Question: The global economy will function differently in the foreseeable future due to the effects of pandemic disruptions, a war in Europe, and inflation. The term

The global economy will function differently in the foreseeable future due to the effects of pandemic disruptions, a war in Europe, and inflation. The term "new normal" is being used as organizations figure out how to leverage environmental analyses and develop strategies in uncertain times. As with all of the other strategies undertaken thus far in class, a multidisciplinary approach is necessary.

While not focusing on a single business or industry, research how strategic management is facilitating plans to support organizations in the post-COVID economy. Use quality research published within the last year. Articles from the library databases are a good choice. Library databases allow searching by date. In Google search, click "Tools" and enter the date range.

  • Leadership: Look at the management planning function under economic uncertainty.
  • Managing Operations: Assess how operations can be scaled to support changing economic conditions
  • Data Analytics: The role of data analysis. (1 page).
  • Financial: Examine accounting/finance practices that can be applied.
  • Marketing: Consider how marketers contribute.
  • Ethics: Include ethical concerns.

Making Connections

  • Explain how Strategic Management provides a foundation for the cross-functional teams to join forces to steer an organization in economic uncertainty.

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