Strategies can be developed for use in the short term or in the long term. Explain why. Introduce the concept of forecasting the future or future thinking. Why do organizations plan for the future? How is future planning done from a strategy perspective? What role does strategic analysis play in future-oriented strategic planning. The Unit 3 & 4 (M2) resources in the Mindtools Platform can be very helpful. Use them, along with library resources to learn about the future-oriented strategy, and as research resources to inform your writing.

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Developing strategies for both the short term and long term is essential for the success and sustainability of organizations Shortterm strategies are ... View the full answer