What Is Strategic Planning Essays

Found 240628 essays.

The Kite Runner Essay

The organization that does not have a strategic plan will not be able to make a future for their organization.Fixing a strategic plan is sometimes more difficult than actually rolling one out to your organization.The only problem with having a failing strategic plan is the fact that it could have been a good plan if all the members of the organization bought into it.The plan has to have an outcome that leads the organization into the future (my strategic plan.Researched the difference between routine planning and strategic plan.

587 words (1.5 pages)
Planning Function of Management

But usually, a change in the strategic plan affects the tactical plans of most of the business divisions and so on, since those tactical plans had been developed in the light of the strategic plans.Strategic planning will tell WHAT is to be achieved.That’s why, a change in strategic plan affects the later levels of planning.Planning is done at three levels, strategic, tactical and operational.The integration and the alignment of the strategic plan to the tactical plan and that of the tactical plan to the operational plan must be ensured in order to achieve the long term vision of the organization as portrayed in the strategic plan.

1153 words (2.9 pages)
Strategic Management Essay

Strategic management hinges upon answering three key questions: .Strategic management is more of a state-of-mind than a rigid process.Strategic management seeks to coordinate and integrate the activities of the various functional areas of a business in order to achieve long-term organizational objectives.A strategic plan is a “living” document that changes as your goals and resources evolve.Strategic planning is used to identify and assess alternative business strategies.

433 words (1.1 pages)
Course : Thematic Independent Study

In order to gain a thorough understanding of the topic the study will identify how strategic planning will help a management team understand exactly what strategic planning is, how to plan strategically and how to ensure that strategic planning is implemented in your organisation.According to Oslen E, 2007 there are several different components of strategic planning that needs to be explained to your planning team.The importance of this topic is to identify how strategic planning is important not only for the survival or growth of an organisation but also on how it can help the organisation lead to having a competitive advantage over the competitors that choose not to follow a process for strategic planning.According to the authors Boddy...

4547 words (11.4 pages)
Strategic Plans

Following D. Mihelich the strategic architecture and the strategic plan can be described as “vision of an input” or “a general direction for a firm to follow” (Mihelich, 2004 a).In addition, the strategic plan cannot determine the optimum combination of manpower and costs to meet future organizational objectives.The strategic plan cannot be detailed because it plays a leverage role helping organizations to foresee opportunities and threats (Hamel, Prahalad, 1996, p. 163).The strategic plan involves deciding upon how resources will be used to help the organization achieve its strategic goals.The strategic plan makes management think ahead and give a singleness of purpose to planning by concentrating attention on the future.

909 words (2.3 pages)
Functional Areas of Business Essay

If the organization needs to relook at the strategic plan, it will need to start at the beginning and follow the steps once again.Developing a strategic plan involves several steps: developing a clear understanding of opportunities and challenges, assessment of the organization’s strengths and limitations, an inclusive approach, a planning committee, involvement, sharing responsibility, learning from the best practices, clear priorities and plan, patience, and a commitment to change (Mittenthal, 2002).First, because the role is acting as a Human Resources Manager, the role in the Human Resources Management area would be recruiting, interviewing, hiring, consulting, strategic planning, and any other tasks that may be presented.These two a...

1032 words (2.6 pages)
Strategic Planning Report

Mr. Janowski, in conclusion I look forward to helping you learn to use the strategic planning tool to empower your organization to become more successful as you go into the future.After information about the environment has been assessed, target opportunities can be identified for the strategic plan.Through using exercises such as scenario planning, the individuals forming a strategic plan are forced to look not only at the organization in its historical and traditional roles, but also at the role it will have in a changing environment.By focusing on environmental factors using macro environmental analysis or trends assessment, it is possible to understand, anticipate, and respond to external and internal changes as a part of the strateg...

1494 words (3.7 pages)
Essay on Strategic Management : Strategic And Management

We can see that not having a strategic management can affect the company’s performance and can hurt their profitability.We will examine strategic management, what the benefits and problems are when utilizing strategic management, and how to implement strategic management in the company.This gives managers a strategic awareness and value of the company when strategic management is implemented.Companies need to ensure that they utilize the strategic planning process.To implement a strategic plan the manager must decide what needs to be done, how it should be accomplished, delegate the tasks that need to be completed, and monitor the results of the project.

