Planning for Long-term Success BUS435 Planning for Long-term Success For an organization to be successful and have long-term success they must have a very well-planned strategic plan. There are six key steps that the organization should follow. “These six key steps are (1) complete the environmental scan, (2) complete the organizational assessment, (3) resolve key …
Assignment 2: Best Practice BUS 435 Best Practice In Will Kenton article, Best Practices, defines these practices as “a set of guidelines, ethics or ideas that represent the most efficient or prudent course of action” (1). A practice that I think is extremely important especially while in the early growth stages is making sure every …
Challenges to Growth BUS 435 Challenges to Growth There is a total of seven stages of organizational growth. But I will determine which of the first four stages presents the biggest challenge. The first four stages are new venture, expansion, professionalism and consolidation. Only 50% of companies make it to stage two in organizational growth …