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Strategic Management - Essay Example
Pages 13 (3263 words)
Name Professor Course Date Strategic Management Question One Part One (Boiled Frog Phenomenon) The presentation based on the principle discusses the notion that is based on the desire of a frog placed within boiling water to jump out in search of solace. The provision had been placed to include the incentive of the live frog to escape the danger, and seek better terms that would be considered favourable in the survival provision…
However, a different extension is noticed when the water is placed to heat gradually when the frog may fail to realize the changes in temperature and be boiled to death. The inference developed in the aspect explains that there is the need to identify leading threats to the sustenance of progress at an earlier stage, when the adjustments can be offered as compared to finding solutions to the problem when its impacts have been felt. Moreover, the advice is offered that the reaction level and sensitivity should be based on identifying minimal changes that may accumulate to lead to threats (David 34). In business, the relation is accorded to organizations that fail to recognize threats to their missions at earlier stages and only articulate solutions to already recurrent problems. Most businesses focus on delivering satisfaction to the consumers failing to focus on the competitors who are the chief threats to their sustenance in the market. The relation of consumers and competitors is indicated in the failure for buyers to maintain loyalty in the case that the competitor holds better service than the organization. Early planning eradicates the problem and creates better businesses based on the desire to meet expectations in goal achievement (Polynice). ...