how can companies build flexibility into their plans? hero course

How can you gain more strategic flexibility?

Dec 14, 2015 · 22. ____ can help organizations to maintain flexibility as they plan. a. Environmental munificence b. Options-based planningc. Formalization d. Liaisons e. Group cohesiveness ANS: B Options-based planning is a major approach to planning which provides greater strategic flexibility.

Why promote operational and individual flexibility?

Of course this schedule can be adjusted to see which works best for the company. Flex time allows our employees to pick their own schedule as long as the eight hours are completed. This can be helpful for employees with school aged children, it will give them the opportunity to at least drop them off at school and have some type of normalcy in ...

Do you need to be flexible in your strategic thinking?

32. _____ can help organizations to maintain flexibility as they plan. a. Environmental munificence b. Learning-based planning and options-based planning c. Formalization d. Liaisons e. Group cohesiveness ANS: B Learning-based planning emphasizes learning better ways of achieving goals by continually testing, changing, and improving plans and strategies. The goal of options …

Is adaptability a core value in your business?

Jun 11, 2009 · on Building flexibility into business planning. ONE of the take away lessons from the CFA curriculum is that the conventional method of valuing an investment is to determine the present value of expected future cashflows. One way of doing this would be to use the constant growth dividend discount model, which estimates the value of a stock by ...

Why is annual strategic planning important?

Having an annual strategic planning process is essential, because it forces you to understand your company's core capacities, its strengths and weaknesses and its competitive markets (that is, the behavior of your customers and movements of your rivals). It also demands that you make assumptions about the future and some short-term financial ...

Who is Chuck Leddy?

Boston-based Chuck Leddy is an NCMM contributor and a freelance reporter who contributes regularly to The Bo ston Globe and Harvard Gazette. He also trains Fortune 500 executives in business-communication skills as an instructor for EF Education.