Planning and strategy more important in periods of uncertainty and changeExplain what management tools managers can use to help them respond to change in the current and challenging financial and pol?

In periods of uncertainty and change, managers can utilize various strategic planning tools such as SWOT analysis to assess strengths, weaknesses, opportunities, and threats, and scenario planning to anticipate potential future developments. Additionally, implementing balanced scorecards can help align organizational objectives with changing market dynamics, while agile project management methodologies enable quick adaptation to shifts in financial and political landscapes. These tools empower managers to make informed decisions and pivot strategies effectively in response to evolving challenges.