Accounting for Strategic Planning with a Multi-Fold Process
My vision for a nonprofit would revolve around empowering youth to exceed in life by teaching music production. The concept is relatively simple. I would utilize funding to procure both office space and equipment for the most relevant music production equipment available today. Such equipment typically consists of laptops, MIDI keyboards, microphones, and software programs. Then, I would offer after school training in music production for those in high school. In order to enroll in these classes, however, students must maintain a certain grade point average. Thus, tutoring in formal academic classes is an integral component of this nonprofit as well. The mission statement for the organization is: Teaching children to succeed in music and in life.
Strategic planning could benefit this organization in a number of ways. Firstly, strategic planning could provide the means for the initial start- up funding. It is necessary to strategize about which loans and what sort of subsidies the organization could procure from both public and private entities while still maintaining its nonprofit status. Additionally, it is necessary to strategically consider and plan for the logistics of such an operation. These tend to include a potential location where one can procure office space and partitioning it into both tutoring and studio facilities. Naturally, one would have...
Strategic PlanningManagement Strategic planning refers to an organizational management activity used in order to set priorities, focus resources and energy, strengthen organizational goals, and ensure that both the stakeholders and employees are working towards common goals. It also assists in establishing agreement around the intended results and/or outcomes, assessing and adjusting the organization's scope of responding to any possible changes within the environment. Strategic management is the inclusive collection of the
Strategic Planning and Implementation Over the last several years, identity theft has become a major issue that a number of individuals are dealing with. This is because criminals are using various techniques to be able to gain access to a host of personal information including: bank accounts, credit card / social security numbers and the date of birth. Once this occurs, is when they can assume the identity of this person
Strategic planning VS strategic intent thinking Conventional strategic planning refers to guides created by an Organization or a business to map out how it will reach its goals and setting the foundation to the entire organization to know what is expected of them. This provides the organization with the clear view on how to achieve a stated vision for the chosen potential market target and how a company can attend and
Strategic Planning Process Explain the basic steps in the planning process The steps included in designing a strategic plan are portrayed underneath. Although the process may appear rational and systematic, it is regularly iterative and evolves considerably over time. Furthermore, it is subject to political pressure and will be changed likewise. Some key planning efforts may not include all the steps depicted. The components and process depicted in the following segment must
This component of planning functions on the basis of the drive to protect the company, as far as possible, from damage by means of external disaster or internal weakness. Contingency planning, then, allows a company to resume operations as soon as possible after a disaster or crisis. It ensures that the company has components in place that promotes its core health and resiliency. In contrast to the others, this
Strategic Planning The business that I want to start is a small barbeque and soul food restaurant. This business will have one location to begin with. The business will be defined by the quality of the food and the fun, comfortable atmosphere of the restaurant. This paper will first explain the benefits of strategic planning, and then outline some of the strategic plan for my new restaurant. Strategic planning is "an organizational
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