PLANNING Research Paper Example | Topics and Well Written Essays - 1000 words

PLANNING - Research Paper Example However, on the other hand, if any organization is not planning adequately then, it is on route to damnation to say the least. Additionally, it is important to mention that too much of something is always bad and same goes with planning. The organizations and managers that succumb to planning unnecessarily do not have sufficient time to implement and translate plans into the reality. The value of modifying strategy was revealed in order to survive in the global corporate arena. Each and every country in the world is known to have divergent cultural norms and therefore, it is imperative for the companies to modify their practices according to the environment of the local economy. Ireland, D., & Hitt, M. (1999). Achieving and maintaining strategic competitiveness in the 21st century: The role of strategic leadership. Academy of Management Perspectives Vol 13 (1) 43-57. The leading firms are famous for building a consortium of strategists and operational management. The strategists are responsible for planning new practices and products and the operational managers are there for making these concepts a reality. The abovementioned division is necessary because those who plan cannot implement and those who implement cannot plan. In this manner, a synergetic relation gets birth and therefore, the doers have to work closely with the thinkers. The planning remained an integral part of the business in all ages but in the era of the 21st century, it is more than an integral now because it is the heart and soul of the commerce. The environment of each and every industry in the world is changing rapidly and therefore, the businesses have to change their strategic stance in order to cope with varying climate. The organizations that are planning without any plan are nonexistent because they cannot survive in the challenging market environment of the 21st century (Ireland & Hitt 1999). The entrance of foreign competition placed a premium on the practice of planning and becaus e of this reason, the companies are needed to use more complex methods of planning in order to live their days peacefully in the modern era that is plagued with technological interventions. The planning got complex and if organizations fail to use sophisticated methods towards scheduling then, they will be going to end up extinct. Agnew, M. (2013). Strategic Planning An Examination of the Role of Disciplines in Sustaining Internationalization of the University. Journal of Studies in International Education Vol 17 (2) , 183-202. The importance and value of strategic planning in the field of education was highlighted. The global educational institutions have to plan vigorously in order keep their course offering aligned with the changing and growing needs of the practical arena. The idea of foreseeing the development of new educational needs is indeed the essence of managing educational institutions in the modern era of the 21st century. The planning is also defined as predicting the future and this is the manager’s way to talk to the future. The managers are always talking to the future on their own way. The planning helps the managers in creating the future. Those business professionals who only talk to the future adapt in order to manage the future. But, the managers who plan in detail somehow end up with the power to manipulate the future to service them and their objectives. Thusly, a new organizational philosophy developed where employees are empowered. The planning took a role of providing a new ways of