Changes in organizations a necessity for survival

Subject: Business

Word count: 1500

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Changes in organizations have become a necessity fr survival

 

Organizations that fail to plan are planning to fail” can be agreed or disagreed”. This statement will be my essay. Without any doubt I can agree with this statement. Because planning is first and most important step that each and every organization should get done, in order to make sure that they survive in the long run. Planning in organizations has become a necessity for survival, to improve business

Success of an organization, is influenced by many environmental factors, i.e., competition, globalization, changing technology, workforce diversity, government policies, etc. it is the management who plans how to proceed and get the best outcome.

Process of identifying an organization’s immediate and long-term objectives, and formulating and monitoring specific strategies to achieve them. It also entails staffing and resource allocation, and is one of the most important responsibilities of a management team.

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