Page 14 - MS Year in Review 2020
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develop competitive advantages vis a vis competition even during a turbulent

           period of economic stress.



           TOWARDS AN APPROPRIATE RESPONSE


           METHODOLOGY FOR THE CURRENT CRISIS


           In this article, we propose the application of a method of Strategic Planning using
                                                                                  4
           the “Pyramid of Organizational Development”™ framework  as a lens or tool for
           increasing the companies’ adaptive capabilities and producing agile responses for

           the period of economic recovery, that will inevitably follow after the COVID – 19
           epidemic. The “Pyramid of Organizational Development”™ framework is described

           below.



           The Pyramid of Organizational Development™

           The Pyramid of Organizational Development™ identifies six factors that research
           has shown to be the key drivers of financial performance and long-term

           organizational success:

                 Identification and definition of a viable market to serve (i.e., set of
                  customers).

                 Development of products and/or services appropriate to the organization’s

                  chosen market.

                 Acquisition and/or development of resources required for current and
                  anticipated future operations (including people, equipment, facilities, and
                  financial resources).


                 Development of the operational systems necessary for the organization to
                  function on a day-to-day basis.



           4  For a full discussion of the Pyramid of organizational development framework, see: (English) Eric
           Flamholtz and Yvonne Randle. Growing Pains: Building sustainably Successful organizations, Wiley,
           2016, and (Bulgarian) Ерик Фламхолц и Ивон Рандъл. Болки на растежа. Изграждане на
           устойчиво успешни организации, ИК МаК, 2017.

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