The Role of Strategic Planning within an Organisation Research Paper

The Role of Strategic Planning within an Organisation - Research Paper Example It is evidently clear from the discussion that the development of an organizational strategic plan remains essential in ensuring the stakeholders remains focused toward achievement of common goals. Through the strategic planning aspect, a guideline to fundamental decisions becomes established as organizations seek to enhance the effectiveness of the organizational business process. Effective strategic planning, therefore, presents an articulate course of actions which are necessary for making essential progress within the organization. Strategic planning remains an essential aspect of management which must be effectively addressed in seeking to ensure organizational efficacy. This planning element can be defined as a fundamental determinant of the management process as it presents an evaluative communication of the organizational capabilities with objectives. Strategic planning enables organizations to match their capabilities with the anticipated outcomes, hence enhance the effectiv eness in the utilization of organizational resources. The strategic planning element provides guidance regarding the course of action to be taken under different circumstances which might face the organization. This is commonly established following an extensive analysis of the internal and external factors which might affect the effectiveness of the organization. Organisational planning remains essential in the development of processes aimed at providing a guideline into the actions undertaken towards achieving organizational goals. The fundamental focus of strategic planning remains to ensure the sustainability of business operations in the future. Strategic planning remains a critical element in different management aspects within an organization. Crisis management can be described as the process through which organizations deal with external threats which could potentially harm business operations.

The Great depression Essay Example | Topics and Well Written Essays - 500 words - 1

The Great depression - Essay Example People were still withdrawing money from banks which compelled other banks to close. This resulted in closing industry because capital was either with stock exchange or banks. Closure of business and industry left many people jobless. These homes were made of newspaper and cardboards (Watkins 46). Dust storm was named dust bawl that affected farmers and they were unable to feed themselves. Drought eliminated grass from the planes. Depression affected millions of people in America and they could not find jobs. Shantytown was housing made for people who could not afford house. It was free so many people moved to shantytown (McElvaine 34). Depression occurred during rule of president Hoover and he was made responsible by people for great depression in America. Roosevelt won the presidential elections of 1932 and became president of America. He brought major shift in policies to get the country out of immense crisis (Watkins 69). People had many expectations from Roosevelt and he introduced certain reforms to overcome depression. Banks were asked to reopen once they overcome the financial crisis. The policies and programs introduced by Roosevelt were known as the â€Å"New Deal†. These programs helped farmers including other programs like Agricultural Adjustment Administration and Works Progress Administration. People were hired for different projects for reducing unemployment (Watkins 73). After success of these programs, Roosevelt became hero and got fame in the masses. Roosevelt considered his efforts very important for ending great depression. However, it is still not clear that how much New Deal contributed towards ending great depression in America. Some ease was brought by the â€Å"New Deal† but economy was still struggling for revival by end of 1930s. Second World War was a turning point for American economy (McElvaine 51). Especially, the attack on Pearl Harbor and entering of country in World