Formulating a strategic plan for an organization is an essential part of assisting leadership in developing a vision for the future of the business. Strategic planning should expand a business’s potential for sustainable development and growth. In Part II, provide detailed insight into the key strategic planning drivers in the following case: The company is a mid-size corporation headquartered in the United States manufacturing a 12- line product distributed globally. The company has subsidiaries in four heavily populated international locations. 1. Identify and briefly explain four actions that top executives can take in directing organizational strategic plans for building capabilities behind the drive for good strategy execution to meet and exceed performance targets. Under what circumstances might your diversified firm choose to divest one or more of its products (exit strategy)? 2. What role may corporate social responsibility play in your strategic decision-making?
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