Question
b) State any two (2) conditions under which strategic planning should be done in an
organisation. (2 marks)
organisation. (2 marks)
Answers
GPT-4o mini
Strategic planning should be done in an organization under the following conditions:
1. **Changing Market Conditions**: When there are significant changes in the market, such as emerging technologies, shifts in consumer preferences, or increased competition, organizations need to engage in strategic planning to adapt and remain competitive.
2. **Organizational Growth or Transition**: Strategic planning is crucial during times of growth (such as mergers or expansions) or transitions (including leadership changes or restructuring) to ensure alignment of goals and effective resource allocation.
These conditions help ensure that the organization remains proactive and prepared to navigate future challenges and opportunities.
1. **Changing Market Conditions**: When there are significant changes in the market, such as emerging technologies, shifts in consumer preferences, or increased competition, organizations need to engage in strategic planning to adapt and remain competitive.
2. **Organizational Growth or Transition**: Strategic planning is crucial during times of growth (such as mergers or expansions) or transitions (including leadership changes or restructuring) to ensure alignment of goals and effective resource allocation.
These conditions help ensure that the organization remains proactive and prepared to navigate future challenges and opportunities.