Strategic analysis of the external environment

The starting point from which we began our research was that many companies around the world could not predict and adapt to the new changes taking place in the environment (closure due to the corona virus pandemic, war in Ukraine, sanctions against Russia). Through strategic analysis, companies were...

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Main Author: Gogić Nemanja
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2022-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202028G.pdf
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author Gogić Nemanja
author_facet Gogić Nemanja
author_sort Gogić Nemanja
collection DOAJ
description The starting point from which we began our research was that many companies around the world could not predict and adapt to the new changes taking place in the environment (closure due to the corona virus pandemic, war in Ukraine, sanctions against Russia). Through strategic analysis, companies were able to gather information about planned scenarios and based on them, quality decisions could be made. The goal of the research is to point out the importance of strategic analysis, as an important phase in strategic planning, in order to avoid or mitigate all threats that have arisen in the external environment. The paper will present methods and techniques, with which management will collect data, all with the aim of making timely decisions. The methods we used for the work are: analysis and synthesis. The results of the research show us that if companies master these methods and techniques of strategic management on the one hand and have quality management on the other hand, they can largely predict the emergence of potential threats from the external environment. To avoid crisis situations, it is necessary for every company to incorporate crisis management within its organization.
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institution Kabale University
issn 2334-816X
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language English
publishDate 2022-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-7324fff77eac45cc87c346aa306bb2f42025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562022-01-01102284410.5937/trendpos2202028G2334-816X2202028GStrategic analysis of the external environmentGogić Nemanja0Elektroprivreda Srbije, Beograd, SerbiaThe starting point from which we began our research was that many companies around the world could not predict and adapt to the new changes taking place in the environment (closure due to the corona virus pandemic, war in Ukraine, sanctions against Russia). Through strategic analysis, companies were able to gather information about planned scenarios and based on them, quality decisions could be made. The goal of the research is to point out the importance of strategic analysis, as an important phase in strategic planning, in order to avoid or mitigate all threats that have arisen in the external environment. The paper will present methods and techniques, with which management will collect data, all with the aim of making timely decisions. The methods we used for the work are: analysis and synthesis. The results of the research show us that if companies master these methods and techniques of strategic management on the one hand and have quality management on the other hand, they can largely predict the emergence of potential threats from the external environment. To avoid crisis situations, it is necessary for every company to incorporate crisis management within its organization.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202028G.pdfstrategic analysismethods and techniquesexternal environmentdecisions
spellingShingle Gogić Nemanja
Strategic analysis of the external environment
Trendovi u Poslovanju
strategic analysis
methods and techniques
external environment
decisions
title Strategic analysis of the external environment
title_full Strategic analysis of the external environment
title_fullStr Strategic analysis of the external environment
title_full_unstemmed Strategic analysis of the external environment
title_short Strategic analysis of the external environment
title_sort strategic analysis of the external environment
topic strategic analysis
methods and techniques
external environment
decisions
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202028G.pdf
work_keys_str_mv AT gogicnemanja strategicanalysisoftheexternalenvironment