Strategic Hr Beginning Implementation Stages O Resource Based Models Strategic Planning Pr Q34267673

Strategic HR:

what are the beginning implementation stages of I/O andresource-based models of strategic planning processes?

Expert Answer

I/O based modelof Strategic Planning Process

The Industrial Organization (I/O) model is based on the viewthat the strategic actions of any business organization areinfluenced heavily by external factors. The externals factors canbe varied from political policies to competition. Even the choicesmade by other organizations in the same industry have an impact onthe strategy of any business organization, according to I/Obased-model. This basically means that the choices of others havemore influence than the decision taken by management of anyorganization. This model focus on opportunities and threats