Need help with discussion questions week 1.


1. Why is strategic planning important to the organization? What makes it strategic?

How does strategic planning help the organization? Give current event examples or examples from actual, real-life situations.

2. What legal issues do companies face when creating a strategic plan?

What effects do legal issues have on our strategy planning process?

Discuss in terms of global compliance strategy.

3. Wu, S. I., & Lin, C. L. (2011). The influence of innovation strategy and organizational innovation on innovation quality and performance. International Journal of Organizational Innovation, 3(4), 45-81.

Message expanded.Message read

Fairbass, J., & Zueva-Owens, A. (2012). Conceptualising corporate social responsibility: ‘Relational governance’ assessed, augmented, and adapted. Journal of Business Ethics, 105(3), 321-335. (forund in ERR)

4. How and why has strategic planning needed to become more flexible in recent years compared to the past? Or has it? What factors influence it?

5. How is Innovation included in strategic planning? Wu, S. I., & Lin, C. L. (2011). The influence of innovation strategy and organizational innovation on innovation quality and performance. International Journal of Organizational Innovation, 3(4), 45-81.

(from ERR).

6. Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization’s stakeholders? Are ethics situational? Differing global ethical standards? How do these affect strategic planning?

7. Describe the work of strategic leaders. (1)

8. Explain the strategic management process. (1)

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