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 be altered depending on the context.
In a strategic planning process, the first step is to address the aspects relating to current organizational situation and the factors required for the success of the next steps. This includes the examination of the project's history and evolving contexts (both external and internal). esponses to the organizational priorities include attention to strengths and shortcomings and determine how to benefit from strengths (Sinofsky & Iansiti, 2010).
The next phase in the process is to identify the…...
mlaReferences
Covello, J.A., & Hazelgren, B.J. (2009). The complete book of business plans: Simple steps to writing powerful business plans. Naperville, Ill: Sourcebooks
Leleur, S. (2012). Complex strategic choices: Applying systemic planning for strategic decision making. London: Springer
Sinofsky, S., & Iansiti, M. (2010). One strategy: Organization, planning, and decision making. Hoboken, N.J: Wiley
Strategic Planning
Based work completing Short Papers Strategic Plan Analyses, strategic planning process create a ten-year strategic plan academic work professional development. Consider leadership strengths qualities develop.
A personal mission statement helps a person to create a focus in their lives and to prevent the chaos that comes from living an overly busy, adrift and disorganized life. A personal mission statement helps a person to understand which long-term goals they are able to accomplish and which are beyond their rich. The mission statement will help to guide the person towards achieving the desired goals and to keep them on track to achieving the goal Zuckerman, 2005.
The personal mission statement helps to give live a focus and help the person to decide which critical activities they need to focus their time and energy on. My personal mission statement is to encourage, mentor and support individual members of society in their roles in order…...
mlaReferences
Hemingway, C.A., & Maclagan, P.W. (2004). Managers' Personal Values as Drivers of Corporate Social Responsibility. Journal of Business Ethics, 50(1), 33-44.
Senge, P.M. (2003). Taking Personal Change Seriously: The Impact of "Organizational Learning" on Management Practice. The Academy of Management Executive (1993-2005), 17(2), 47-50.
Zuckerman, A.M. (2005). Healthcare strategic planning. Chicago, IL: Health Administration Press.
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 and begin obtaining credit in their name without the victim being aware of what is happening.
Evidence of this can be seen with a study that was conducted by Javelin Strategy and esearch. They found that in 2010 there were a total of 8.1 million people that had their identity stolen. Moreover, the costs for these kinds of crimes were $37 million. (Singletary, 2011) This is significant, because it is illustrating how identity theft is continuing to be a major problem…...
mlaReferences
Ownership Structure Types. (2011). Washington Secretary of State. Retrieved from: http://www.sos.wa.gov/corps/registration_structures.aspx
Private Placement. (2011). Investopedia. Retrieved from: http://www.investopedia.com/terms/p/privateplacement.asp
Venture Capital. (2011), Investopedia. Retrieved from: http://www.investopedia.com/terms/v/venturecapital.asp
Dicker, J. (2008). The Price of Identify Theft Protection. CNN Money. Retrieved from: http://money.cnn.com/2008/08/26/pf/identity_theft_prevention/index.htm
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 serve its customers consistently effectively so as to get profits all the time and not losses.
Eton Lawrence (1999) describes Strategic intent thinking as the purpose the organization is striving for or the intent goals of the company which helps in long-term planning of how to distribute work effectively among its members so as to achieve their goals.
Strategic intent thinking provides focus on members of an organization on how to divide their energy among themselves as they focus on their attention,…...
mlaReferences
Chaudron, (2008).Conventional Strategic Planning without Scenarios. Retrieved November 15,
2011 from http://www.organizedchange.com/summary%20of%20conventional%20strategic%planning.htm
Eton Lawrence (1999). Strategic thinking. Retrieved November 15, 2011 from http://www.csun.edu/bus302/course/materialcase/strategic.thinking
Gogo Erokosima (2011). 4 Conventional Strategic Planning tools for Business Executive
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 ongoing processes and activities, which an organization may utilize in systematic coordination and alignment of their resources and actions with respect to the organization's mission, vision and strategies towards organizational success. In accordance with good strategic planning and/or management, determination and hard work towards achieving the organization's goal, Ken is capable of achieving his missions and plans of standing the organization to its firm roots and making it operate like the other successful healthcare organizations.
