2. The company envisages its strategic planning would result in the need to make plans to change many aspects of the organization. Is there a theory or methodology that can guide the decision makers as they embark on this? If so, explain this theory in detail. b) What are its advantages and disadvantages?
You are the Director of HR in a financial institution. In 2019, your company began a strategic
planning exercise. Then came COVID. As the country responded to the Government’s public
health measures, the company made many adjustments to the way work was accomplished.
Coming out of the COVID crisis the company is different in many ways, especially in its use
of information technology.
The company is now about to return to its strategic planning exercise. They expect that this
will result in the need to make major changes. Senior managers are reflecting on and
assessing the current situation and are asking several questions. The CEO has asked you to
prepare a paper that answers the following ones:
2. The company envisages its strategic planning would result in the need to make plans
to change many aspects of the organization. Is there a theory or methodology that
can guide the decision makers as they embark on this? If so, explain this theory in
detail.
b) What are its advantages and disadvantages?
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