Discussion Board 2 – Part 1
Steven Carter
Liberty University
BUSI 610
Chapter 4: How do you think planning in today’s organizations compares to planning in an organization 25 years ago? Do you think planning becomes more important or less important in a world where everything quickly changes and crises are a regular part of organizational life? Why?
The organizational environment is defined as everything that exist outside the boundary of the organization and has the potential to affect all or part of the organization (Daft, 2013). The organizational environment today presents significantly more uncertainty than the organizational environment 25 years ago. Uncertainty indicates that decision makers do not have sufficient information about environmental factors (Daft, 2013).
Twenty-five years ago, the environment was not as unstable and unpredictable as it is today. As a result, out text indicates that as environmental uncertainty increase, so does the necessity for planning and forecasting (Daft, 2013). The purpose for planning and forecasting is to enhance the organization’s ability to adapt to sudden changes in an uncertain environment.
Chapter 4: Is changing the organization's domain a feasible strategy for coping with a threatening environment? Can you think of an organization in the recent news that has changed its domain? Explain.
An organization’s domain is the territory an organization chooses to stake out for itself with respect to products, services and markets served (Daft, 2013). Although organizations can choose their product line and services to provide, the market served is volatile and changes constantly and rapidly. Since many of the components of the external sectors affecting organizations are cannot be controlled by the organization, changing the organization’s domain is absolutely a feasible strategy for coping with a threatening environment.
Over the course of the past several years, many companies have changed their...