Hunger & Wheelen (2007) reveals that…...
mlaReferences
Hunger, J.D. & Wheelen, T.L. (2007). Essentials of Strategic Management. Upper Saddle
Creek, NJ: Pearson Education, Inc.
Joel, A.R. (2012). Developing and implementing strategic plans that differentiate your organization from the competitors. Management Consultants to Law Offices, 12(7), 21-
27.
Strategic Planning at the Chronicle Gazette
Decline of the Newspaper Publishing Industry
Declining Circulation and evenue
Status of Leading Newspapers
easons for Decline in Circulation and evenue
Economic Factors
Political Factors
Demographic Factors
Technological Factors
Porter's Model
Strategies adopted by different Companies
Steps to be taken by the Chronicle Gazette
Form a Website
Minimize Cost and Increase Efficiency
Organization Structure
Adopt Digital Technology
Susan Feiman is the publisher of The Chronicle Gazette, which is one of the most prominent newspapers of the United States. It has gained huge popularity among the people and is being circulated at high levels. This newspaper is recognized as a top class newspaper and the work of its writers has been highly appreciated. However, there has been a great decline in the circulation and subscription of the newspaper for the past few years. In the past eight years, the subscription of the newspaper has fallen to a great level and because of this downfall in the subscription of the newspaper; the…...
mlaReferences
Lardinois, F., 2009. The Sorry State of the Newspaper Industry. Advertising income Fell 16.6% in 2008, 27 March.
Riley, J., 2012. Porte's Five Forces Model. Analysing Industry's Structure, Wednesdaay October.
Young, A., 2011. Media News. How to Save the Newspaper Industry, 23 March.
Strategic Planning
Present how strategic planning, performance improvement, and information systems are interrelated and fundamental to the delivery of quality health care.
Over the last several years, the health care system has been facing considerable challenges. This is because the total number of patients is rapidly increasing and costs are rising. Evidence of this can be seen with a study that was conducted by the Kaiser Foundation. They found that insurance premiums for employer sponsored plans have increased by 97%. Commenting about these issues the report observed, "Health expenditures in the United States neared $2.6 trillion in 2010, over ten times the $256 billion spent in 1980. Addressing this growing burden continues to be a major policy priority. Furthermore, the United States has been in a recession for much of the past decade, resulting in higher unemployment and lower incomes for many Americans. These conditions have put even more attention on health…...
mlaReferences
Medicaid. (2012), New York Times. Retrieved from: http://topics.nytimes.com/top/news/health/diseasesconditionsandhealthtopics/medicaid/index.html
US Health Care Costs. (2011). Kaiser Foundation. Retrieved from: http://www.kaiseredu.org/issue-modules/us-health-care-costs/background-brief.aspx
Berenson, J. (2012). Achieving Better Quality of Care. Common Wealth Fund. Retrieved from: http://www.commonwealthfund.org/~/media/Files/Publications/Issue%20Brief/2012/May/1600_Berenson_achieving_better_quality_care_low_income_v2.pdf
Lorenzi, N. (2005). Transforming Health Care. New York, NY: Springer.
Strategic Planning
The Human Rights Campaign (HRC) is the largest LGBT civil rights advocacy group and political lobbying organization in the United States. According to the HRC, it has more than 1.5 million members and supporters. HRC is an umbrella group of two separate non-profit organizations and a political action committee: the HRC Foundation, a 501(c)(3) organization that focuses on research, advocacy and education; the Human Rights Campaign, a 501(c)(4) organization that focuses on promoting the social welfare of lesbian, gay, bisexual, and transgender (LGBT) people through lobbying Congress and state and local officials for support of pro-LGBT bills, and mobilizing grassroots action amongst its members; and the HRC Political Action Committee, which supports candidates that adhere to its positions on LGBT rights. Local activities are carried out by local steering committees, of which there are over 30 located throughout the United States.
