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STRATEGIC DEVELOPMENT &
IMPLEMENTATION
Presented To : Sir Manzoor
Presented By : Sumaiya Mumtaz
What is Strategic Development ?
• Strategy is a high-level plan to achieve desired goals under conditions of uncertainty. .
Strategy generally involves setting goals, determining actions to achieve the goals, and
mobilizing resources to execute the actions. A strategy describes how the ends (goals) will
be achieved by the means (resources).
Developing The Strategy :
 Defines the organization’s purpose and goals.
 Examines the external and internal environment
 Identify opportunities and constraints regarding that strategy.
Strategic Development Process Steps :
Crafting mission , vision and value statement –
Strategic goals – Strategic analysis
Formulating and launching the strategy
These strategy development steps address the following
four questions:
1. What business are we in and why?
2. Where are we going in market value?
3. What are the key issues that strategy must address?
4. How can we best compete our competitors?
MISSION – VALUES - VISION
Mission The mission is
a brief , typically one-
sentence , statement
that defines the
fundamental purpose
of the organization. Value The value of
a company
prescribe its
desired behavior ,
character , and
culture.
Vision• The vision
is a concise
statement that
defines the mid-to
long- term (three
to ten years) goals
of an organization.
Characteristics of
vision
– External Market
oriented
– Express
preferably in
clear, specific
aspirational
terms
– Measurable
Strategic Analysis :
• External Analysis :
• PESTEL model assesses the macroeconomic environment . Reflecting its political,
economic , social , technological , environmental and legal components.
• Internal Analysis :
• The internal analysis examines an organization’s own performance and
capabilities.
SWOT analysis :
Identifies the company’s –Existing strengths and weaknesses (internal attributes) –
Emerging opportunities and worrisome threats (external attributes).
Formulating and launching the strategy
• Strategy formulation – The
stage of strategic management
that involves the planning and
decision making that leads to
the establishment of the
organization’s goals and of a
specific strategic plan.
Strategic Implementation :
• Strategy implementation is the translation
of chosen strategy into organizational
action to achieve strategic goals and
objectives.
• This is where the real action takes place in
the strategic management process, since
this is where the tactics in plan will be
transformed into actions or actual
performance.
Basic Activities
In Strategic
Implementation
:
Establishment of annual objectives
Formulation of policies for execution of
strategies
Allocation of resources
Actual performance of tasks and activities
Leading and controlling the performance of
activities or tactics in various levels of the
organization
Avoid the Implementation Pitfalls :
LACK OF
OWNERSHIP
LACK OF
COMMUNICATION
A MEANINGLESS
PLAN
NO PROGRESS
REPORT
NO
ACCOUNTABILITY
LACK OF
EMPOWERMENT
DISCUSSING
STRATEGY
ANNUALLY ONLY.
Strategic develop ppt

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Strategic develop ppt

  • 1. STRATEGIC DEVELOPMENT & IMPLEMENTATION Presented To : Sir Manzoor Presented By : Sumaiya Mumtaz
  • 2. What is Strategic Development ? • Strategy is a high-level plan to achieve desired goals under conditions of uncertainty. . Strategy generally involves setting goals, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources). Developing The Strategy :  Defines the organization’s purpose and goals.  Examines the external and internal environment  Identify opportunities and constraints regarding that strategy.
  • 3. Strategic Development Process Steps : Crafting mission , vision and value statement – Strategic goals – Strategic analysis Formulating and launching the strategy These strategy development steps address the following four questions: 1. What business are we in and why? 2. Where are we going in market value? 3. What are the key issues that strategy must address? 4. How can we best compete our competitors?
  • 4. MISSION – VALUES - VISION Mission The mission is a brief , typically one- sentence , statement that defines the fundamental purpose of the organization. Value The value of a company prescribe its desired behavior , character , and culture. Vision• The vision is a concise statement that defines the mid-to long- term (three to ten years) goals of an organization. Characteristics of vision – External Market oriented – Express preferably in clear, specific aspirational terms – Measurable
  • 5. Strategic Analysis : • External Analysis : • PESTEL model assesses the macroeconomic environment . Reflecting its political, economic , social , technological , environmental and legal components. • Internal Analysis : • The internal analysis examines an organization’s own performance and capabilities. SWOT analysis : Identifies the company’s –Existing strengths and weaknesses (internal attributes) – Emerging opportunities and worrisome threats (external attributes).
  • 6. Formulating and launching the strategy • Strategy formulation – The stage of strategic management that involves the planning and decision making that leads to the establishment of the organization’s goals and of a specific strategic plan.
  • 7. Strategic Implementation : • Strategy implementation is the translation of chosen strategy into organizational action to achieve strategic goals and objectives. • This is where the real action takes place in the strategic management process, since this is where the tactics in plan will be transformed into actions or actual performance.
  • 8. Basic Activities In Strategic Implementation : Establishment of annual objectives Formulation of policies for execution of strategies Allocation of resources Actual performance of tasks and activities Leading and controlling the performance of activities or tactics in various levels of the organization
  • 9. Avoid the Implementation Pitfalls : LACK OF OWNERSHIP LACK OF COMMUNICATION A MEANINGLESS PLAN NO PROGRESS REPORT NO ACCOUNTABILITY LACK OF EMPOWERMENT DISCUSSING STRATEGY ANNUALLY ONLY.