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Essay text:
Organizations create strategic plans within the context of the existing environment. However, the environment does not remain stagnant. The environment to which organizations and corporations operate is a dynamic world where only change is constant. Thus, there is a need for constant revisions, alterations, and changes in strategic plans, even in goals and objectives to be able to meet the challenges and demands of the dynamic environment (Denison, 19900. There are many factors that can trigger changes within the environment and within the organization.
External factors include changing regulatory or legal environment; competition; changing expectations on quality, productivity, and customer satisfaction; public image; and new
technologies...
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