Business Finance Homework Help

What Is the Theoretical Foundation for the Plan?

After many discussions and a few assignments where you have directly engaged the strategic planning process, you are now ready to inspect the various theories on which strategic planning, or planning, depend. Vojelij (2015) offers a debate about planning theory versus planning practice in your readings for this unit. Consider this challenge as you identify the theoretical basis for your strategic planning process.

In your readings of Yarger (2006) and Anderson (2004), you can see there are various perspectives on theory. One set of theories undergird big strategies that government leaders use to assess trends, ideas, concepts, and threats that may confront a government like the United States. While your plan may not operate at this level, it is useful to understand that there are different theories for strategic planning affected by the scope of the organization. The Anderson reading takes a more commonly used perspective of change theory applied in the community-based context.

Focus on Section 3 (pages 10–15) of Anderson and “A Theory Stated: Strategic Logic” (pages 5–16) of the Yarger reading. State what you consider to be the theory on which you base your plan. (Simply discuss this in your own words.)