Using the HRC as an organization in which to…...
mlaWorks Cited
McNamara, C. (N.d.). Basics of Identifying Strategic Issues and Goals. Retrieved from Management Help: http://managementhelp.org/strategicplanning/issues-goals.htm
Morn, B. (2013, December 28). 2013 LGBT year in review: A great year for gay rights. Retrieved from America Blog: http://americablog.com/2013/12/2013-good-year-lgbt-rights.html
Reilly, R., & Sibbiqui, S. (2013, June 26). Supreme Court DOMA Decision Rules Federal Same-Sex Marriage Ban Unconstitutional. Retrieved from Huffington Post: http://www.huffingtonpost.com/2013/06/26/supreme-court-doma-decision_n_3454811.html
The research completed also shows that both subjective and quantified approaches to strategic planning for externally-oriented nonprofits also tend to create this inferred ownership of the strategic plan, its goals, and therefore increase its probability of success. Clearly having an external focus with a "customer" who is to be served is a highly effective aspect of a nonprofits' strategic planning process. Crittenden & Crittenden (2000) also make the point that nonprofit organizations researched have both instrumental and expressive tendencies at the same time, a deliberate strategy taken to make sure that individual constituencies' goals and objectives are met. This hybrid approach to strategic planning requires a nonprofit organization to be highly agile, informal, and collaborative in its information and knowledge management.
Assessing Strategic Planning in Nonprofit Organizations
The differences in the strategic planning of nonprofit organizations are significant compared to their for-profit counterparts. First, strategic planning in for-profit organizations typically centers…...
mlaReference:
Crittenden, William F; Victoria L, Crittenden (2000), Relationships between organizational characteristics and strategic planning processes in nonprofit organizations Journal of Managerial Issues; Summer 2000; 12, 2; ABI/INFORM Global pg. 150
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 type of planning focuses on possible realities rather than concrete factors or reactions to existing factors.
According to Kurtz, MacKenzie and Snow (2009, p. 51), marketing planning focuses on implementing strategic planning activities in terms of presenting the product to the customer in a way that would generate sales. Like tactical planning, this is also a short-range planning system that will necessarily change as the environment and result reveals its strengths and weaknesses. This component also includes the communication strategy the…...
mlaReferences
Boone, L.E. And Kurtz, D.L., 2010. Contemporary Business. John Wiley and Sons.
Kurtz, D.L., MacKenzie, H.F. And Snow, K. (2009). Contemporary Marketing. Cengage Learning.
May, G. (2010). Strategic Planning. New York: Business Expert Press.
Wallace, M. And Webber, L. (2010). The Disaster Recovery Handbook: A step-by-step plan to ensure business continuity and protect vital operations, facilities, and assets. Amacom Div American Management Association.
Strategic Planning for Companies
Strategic Planning for Cincom Systems
Creating transformational change in companies by automating their most challenging processes, strategies and systems is what Cincom Systems excels at today. The company has five different product divisions, each selling enterprise software into various segments of the Customer elationship Management (CM) marketplace. Privately held with 700 employees employed across five continents, Cincom is also profitable and has had many customers on maintenance contracts for over two decades. The future of Cincom is predicated on how well strategic plans can be defined and executed with its major partners including IBM, Microsoft and SAP. Of these three, Microsoft offers the greatest potential for accelerating the product development plans of the Cincom Manufacturing Business Solution (CMBS) business unit. CMBS generates between $7M to $10M a year in revenue, both on maintenance contracts in addition to new software sales, and has created a line of CM and…...
mlaReferences
Al-Shammari, H., & Hussein, R.T. (2008). Strategic planning in emergent market organizations: Empirical investigation. International Journal of Commerce & Management, 18(1), 47.
Aylmer, R.J. (1980). Strategic market planning. Managerial Planning, 28(4), 8-8.
Borch, O.J., & Hartvigsen, G. (1991). Knowledge-based systems for strategic market planning in small firms. Decision Support Systems, 7(2), 145-145.
Fisher, D.M., Fisher, S.A., Kiang, M.Y., & Chi, R.T. (2004). Evaluating mid-level erp software. The Journal of Computer Information Systems, 45(1), 38-46.
