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Strategic Management - Essay Example

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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…
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Strategic Management
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"Strategic Management"

Download file to see previous pages 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). The boiled frog scenario is included to depict the situation where the affected organization failed to identify the problem in due time, and make the adjustments needed in saving the business. The example is included in the failure of the dotcom businesses in failing to acknowledge the shrinking markets (Majumdar). This move would witness these companies fail to achieve their motive and yield failure with improper measures to curb threats to the goal achievement. The retail company had established the dominance within the market as the preference among the consumers. This led to the employment of added employee number in the workforce and developed the ideology of marketing using the top selling brands. The majority of the focus had been based on marketing the top lines, neglecting the other products. The operations of retail failed to be affected until the slowdown when the management realized the mistakes ad challenges offered. The solution that had been offered by management to satisfy the employees had been through asking them to pick groceries from stores instead of their salary. The solution failed since the stock had been empty since the suppliers failed to deliver products with their problems in payment. The employees eventually lost their positions in the company and the eminent closure followed. The business could have solved the problem trough providing the focus needed in developing all product lines in the store, and maximizing on the available stock rather than focus on the leading products. This is the case where the frog could have identified the dangers of the slowly boiling water and jumped out to avoid the eminent murder. Comment to Post The post confirms the boiled frog theory and offers the example in September 11 attacks, that saw the U.S. government challenged for the failure of offering solution to the terrorism threat. This saw the repercussions in a massive attack that saw the demise of hundreds of citizens who depended on their government for security. The post assures that without the proper preparations to predict dangers, the result would ...Download file to see next pagesRead More
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