Description
Before writing, think about some of the key attributing variables that are causing managers roles to change. BE cognizant of two factors. First, that the business environment is in constant change and new circumstances will require new strategies and new approaches to implementing those strategies. Second, that strategic management is a young subject that is still in its early stages of development. Finding solutions to familiar and new business problems will require openness to new ideas, new concepts, and new approaches to strategy formulation and implementation.
Now, in your discussion question address the following questions: Just answer the questions, not APA format
- What will be the key developments in the global environment of business during the next five years?
- On the basis of these, what will be the greatest challenges that firms from the advanced industrialized countries will face?
- What strategies will firms need to adopt in order to prosper in the environment you foresee?
- What are the implications for these developments for firms’ organizational structures, management systems, and leadership styles?
Please respond to the initial question by day 5 and be sure to post two additional times to peers and/or instructor by day 7. The initial post by day 5 should be a minimum of 150 words. If you use any source outside of your own thoughts, you should reference that source. Include solid grammar, punctuation, sentence structure, and spelling.
Grading Criteria | Maximum Points |
In your initial post, clearly present well-reasoned ideas and concepts. | 25 |
Post to at least two additional students or the instructor reflecting on the other participants' postings. You should actively participate in the discussion. (5 points per response) | 10 |
Total | 35 |
Explanation & Answer
Attached.
Running Head: OUTLOOK FOR THE FUTURE
Outlook for The Future
Institution Affiliation
Date:
1
OUTLOOK FOR THE FUTURE
2
In essence, the future of the business environment is likely to change to a great extent.
The role of management will be far much that what is known today as the more and more new
understanding of business environment overtakes the management. The managers are likely to be
replaced by ...
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