|
|
1.0 Introduction: Sometimes the length of time horizons will determine whether the plans and goals could reach or not. Therefore, today more and more people are interested in time horizons, and most of them investigate the relationship between organizational plans, goals and time horizons. It also causes many different views on the length of time horizons. Some management theorists put forward that the time horizons for all strategic plans should become shorter because of the turbulent changes in organizations' external environments. I agree that some strategic plans should short their time horizons but not all strategic plans. In my essay, I will list key explanations of concepts at first. Next, I will present my opinion on this statement and explain the reasons why I agree and disagree with this statement. Moreover, I will use some real life example to argue my view. 2.0 Key explanations of concepts: According to Bartol et. al. (2001, p.185), strategic plan is that people design some more particular processes in order to achieve strategic goals. As top management should developed the strategic plans after consulting with the board of directors and middle management , usually it will take a long time horizons about three to five years or more into the future (Bartol, Tein, Matthews & Martin, 2001, p.185). Bartol et. al.(2001) also mentioned that the organizational strategic plans often involved in the mission and goals because these is the basic of action steps. Time horizons for the strategic plans are something like the efficiency of the strategic plans in the specific period of time (Bartol et. al., 2001, p.188). Doblin (1997), President of MAPS, noted that time horizons are concept that refers to the length of time that people consider relevant to their particular decision-making processes.
|