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Unformatted text preview: Ch. 4: How do you think planning in todays organizations compares to planning twenty-five years ago? Do you think planning becomes more important or less important in a world where everything is changing fast and crises are a regular part of organizational life? Why? No doubt about it, many organizations are more complex and unstructured than they used to be 25 years ago. Wyeth and Accenture reflect the structural trend among todays organizations toward outsourcing, alliances, and virtual networking. Todays companies also use other structural innovations such as teams and matrix designs to achieve the flexibility they need to be successful in todays world. Planning always plays an important role in the outcome and success of any organizational goal. I would disagree that planning would become less important, but rather would need to be more important. We are in a world in which communication happens very rapidly and things can change at the drop of a hat; therefore, good plans need to be in place...
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This note was uploaded on 01/18/2011 for the course BUS 201 taught by Professor Marybethwhite during the Spring '08 term at University of South Florida - Tampa.
- Spring '08
- Financial Accounting