448 words (1.1 pages)
Strategic Human Resource Management and Emerging Issues Essay

Week 2 DQ 1: Why is organizational self-assessment critical to the strategic planning process?Strategic Plan Overview .HRM 498 Week 4 LT Assignment; Strategic HRM Plan Part III; Evaluation and Assessment Memo (PepsiCo) .Provide an outline of major components in your strategic plan.Justify why they were important for your strategic HRM planning process.

1015 words (2.5 pages)
Decision Making, Planning, and Strategic Planning

The article after this covers also what makes a strategic plan successful and how some CIOs develop strategic plans.On the article, which focuses on the strategic planning from the Information Systems department’s (IS) point of view, shows us how little importance was given to strategic planning when need for new technology implementation arrived.You can use strategic planning to involve employees in all areas of your business, so they share your goals.But, before we get into the article lets get a quick idea of why we should even think about getting into strategic planning.In most cases, small businesses find themselves competing with much larger companies — ones that know the benefits of strategic planning and practice it.

857 words (2.1 pages)
Communication in Strategic Planning

Face to face communication or a staff meeting to notify then if an incoming e-mail on the strategic plan implemented requiring feedback.Communication in the strategic program planning process must cover the strengths and weakness analysis, and the objectives of the organization.It is important to collaborate the strategic plan with upper, middle and front line management.In order to have an effective and efficient strategic plan one must first select a strategic leader to help decide what their mission and vision will be.This would take a motivated leader to be able to convey the importance of the strategic plan and how it relates to them and their working environment.

1026 words (2.6 pages)
Importance of Strategic Planning and Management

Strategic demands the owner’s own thoughts and ideas and owners must make it as a major concern.The major activities of the strategic planning process include strategic analysis; setting strategic direction; and action planning.Most big businesses have used strategic planning when they were still new and small businesses.The strategic planning process is organization-wide, or it can be focused on a major function.The four functions of management in relation to the creation and implementation of an organization’s strategic plan are as follows: planning, organizing, leading, and controlling.

849 words (2.1 pages)
The Nature Of Strategic Management

Answer: A strategic plan is, in essence, a company’s game plan.← Using strategic planning to gain control over decisions and resources ← Doing strategic planning only to satisfy accreditation or regulatory requirements ← Too hastily moving from mission development to strategy formulation ← Failing to communicate the plan to employees, who continue working in the dark ← Top managers making many intuitive decisions that conflict with the formal plan ← Top managers not actively supporting the strategic-planning process ← Failing to use plans as a standard for measuring performance ← Delegating planning to a “planner” rather than involving all managers ← Failing to involve key employees in all phases of planning ← Failing to create a collabo...

5787 words (14.5 pages)
Strategic Planning in Educational Organizations Essay

Making strategic planning work.In some cases, strategic planning tries to define organization’s direction and plan for the future.Strategic planning for educators.Since strategic planning involves inclusion of all stakeholders, and given the gap between these groups of individuals in school setting, implementing strategic plan is quite involving.Strategic planning during tough times.

2292 words (5.7 pages)
Mintzberg – the Fall and Rise of Strategic Planning Essay

By redefining the planner’s job, companies will acknowledge the difference between planning and strategic thinking.But even now, few people fully understand the reason: strategic planning is not strategic thinking.Indeed, strategic planning often spoils strategic thinking, causing managers to confuse real vision with the manipulation of numbers.The label “strategic planning” has been applied to all kinds of activities, such as going off to an informal retreat in the mountains to talk about strategy.When companies understand the difference between planning and strategic thinking, they can get back to what the strategy-­?

566 words (1.4 pages)
Strategy development processes – summary Essay

1 Strategic leadership: the role of vision and command An organisation’s strategy may be influenced by strategic leaders: whose personality, position or reputation gives them dominance over the strategy development process.Typically four are emphasised: Formulating Learning Co-ordinating Communicating There are five main dangers in the way in which formal systems of strategic planning have been employed: Confusing strategy with the strategic plan .This may be the result of strategic leadership, strategic planning or sometimes the external imposition of strategy deliberately formulated elsewhere.2 Strategic planning systems In a study of strategic planning systems of major oil companies, Rob Grant noted the following stages in the cycle...

