What is an example from your own work experience or researc

• What is an example from your own work experience or research of how it would have benefited where a company underachieved in a past initiative, product launch, or business plan

Solution

Patanjali an Ayurvedic Company   entered in the market with its FMCG products “Maggie” and claim to be 100% natural and pure, soon after the failure of ban on the Nestle product “Maggie” previous year due to presence of lead in it. Soon after the launch the company went through underachieved product launch and business plans. This is because of the main reason of call for complex strategies which was relevant at the time of launch and after the restore of “Maggie “and changes in business environment, the strategy losses it validity.

Here, in this situation the “Double loop learning theory” would have been effective; as this learning creates a change in people’s expectations and theories about cause-and-effect relationships. The leaders might have used “Double-loop learning” for alteration of their goals and decision-making rules based on the market demand, change in environment and in the light of experience. They would have come up with differentiating   features to sustain and develop in the market.