Sub- Management What role does scenario planning play in helping organizations anticipate and respond to uncertain futures?
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Sub- Management
What role does scenario planning play in helping organizations anticipate and respond to uncertain futures?
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Solved in 4 steps
- How can organizations use scenario planning to prepare for uncertainty and potential future challenges? What are the potential benefits and drawbacks of this approach?How can organizations use scenario planning to prepare for potential future events and challenges? What are some best practices for conducting scenario planning exercises?Describe the process of Conducting a Situation Analysis?
- What is the role of EXECUTIVE SUPPORT SYSTEMS (ESS) and DECISION SUPPORT SYSTEMS (DSS) in modern companies? What benefits can be brought to the company.What are the different types of plans that organizations can use to guide their actions and decision-making?Case1: A company that was been able to gain a good market share in the past has experienced many conflicts within the company. Its market share is also declining, and managers are in competition for resources from the company. At what stage of the life cycle is this company? What is your suggestion to the manager of this company?
- How MIS use it to draw decisions or help managers to take decisions, Explain with suitable examples?Case2: A company with a good market share has a severe conflict between new professional executives and old managers. This conflict caused some professional managers who have recently joined the company to leave the company. At what stage of the life cycle is this company? What is your suggestion to the manager of this company?Explai why decision making is important component of good management.
- what strategies could be employed to ensure that the program's achievements and impacts are accurately communicated to decision-makers and funders, thereby securing continued support and resources?What are the potential risks associated with inadequate or ineffective planning, and how can organizations mitigate those risks?Discuss FOUR (4) ethical questions that a manager should ask when evaluating a proposed action to make decision.