SOLUTION: Sofia Strategic Planning in a Transformational Organization Research Paper

Attached. Please let me know if you have any questions or need revisions.Hi,REQUEST FOR DEADLINE EXTENSIONThis is to request for a 24 – hour deadline extension for this assignment. The reason for asking fordeadline extension is the current low network connectivity that is being experienced in my region.The work is proceeding well though and there is no course of an alarm. Thanks for your goodunderstanding. Sorry for any inconvenience caused.Kind RegardsAtika02Hi,REQUEST FOR DEADLINE EXTENSIONThis is to request for a 24 – hour deadline extension for this assignment. The reason for asking fordeadline extension is the current low network connectivity that is being experienced in my region.The work is proceeding well though and there is no course of an alarm. Thanks for your goodunderstanding. Sorry for any inconvenience caused.Kind RegardsAtika02Attached. Please let me know if you have any questions or need revisions.1Strategic Planning in a Transformational organizationStudent’s nameInstitutional affiliationCourse nameProfessor’s nameDate2Strategic Planning in a Transformational organizationIntroductionThe main goal of any firm is to make profits. With this being the goal to all thecompetitors, these firms have come up with ways to gain more customers and increase theirreturn on investment. This has called for firms to make difficult and huge decisions over time.Big firms are acquiring smaller firms while others are merging to meet their goal of increasingtheir returns. These decisions are not made overnight as planning and projections are made inadvance. Strategic planning for transformation is a plan that has the personnel, techniques andtechnological stand of the firm in it. This paper looks into how strategic planning in a firm is ableto transform a business successfully without stopping the daily running of the firm andmaintaining their customers during and after the transformation.Impacts of a Business transformationA business transformation will have it’s first impact on management policy. That is themain reason that the first part of this plan is to show how the personnel is going to be affected byany transformation. The employees should be the first to be included in this transformation. Thestaff of an organization is codependent. This is why the support staff is also included in the pretransformation. The drivers and the security personnel should be on board during this process.An enterprise’s day-to-day activities are what keep the firm going. Customers andsuppliers are the purpose of having a business. As much as they are willing to get on board withthe transformation, they may find it more difficult than expected. In 2012, Danish Oil andNatural Gas had a financial crisis and had its credit rating below zero. (Scott, 2019) Theytransformed their management system by having a new CEO during their financial crisis. He3went ahead and made the biggest transformation by changing the gas company to a green energycompany. Such a transformation affected the processes of the business’s day-to-day activities.This is because this particular transformation was transforming the firm to a different targetcustomer.Transformation on a small firm is more complex than in a large on…

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