Posted by Robert Williams on January 24, 2003 at 13:10:58:

As a student studying Business Policy, I am interested in opinion with respect to startegic planning and policy implimentation.

When organizations formaulate long-term plans, how much time and effort should be afforded for contingency planning. Clearly, situations and conditions change in all business markets. Therefore, startegic plans must be altered from time to time. Is the behavior in corporate america more of: let's look at all possible aspects and be prepared; or, there's a fire and we need to put it out?

Thanks much for your input! It's appreciated.

Rob Williams

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