Stability-Based Strategy

The video discusses stability-based strategies as a type of organizational level strategy aimed at maintaining a stable environment for operations. It highlights the importance of continuing current operations when conditions are favorable, maximizing profits for flexibility, and employing cautionary measures to manage risks. These strategies help organizations achieve their mission and vision while being perceived positively by stakeholders.

What is an organizational level strategy and how does it affect the market?

Describe the main focus of a stability based strategy.

How does maximizing profits contribute to a stability based strategy?

What are some cautionary approaches included in stability based strategies?

Explain the relationship between stability based strategies and organizational level strategy.