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Chapter 4.docx
1. Chapter 4: How do you think planning in today’s
organizations compares to planning in an organization 25
years ago? Do you think planning becomes more important
or less important in a world where everything quickly
changes and crises are a regular part of organizational
life? Why?
As far as planning in today’s organizations compared to
planning in an organization from 25 years ago there are
many of the same challenges, but there are quite a few
differences as well. While today we have countless tools
to help us plan more efficiently within our
organizations, we also we live in a much faster pace
world than existed 25 years ago. There are many ways to
list the types of organizational plans, but all the types
will usually fall into the four main categories of
financial, strategic, contingency, and succession (Ahmed,
2018). All of these categories have highly evolved in the
last 25 years. Financial planning has never been more
complex but there are many tools that organizations can
use to forecast the potential financial difficulty. These
types of tools may have existed 25 years ago but were not
as available or useful as they are today. Strategic
planning involves translating the organization’s vision
into goals and objectives with steps in place to achieve
them (Ahmed, 2018).This type of planning involves
analyzing the organization’s future opportunities and
threats (Ahmed, 2018). Strategic planning tools like
financial planning tools have never been as useful and
available as they are today. This is the exact case with
contingency planning and succession planning as well.
There have never been as many potential risks that
current organizations need to plan for with contingency
plans as there are today. With succession planning it
requires a plan be put in place in case someone in a
decision-making management position leaves the
organization. There is much more potential of this today
than there was 25 years ago just based solely on the
number of other opportunities decision-making managers
have compared to back then.Planning is much more
important in a world where there are so many quick
changes and crisis are a part of organizational life.
Planning will help an organization to react better to
those quick changes and avoid the crisis within the
2. organization. According to Daft (2016 p.165), “in
uncertain environments, planning and environmental
forecasting actually become more important as a way to
keep the organization geared for a coordinated, speedy
response.” If there is no organizational planning then
the organization will fail. All of the types of
organizational planning that were covered above is all
about adapting to change and forecasting how to overcome
any potential crisis that may occur in the organization.
There has never been as many resources available to help
overcome any issues that may arise as there are today and
taking full advantage of them will ensure the
organization will be successful.