2221 words (5.6 pages)
Factors Influencing Formulation Of Strategic Plans Management Essay

The ministry’s strategic plan aforementioned is silent on efforts the government is taking to encourage secondary schools in the country to formulate strategic plans.Keywords: Formulation of Strategic Plan, Employee Motivation, Availability of Funds, Support by Top School Leadership, Government Policy and Employee Know how .. A strategic plan is a set of processes undertaken in order to develop a range of strategies that will contribute to achieving the organizational direction (Tapinos, et al., 2005).This calls for preparation of a national education strategic plan upon which schools should base their strategic plans.The study revealed that there was a significant relationship between the availability of funds and formulation of school...

4645 words (11.6 pages)
The Strategic Planning Process

The focus of a strategic plan is usually on the entire organization.When a strategic plan is completed, it is important that there be ways to evaluate the results to help improve future plans.The Idaho Hospital Association will elevate its strategic planning process through the use of Web-based tools, including dashboards, scorecards, and automated email notifications and alerts.Example of the Strategic Planning Process .The final phase of the strategic planning process is the creation of the organizational portfolio plan (Peter & Donnelly, 2011).

1249 words (3.1 pages)
Strategic Focus For Performance Exellence

Strategic planning .Strategic objectives .12.A firm’s _____ guides the development of strategies by different groups within the firm, establishes the context within which daily operating decisions are made, and sets limits on available strategic options._____ leaders ensure that action plans are deployed throughout the organization so that essential tasks and projects may be accomplished in support of the strategic vision.21._____ represents the critical stage in planning when strategic objectives and goals are made specific so that effective, organization-wide understanding and deployment are possible.

1770 words (4.4 pages)
Mission And Vision Statements Commerce Essay

Finalize a written strategic plan that summarizes the results and decisions of the strategic planning process.In some strategic planning efforts, a vision for the organization is developed after a vision for the community has been.Strategic planning: a Ten-Step Guide [Online] .Tactical decisions can also be made according to the strategic framework, underpinned by the strategic priorities.Set up a strategic planning committee and choose .

1829 words (4.6 pages)
Importance of Strategic Planning Essay

Its size is what makes strategic planning so important because it means growth from small to a thriving international corporation.Strategic management also enhances or protects the company’s interests and defines the way a company wants to expand or focus.He or she must also consider outside socio-cultural factors and inside factors, including management style and workforce (Strategic Planning, 2007).How to Define Strategic Management.Strategic management is a process of evaluating a company’s mission, establishing the company’s design, developing the company’s organization and relationships, and guiding the company’s plan to execution to ensure that the management is consistent with the company’s strategy.

999 words (2.5 pages)
Skills Required to Achieve Strategic Goals

to achieve the strategic goal a strategic manager has a responsibility to handle his or her staff in a very efficient way and to handle the staff a he or she must have proper leadership skills.when achieving strategic goal there will be a number of problems with regard it hence having a better problem solving skills for a strategic manager is vital.This is a very important skill 4 a strategic manager because to achieve strategic goals a person should be creative unless it is not easy to achieve such goal.Generally companies appoint a strategic manager to carry out the various activity analyses needed in order to take most accurate and suitable decision making and make more appropriate decisions regarding the direction of the organisation...

1716 words (4.3 pages)
Review the Issues Involved in Strategic Planning Essay

In summary the key issues in strategic planning are: Not being clear about the planning ‘need’ .Recent surveys show that where companies use a good formal process, satisfaction with strategic planning is higher.Strategic planning should prepare executives to face the strategic uncertainties ahead, and serve as the focal point for creative thinking about the company or the brand’s vision and direction.Not being aware of the issues and constraints that will affect the planning process and output Approach too sophisticated or not appropriate to deliver the required answers The financial forecast is all that matters, with the thinking behind those forecasts being ignored or not challenged/considered Process not challenging people to think ...