Strategic Planning at the Chronicle Gazette
The Declining Newspaper Readership
The Strategic Planning
The Reestablished Mission of the Chronicle Gazette
The Human Resource Planning
The Importance of Strategic Planning
The Evaluation Criteria
The Anticipated Needs of the Organization
The Strategies of the Competitors
Internal Assessment of the Chronicle Gazette
Strengths
eaknesses
External Assessment of the Chronicle Gazette
Opportunity
Threats
Proposed Strategic Plans for the Chronicle Gazette
The case study presents a detailed and structured analysis of how the preferences of the newspaper reader shifted from the newspapers to the E-papers. The case tends to shed light on the newspaper publishing house, The Chronicle Gazette. Susan Feinman is one of the senior publishers in The Chronicle Gazette. The newspaper enjoys a significant rather an immense paid circulation of 225000 customers. The Chronicle Gazette is a first class newspaper of the city and the writers of the newspaper are splendidly recognized as per their literally achievements. The scenario explained in the case study tends to indicate that The…...
mlaWork Cited
Bogart, Leo. Press and Public: Who Reads What, When, Where, and Why in American Newspapers. 2nd ed. Hillsdale, NJ: Lawrence Erlbaum Associates, 1989. Questia. Web. 29 May 2011.
Branton, Regina P., and Johanna Dunaway. "Slanted Newspaper Coverage of Immigration: The Importance of Economics and Geography." Policy Studies Journal 37.2 (2009): 257+. Questia. Web. 29 May 2011.
Hansen, Kathleen A., Mark Neuzil, and Jean Ward. "Newsroom Topic Teams: Journalists' Assessments of Effects on News Routines and Newspaper Quality." Journalism and Mass Communication Quarterly 75.4 (1998): 803+. Questia. Web. 29 May 2011.
Moscowitz, Leigh. "Civic Approach Not So Different from Traditional Model." Newspaper Research Journal 23.4 (2002): 62+. Questia. Web. 29 May 2011.
All of the above represents the first part of strategic planning. You must know where you are now before you can determine where you should be going. The next step is to analyze the alternatives. It is important to remember that the current list of alternatives is not the sum total of options available. The company should be as creative as possible in the alternative-generating process. The external analysis should help with this by identifying opportunities in the marketplace that may not have been part of the initial idea generation process.
hatever alternative is chosen, it should be congruous with the company's existing competencies. Ideally, GIFC will have some source of sustainable competitive advantage that can be leveraged in the new business. Even if not, the strategy should play to the company's strengths, but be manageable within the company's constraints. Because this is a small, family-owned firm, GIFC should consider how…...
mlaWorks Cited
No author (adapted from Porter, Michael). (2007). Porter's Five Forces. QuickMBA. Retrieved November 11, 2008 at http://www.quickmba.com/strategy/porter.shtml
No author. (2007). The Strategic Planning Process. QuickMBA. Retrieved November 11, 2008 at http://www.quickmba.com/strategy/strategic-planning/
Kyle, Bobette. (2008). SWOT Analysis - Evaluating Strengths, Weaknesses, Opportunities and Threats. WebsiteMarketingPlan.com. Retrieved November 11, 2008 at http://www.websitemarketingplan.com/marketing_management/SWOT.htm
Strategic Planning for Public and Nonprofit Organizations
This study suggests that the achievements of Apple are embedded in Porter's Five Forces model and the recently adopted the resource-based view model. This strategy specializes in creating positive performance relating to the accomplishment of outstanding achievements beyond the objectives set by stakeholders and external experts. The support beams of Bob Mansfield' technique is built on the reliance on the abilities, capitalizing on possibilities, and a business lifestyle permitting the accomplishment of Apple's objectives. Furthermore, through the performance of technique Bob, tasks undertaken created a learning company that is results-oriented.
The first model that took over the ideal thinking in the last two decades was Porter's Five Forces. The conventional management designs describe the company's technique regarding the product placement, the products it manufactures, and the industry it participates (Geraldes, 2011). The design mainly targets the external effects on technique and helps companies to evaluate…...
mlaReferences
Kerzner, H.R. (2013). Using the project management maturity model: Strategic planning for project management. Hoboken, N.J: Wiley.
