Discuss about long-term strategy


Assignment :

During the first year or two of its existence, what reasons are there for a small-town nursing home to engage in any sort of strategic planning? This is a time when the venture's resources are stretched to the limit and all its attention is focused on reaching bed capacity with admitting new residents. Are there any disadvantages for the organization if it fails to think about long-term strategy? Explain why.


How important is planning to an organization....what benefit does it net for the company, employees, customers and community? Planning can help any project you start. It helps you get a sense of what you are doing, when you need to do it by, and for what purpose. Think on this as you read this article.

Here some info to get your wheels turning...

https://www.4service.com/importance_of_business_continuity_planning.asp

 

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Strategic Management: Discuss about long-term strategy
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