1.Given limitations of environmental analysis, is environmental analysis worth the effort required? Why?
2.Which of the environmental analysis strategic thinking frameworks are most useful? Why?
answer hint:
for the question1.
These limitations include:
● Environmental analysis cannot foretell the future.
● Managers cannot see everything.
● Sometimes pertinent and timely information is difficult or impossible to obtain.
● There may be delays between the occurrence of external events and management’s ability to interpret them.
● Sometimes there is a general inability on the part of the organization to respond quickly enough to take advantage of the issue detected.
● Managers’ strongly held beliefs sometimes inhibit them from detecting issues or interpreting them rationally.
for the question2.
environmental analysis strategic thinking frameworks include:
1.Simple Trend Identification and Extrapolation
2.Delphi Method
3.Nominal Group Technique
4.Brainstorming
5.Focus Groups
6.Dialectic Inquiry
7.Stakeholder Analysis
8.Scenario Writing
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