
To determine: The situation when top-down planning is superior to bottom-up emergent strategy development.
Introduction:
Strategic management refers to formulating and implementing the way to achieve the goals by considering available resource and the internal and external environment. It will be framed by the top management on behalf of an organization.

Explanation of Solution
Determine the situation when top-down planning is superior to bottom-up emergent strategy development:
For stable environments, top-down strategic planning is best. If the environment is not stable and the things are uncertain, the emergent strategy can be used. However, according to some researchers, combining both top-down and emergent strategy would help to derive the best results.
In the recent times, most of the organizations are flexible. Thus, the firm can use top-down and bottom-up plan based on the situation. Reliability and consistency are the key success factors if the business is using top-down planning. Innovation based business is the success factor if the business is using bottom-up planning. Determining the customer needs and being close with the knowledge of the customers are the basic advantages of bottom-up emergent strategy.
Want to see more full solutions like this?
- To overcome problems with strategic alignment of CSV, firms should?arrow_forwardSimilar to insurance companies, financial institutions such as banks view risk management as critical to the success and viability of their business and have therefore adopted strategies to manage the risks they are exposed to. Explain 5 operational risks and give two examples of such risks faced by management at financial institutions. explain the importance of establishing an effective risk management policy at financial institutions to manage operational risks, giving one example of a risk management strategy used by financial institutions to mitigate such risks. Discuss the role of the Core Principles of Effective Bank Supervision as it relates to operational risks, in the effective management of financial institutions?arrow_forwardIf a article discusses Dyson’s decision to terminate its business relationship with Malaysian supplier ATA IMS Berhad due to concerns over labor practices. Key points include: 1. Termination of Contracts – Dyson, which contributed nearly 80% of ATA’s revenue, ended all three contracts (tooling, goods & services, and contract manufacturing) after an audit revealed labor violations. ATA’s stock value dropped significantly following the news. 2. Labor Violations & Investigations – Allegations included excessive overtime, debt bondage through recruitment fees, forced labor, and mistreatment of workers, including reports of a former worker being taken to the police station and beaten. U.S. authorities were also investigating ATA, reflecting broader concerns over forced labor in Malaysia. 3. Impact & Reactions – The termination affects thousands of workers, most of whom are migrant laborers. Activists called for Dyson to take responsibility for worker remediation. The…arrow_forward
- Similar to insurance companies, financial institutions such as banks view risk management as critical to the success and viability of their business and have therefore adopted strategies to manage the risks they are exposed to. Explain 5 operational risks and give two examples of such risks faced by management at financial institutions. Discuss the importance of establishing an effective risk management policy at financial institutions to manage operational risks, giving one example of a risk management strategy used by financial institutions to mitigate such risks. What is the role of the Core Principles of Effective Bank Supervision as it relates to operational risks, in the effective management of financial institutions? Give explanationarrow_forwardBased on your Course Project (Organizing a diversity, equity, and inclusion (DEI) awareness month celebration) Explain what contingency planning Based on Organizing a diversity, equity, and inclusion (DEI) awareness month celebration including its broader conversation of risk management?arrow_forwardBias Vulnerability- On which biases were you the most vulnerable? On which ones were you least vulnerable? Did the ambiguity, or pressure to make quick decisions have an impact on the process?arrow_forward
- In each of the four scenarios of OB Simulation, you will be faced with making a key decision. Each scenario also poses a potential decision-making bias. As you navigate the simulation scenarios, consider which decision-making bias may be an issue for each scenario.identify which bias you thought it was as compared to the bias that actually was placed in the simulation. Did you accurately predict the bias?arrow_forwardEvaluate the arguement of Meredith in this case. Are her claims valid? Was she treated fairly ? Evaluate the arguement of the supervisor and manager in this case . Are there claims valid ? Was firing Meredith fair in this case ?arrow_forwardWhat benefits are executive officers entitled and give two references with your answer. What are the advantages and disadvantages of being an executive officer. Give two references with your answer.arrow_forward
- %ro .. ٥٠٢:٤٧ ره < Notes ← 28 December 2024 at 10:54 شاب يتحدث ما تمنيت شئ الا وحصل لي بهذا الدعاء . اللهم يا اكرم الاكرمين ويا ارحم الراحمين بـ من تسجد له الجبال وتسبح بحمده الافواه اسألك بأسمائك الحسنى وبصفاتك العظمى الذي اذا سألت بها اجبت اذكر حاجتك). ١٥ ألف + ... متابعة mokrane_hamza A ng Humming Nasheed . + من الاكسبلور فولو ( يتابعه 18_les_jijeliensarrow_forwardBased on your Course Project (Organizing a diversity, equity, and inclusion (DEI) awareness month celebration) Explain what uncertainty outcome would be best suited to manage risks effectively for the project you chose. Remember, choosing an outcome as it relates to uncertainty is dependent on different variables, such as the industry, environment, culture, and so forth. (Use Table 2-10. Checking Outcomes - Uncertainty Performance Domain to review the different outcomes.)arrow_forwardWhy is Program management more involved than project management as it requires oversee multiple related projects to achieve strategic objectives?arrow_forward
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage LearningManagement, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
- Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage LearningFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning




