Strategic planning, which often involves looking three to five years into the future, is critical if an organization is to take advantage of opportunities when they arise.
While the five management functions continue to be as important as ever, sweeping changes in the business environment threaten many of the basic assumptions and practices that have characterized management over the years.
In searching for a pool of qualified applicants from which to fill a position, companies use a number of different sources, from employment agencies to educational and local community organizations, to their own employee base.