Organization Development- see description for topics Annotated Bibliography

Organization Development- see description for topics - Annotated Bibliography Example Companies must consider their interest, value, to the customer, and geographic scope before formulating their strategies. In his article, Lorenzen argues that with the increased demand for information technology especially during research, academic institutions should adopt strategic planning in their departments including libraries. This article indicates that for any organization to put in place effective strategies, it must undertake an analysis of the environment under which it operates. This can be done by the use of various frameworks such as SWOT, PESTEL, and Porters five among others. In this article, Priyanka Sangani indicates that companies in the modern times should ensure that employees take charge in strategic planning. This is not only a way of creating strong bond within an organization, but it also makes the workers to feel motivated. In this article, Arshdeep Sehgal covers the various strategies that Chief Financial Officers globally have adopted as the result of recent economic downturn worldwide. Notably, most of the CFOs spend most of their time in strategic planning as compared to the past years. This article defines strategic planning by the use of two myths. First myth according to the author is that strategic planning covers issues like SWOT analysis, value chain analysis, and competitive positioning among others. The second myth indicates that it entails making bold and risky bets by the use of available resources and opportunities. This article covers the eight-step change model that John Kotter, a renowned change expert established including creating urgency, forming a powerful coalition, creating a vision for change, communicating the vision, eliminating the obstacles, creation of short term wins, building on the change and adopting the change in the corporate culture. In this article, Kotter indicates that for an organization to experience a