Enterprises that are providing products or services that are critical to the economic system of a nation are potential targets of extremists.
For instance, technological risks abound as even enterprise software are prone to obsolescence and disruptive innovations.
Thus, variety and flexibility work to the advantage of a strategically adaptive or agile enterprise as PESTLE conditions change.
In a sense, variety and flexibility in a standard ERP implementation will still manifest in many ways such as "workarounds, shadow systems, various forms of unintended improvisations, and organizational 'drift'" as the knowledge workers in the enterprise adapt to the realities of daily activities.
These enable the firm to cope with the actions of its competitors, demands of its consumers or clients, nature of its operating environments, effects of government regulations in the places where it does business, or opportunities that are available among other factors.
[6] Enterprise strategy can also refer to the mix of structured actions that address the political, economic, social, technological, legal and environmental factors that affect a business or firm.
[9] Thus, PESTLE factors lead to strategy formation that will enable the enterprise to adapt to changing conditions.
Meanwhile, the strategies that have been formed from the analytical framework processes of evaluating an enterprise's condition will lead to detailed plans which could be part of a firm's manual of operations or projects portfolio thrusts for funding and execution across the units or geographic coverage of the enterprise.
Executive management takes into account that the enterprise has knowledge workers that are experts in their respective fields.
The Management Board approves the proposed strategic direction under certain financial constraints such as expected returns on investment or equity.
[13][14] Enterprise group planning will usually manifest in regular board of directors' or management committee' meetings with varying frequencies such as monthly, quarterly or annually.
With improvements in telecommunications, enterprise group planning can be conducted through video conferencing where participants may be dispersed geographically.
However, video conferencing still appears to be an inadequate substitute when warm, interpersonal relations are part of the firm's culture.
Yet for fast-paced events like natural disasters or a meltdown of the financial markets that require immediate action from the enterprise, video conferencing might be the only option.
Enterprise transition plans will generally refer to change management-related actions in the case of mergers or in the implementation of an enterprise-wide project.