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What are the consequences of using flawed evidence in decision making and strategic planning process?
The consequences of using flawed evidence in decision-making and strategic planning is often driven by funding. Using incorrect information can lead to failure of the strategic planning, this can cause problems and delays in funding to the entire organization's project and at times the strategic plan will not be fully supported by the financial plan and the balance sheet changes and the mission will need to be adjusted.
References:
For example, Flawed data is the downfall of any organization's strategic planning and that is why it is so vital that the data used is accurate and not bias in any manner. Do you think organizations have to pay more for none bias data?
Niles, N. (2010). A case study in strategic financial planning in health service organizations. Journal of Business Case Studies. Volume 6, Number 5.
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