of understanding environmental forces in today's dynamic and uncertain global business environment. It emphasizes that organizations must adapt to these changes to ensure long-term success.
The chapter on environmental factors explores the most significant drivers of change, including economic, political, social, and technological influences. It discusses how these factors can impact the strategic planning process and the development of a competitive advantage.
The chapter on the coherence of corporate strategy and environmental issues delves into the importance of rationality in strategic decision-making. It examines the concepts of strategy, scenario thinking, and how these can be used to navigate complex and unpredictable environments.
Schlüsselwörter (Keywords)
This work focuses on the key concepts of rational strategy development, environmental factors, corporate strategy, strategic planning, economic environment, political environment, technological progress, globalization, scenario thinking, and decision-making.
- Quote paper
- Boris Sosnizkij (Author), 2004, How the organisational environment influences rational strategy processes, Munich, GRIN Verlag, https://www.grin.com/document/26202