Naylor, T.H. (2009). Optimization models for strategic planning. Amsterdam u.a: North-Holland.
Geraldes, P. (2011). On the use of strategic planning models in Iberian cities. Lisboa: Laborato-rio Nacional de Engenharia Civil.
Strategic Planning
The organization I will be writing about is the Human esources Campaign (HC). The HC bills itself as the "largest civil rights organization working to achieve equality for lesbian, gay, bisexual and transgender Americans" and it represents more than 1.5 million members. The HC was founded in 1980. Its activities are focused on the political sphere, where it helps to finance electoral candidates who support equal rights, engages in education programs and mobilizes grassroots actions (HC, 2014).
Internal Environment
Sherman (2007) notes that the organization should begin the strategic planning process with an understanding of the organization, its objectives and its own internal structures, among other factors. Thus, it is important to understand, for example, the strengths and weaknesses of the organization. Strategic planning, as Aguilar (n.d.) notes, is the first step in strategic management, but it is also the most important step.
There are 150 employees of HC and countless volunteers.…...
mlaResources
Aguilar, O. (no date). How strategic performance management is helping companies create business value. Performance Management. Retrieved January 9, 2014 from http://www.smartbiz.com/article/view/163/1/3
HRC. (2014). About us. Human Rights Campaign. Retrieved January 9, 2014 from http://www.hrc.org/the-hrc-story/about-us
Sherman, H., Rowley, D. & Armandi, B. (2007). Developing a strategic profile: The pre-planning phase of strategic management. Business Strategy Series. Vol. 8 (3).
As a behavioral health entrepreneur, it is crucial to utilize various methods of analysis to determine which strategies are the best for your business. These analysis methods can help you make informed decisions, understand your target audience, and drive effective outcomes. Here are some key methods to consider:
1. SWOT Analysis: Conduct a comprehensive assessment of your business's strengths, weaknesses, opportunities, and threats. This analysis will provide insights into your competitive advantage, internal challenges, market potential, and potential risks.
2. Market Research: Gather data and insights about your target audience, competitors, market trends, and customer preferences. This analysis will enable you to....
1. The importance of ethics in business decision making
2. The impact of technology on modern business practices
3. The role of corporate social responsibility in business operations
4. The benefits and challenges of globalization in the business world
5. The influence of culture on international business practices
6. The significance of leadership and management in successful business operations
7. The effects of digital marketing on consumer behavior and business success
8. The role of innovation in driving business growth and competitiveness
9. The importance of sustainability in business practices
10. The impact of financial management on business success
11. The role of entrepreneurship in driving economic growth and innovation
12.....
Principles of Business Essay Topics
Ethics and Social Responsibility
The Importance of Ethical Decision-Making in Business
Sustainability and Corporate Social Responsibility: Balancing Profits and Planetary Health
The Role of Business in Addressing Social Issues
Whistleblower Protection and the Ethical Obligations of Employees
Innovation and Entrepreneurship
The Role of Innovation in Driving Business Growth
The Entrepreneurial Mindset: Characteristics and Erfolgsfaktoren
Creating an Innovative Work Environment
The Impact of Technology on Business Innovation
Leadership and Management
Effective Leadership Styles: Authoritarian, Democratic, and Laissez-faire
Motivating Employees: Theories and Best Practices
The Importance of Diversity and Inclusion in Management
Managing Organizational Change: Challenges and....
1. Data-driven decision making: Business statistics provide organizations with quantitative data that can be used to make informed decisions. By analyzing data on market trends, customer behavior, and operational performance, organizations can make strategic decisions that are based on evidence rather than intuition.
2. Performance measurement: Business statistics allow organizations to track their performance over time and compare it to industry benchmarks. By measuring key performance indicators (KPIs) such as revenue, profit margins, and customer satisfaction levels, organizations can identify areas for improvement and set goals for future growth.
3. Risk management: Business statistics can help organizations identify potential risks and opportunities....
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