Prescriptive & Emergent Strategies Essay Example | Topics and Well Written Essays - 2250 words

Prescriptive & Emergent Strategies - endeavor ExampleCompanies in the current corporate world need to develop strategies which comprise series of decisions and plans true focusing on achieving the company goals and objectives. All forms of organizations require strategic plan to ensure that they achieve the align objectives whether they are small or large. Strategic management is a core aspect of an organization and comprises of unhomogeneous approaches adopted in various companies. Therefore to evaluate a strategic plan of a wedded company, it is important to acknowledge and explore other available alternatives. It is notable that prescriptive and emergent strategic think strategies are popular and nighly used in various companies. These two strategies go genius to head in much argument and it is important for companies to evaluate their relevance and effectiveness given scotch humor that the specific company is operating (Analoui 2003). In the context of the current econo mic climate the one that volition ensure that the organization attain its long-term and short-term objectives shall emerge to being on top.The current economic climateIt is notable that the current economic climate in close to countries in the world is precise much turbulent. This has become a key determinant in regard to strategic planning of most organizations and companies. According to Charles Hill (2009) he asserts that in UK and USA and many other countries it is notable that they are forth of economic crisis and recession, there is much fear that the economic situation may return to recession (Hill 2009). The most affected companies are the retail companies which have opened stores in many countries.