Increasing Cross Functional Planning For Success - 963 Words

Increasing Cross-Functional Planning for Success The education industry is ripe for disruption. Private equity funding is surging into the education market (Bryant Sarakatsannis, 2015). In order for a large multinational education company to both disrupt itself, and fend off disruptive technologies within the education market, the company must increase the leadership teams abilities to collaboratively plan and adjust to market changes. The company has used agile development practices for many years, and began strategic planning in an agile fashion for the technology divisions. To be able to respond to disruptive market forces, the company should embrace strategic agile planning across their traditional publishing arm as it merges with technology development (Parker, 2012). This proposal for senior leadership includes an overview of the organization with a discussion on current challenges in cross-functional strategic planning, and operational execution, given the current business and internal climate, an overview of four leade rship theories which provide specific perspectives in helping senior leadership in solving cross-functional planning challenges, with a recommended action plan aligned with the organization mission, vision, ethics and globally diverse workforce. The large education company is similar to other large multinationals in serving markets in both the developed and developing world. Global demographic shifts point to increased K – 20 aged people inShow MoreRelatedWhat Is Strategic Management1189 Words   |  5 PagesManagement can be defined as the art and science of formulating, implementing, and evaluating cross-functional decision that enables an organization to achieve its objectives. 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