1825 words (4.6 pages)
Strategic Management Of Non Profit Organizations

The strategic management and strategic planning for all organization is basic the model and methods used for the applications of profit making and nonprofit making varies from organization to organization for e.g.The strategic planning of the government hospital that is having outlook of it, as how it is been planning and what the threats and weakness of this organization and how it is handle ..The nonprofit organization was introduce by brain w Barry as he was the first person to give idea about strategic planning in nonprofit organization as every organization has to carry the strategic planning do for NPO it is also the most mainly the NPO are small scale and they have some services or aid giving or providing objective ... “The on-go...

2897 words (7.2 pages)
Steps in Strategic Planning

The Planning Committee should agree on no more than five to ten critical issues around which to organize the strategic plan.This is also the time to consult with senior staff to determine whether the document can be translated into operating plans (the subsequent detailed action plans for accomplishing the goals proposed by the strategic plan) and to ensure that the plan answers key questions about priorities and directions in sufficient detail to serve as a guide... Like much of strategic planning, creating a vision begins with and relies heavily on intuition and dreaming.The vision may evolve throughout a strategic planning process.Usually one member of the Planning Committee, the executive director, or even a planning consultant will...

2345 words (5.9 pages)
The Most Effective CIOs strategy for Strategic IT Planning Essay

According to Gordon, M. (2002), “strategic planning is about success in the marketplace”  Facts are saying that it is difficult for most of CIOs to have an environment where: (1) IT is extremely aligned with business, (2) CIOs have time and freedom to look to the big picture and (3) leaders and stakeholders completely understand the value of IT as a strategic weapon.After realizing the new extended role of CIOs and the need for strategic planning for IT, it’s time to have an idea about CIOs best practices in IT strategic planning.This section analyzes the current situation by giving an idea about the new role of CIOs, the need for strategic planning for IT, and finally what are the best practices or effective strategies that successful C...

1652 words (4.1 pages)
Case Study Of Levi Strauss

Further, it has evaluated the strategic elements of an operational plan, stakeholder analysis, setting communication strategy.So that Levi’s new strategic plan will be resulted to improve their expectations... Abraham, S. C. (2006), Strategic Planning: a practical guide for competitive success, 1 st ed., Emerald Group Publishers, pp.According to this chapter, it is trying to understand the organisational strategic plans while concerning the processes of developing strategic elements of an organisational plan along with the assessment of the strategic elements and evaluation of organisation plan for future direction.This assignment is emphasis to understand the organisational strategic plans while assessing process of developing strategi...

4142 words (10.4 pages)
Planning and Strategic Management Essay

Levels of Strategy: Some key Distinctions Corporate-level strategy: Strategy formulated by top management to oversee the interests and operations of ultiline corporations.Operational Plans – Plans that contain details for carrying out, or implementing, those strategic plans in day-to-day activities.Dan Schendel and Charles Hofer have suggested four key aspects of Strategic Management- 1) Goal Setting 2) Strategy Formulation 3) Administration 4) Strategic Control The Strategic Management process Strategic Planning – includes both the goal-setting and strategy-formulation processes.for attaining objectives The process of seeking key ideas ( rather than routinely implementing existing policy); and How strategy is formulated, not Just what t...

375 words (0.9 pages)
Foundations of Planning in Management Essay

Contingency planning is development of alternative plans for use in the event that environmental condition evolve differently than anticipated, rendering original plans unwise or unfeasible.One barrier is a rapidly changing environment,- makes planning more difficult because plans must be altered frequently.Strategic Planning Strategic Planning Making decisions about the long-term goals and strategies of an organization Strategic Goals Major targets or end results that relate to the longterm survival, value, and growth of the organization Strategy A pattern of actions and resource allocations designed to achieve the goals of the organization The Budgeting Process Management objectives for the organizations.View among some managers that p...

564 words (1.4 pages)
Business Essays – MBA Strategic Planning

These basic elements are the foundation of a strategic business plan.To the CEO I would answer this question by saying: Strategic business planning will require a certain amount of change within the organization and with change there will also be a certain amount of resistance.As I mentioned previously performance of the business units and the corporation will be measured using indicators defined in the strategic planning process by using planning tools such as the Balance Scorecard and a Gap Analysis.The strategic plan will be revisited at prescribed intervals employing continuous improvement to advance the vision and mission of the company.This data is crucial to short term aggregate planning for the business units and long term strate...

2023 words (5.1 pages)

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