Are there any disadvantages for the organization if it fails to think about long-term strategy?

Summarize the initiative and provide your views on the effectiveness of this initiative and how it can be improved.
November 27, 2018
What are the eligibility requirements for Medicaid in your state?
November 28, 2018

Are there any disadvantages for the organization if it fails to think about long-term strategy?

Are there any disadvantages for the organization if it fails to think about long-term strategy?

During the first year or two of its existence, what reasons are there for a small-town nursing home to engage in any sort of strategic planning? This is a time when the venture’s resources are stretched to the limit and all its attention is focused on reaching bed capacity with admitting new residents. Are there any disadvantages for the organization if it fails to think about long-term strategy? Explain why.