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In this week's readings, you were introduced to the main concepts of strategic leadership and planning. In this discussion question, you need to review and explain what the major challenges of strategic planning are for large, complex organizations, such as Apple, Wal-Mart, or Southwest Airlines? What do you think can be done to improve the strategic planning processes in your own organization or field?

For assistance with your research, see the library databases under Malcolm Baldrige School of Business.

INCLUDE NAMES AND LINKS OF WEBSITES USED

INCLUDES IN-TEXT CITATIONS

ALSO INCLUDE IN TEXT CITATION THROUGH OUT THE WR-ITE UP for all refences and websites used

Readings and Resources

eBook:

Hill, C., Jones, G., & Schilling, M. (2020). Strategic management theory: An integrated approach (13th ed). Cengage Learning.

Chapter 1 begins with a discussion of the concept of strategy. The strategies an organization pursues have a major impact on its performance relative to its competitors. The firm's top managers have direct responsibility for choosing strategies that will lead to superior performance and provide a competitive advantage.

The chapter equates superior performance with profitability, for profit-seeking enterprises. Sustained competitive advantage occurs when a firm is able to maintain above-average profitability over an extended period of time. Strategic management is just as crucial to nonprofits as it is to profit-seeking businesses. Much of this book is about identifying and describing the strategies that managers can pursue to achieve superior performance and provide their company with a competitive advantage. The book will provide a thorough understanding of the business model's analytical techniques and skills necessary to identify and implement strategies successfully.

• Chapter 1:Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage.

Publisher PowerPoint:

• Chapter 1 Chapter 1 - Alternative Formats
• https://drive.google.com/drive/folders/1oqi0PQnEzBTIFDDkIBrzIpfP4PsRvb_S?usp=sharing

Articles, Websites, and Videos:In this study, the authors take a look at what types of people use strategy in their thinking. They also analyze what makes someone a good strategic thinker, and why.

• Sahay, A. (2019). Strategic thinking: My encounter. 3D: IBA Journal of Management & Leadership, 10(2), 7.

In this paper, Peter Linkow discusses how strategic thinkers act and when analyzing an organization's future.

• Linkow, P. (1999). What gifted strategic thinkers do. Training & Development, 53(7), 34.

In this video, Dr. Martin gives a high-level overview, explaining strategic thinking.

Watch VideoWhat is Strategic Thinking?

https://www.youtube.com/watch?v=UCHxK0VHl3c

Below is a video that describes the difference between strategic planning and strategic thinking.

Watch VideoThe Difference Between Strategic Planning and Strategic Thinking

Duration:1:51 User:Harvard Business Publishing Corporate Learning -Added:10/17/17

https://www.youtube.com/watch?v=V2Hndmk18z0

Supplemental Resources:

Here are two good videos to watch on how to develop a PowerPointpresentation.

Watch VideoLife After Death by Powerpoint (Corporate Comedy Video)

Duration:9:29 User:Don McMillan -Added:11/9/09

https://www.youtube.com/watch?v=KbSPPFYxx3o

Watch VideoHow Not to Use PowerPoint

Duration:2:37 User:eHowTech -Added:4/10/09

https://www.youtube.com/watch?v=-ssGw7h96qo

Publisher PowerPoint:

• Chapter 1 Chapter 1 - Alternative Formats
• https://drive.google.com/drive/folders/1oqi0PQnEzBTIFDDkIBrzIpfP4PsRvb_S?usp=sharing

INCLUDE NAMES AND LINKS OF WEBSITES USED

INCLUDES IN-TEXT CITATIONS

ALSO INCLUDE IN TEXT CITATION THROUGH OUT THE WR-ITE UP for all refences and websites used

BELOW IS THE POST I NEED TO REPLY 2!!!

Strategic planning is one of the most critical responsibilities for large organizations such as Apple, Wal-Mart, and Southwest Airlines. It provides a roadmap for long-term growth in which it helps organizations allocate resources effectively, and ensures alignment between business objectives and market realities. However, the sheer size and complexity of these organizations create unique challenges that make strategic planning far more difficult than in smaller firms. These challenges include balancing short and long term goals, managing global operations, addressing diverse stakeholder needs, adapting to rapid technological change, overcoming organizational resistance, and navigating risk and uncertainty. One of the greatest challenges for large organizations is striking the right balance between short-term performance and long-term growth. Publicly traded companies such as Apple and Wal-Mart must deliver strong quartley earnings to satisfy shareholders, but they cannot afford to neglect long-term investments in innovation and market positioning. For instance, Apple must continue generating revenue from its core Iphone sales while also allocating resources toward new technologies such as artificial intelligence and wearable devices. This tension often makes it difficult to sustain a strategic plan, as financial pressures may encourage leaders to prioritize immediate gains over future competitiveness. In conclusion, strategic planning in larger, complex organizations is a demanding process shaped by global complexity, technological change, diverse stakeholder expectations, and internal resistance. Companies such as Apple, Wal-Mart, and Southwest Airlines must continually balance short-term financial pressures with long-term vision while adapting to rapidly changing environments and unpredictable risks. The most successful organizations are those that recognize strategic planning as a dynamic process as one that requires flexibility, foresight, and continuous alignment across all levels of the business. By addressing these challenges effectively, large organizations can maintain both competitiveness and stability in an increasingly complex world.