By 1914, then, the three nations of the Triple Alliance-Germany, Austria-Hungary, and Italy-stood against the three nations of the Triple Entente-France, Russia, and Great Britain. The spark that would set off a fire of war was about to ignite.y 1914, then, the three nations of the Triple Alliance-Germany, Austria-Hungary, and Italy-stood against the three nations of the Triple Entente-France, Russia, and Great Britain. The spark that would set off a fire of war was about to ignite.
Flexibility â The importance of planning increases in an organization where stability has not been observed. These are typical traits of a newly formed organization, or an organization which is trying to rebuild itself. These organizations do not have a standard strategy.
Consistent with the importance of strategic management is the importance of staying informed on demographic, cultural, and political changes that affect a corporationâs business around the world. In the brief interview below, a management consultant explains how corporate strategy should reflect changes in the worldâs demographic composition.