Methodology for sustainability strategic planning and management
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The document discusses methodology for strategic sustainability planning and management using a Balanced Scorecard approach. It describes the Balanced Scorecard and how it can be adapted into a Sustainable Balanced Scorecard to ensure strategies are economically, environmentally and socially responsible. A 9-step process is outlined for developing and implementing a Sustainable Balanced Scorecard, including defining the enterprise mission and values, analyzing stakeholders, setting strategies and targets, implementation, and monitoring progress. The goal is to identify and improve all functions of an organization while increasing shareholder value and fulfilling social and environmental responsibilities.
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Similar to Methodology for sustainability strategic planning and management
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Strategicmanagementppt 130131182159-phpapp01
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Trend 2: Culture, Employee Engagement, and Employee Experience Remain Top Priorities
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Trend 5: Talent Acquisition Will Focus on Culture Fit, Leadership Skills, Technical Skills Instead of Just “Credentials”
Trend 6: Digital HR and Learning Will Help Us to Reinvent L&D and HR Systems
Trend 7: The Leadership Market Will Start a Steady Process of Reinvention
Trend 8: Diversity, Inclusion, and Unconscious Bias Will Become a Top Priority
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(1) Plan,
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Methodology for sustainability strategic planning and management
- 1. Methodology for sustainability strategic planning and management Strategic Management Methodology
- 2. Concept of the Article Procedure and rules for the existence of strategic planning and management In new market ,Making – decisions is fast, fundamentally challenging than in past years (Wagner, 2004)
- 3. Strategic decisions are “infrequent decisions made by the top leaders of an organization that critically affect organizational health and survival”. BALANCED SCORE CARD
- 4. Balanced Score Card(BSC) By Robert Kaplan and David Norton Strategy performance management tool Identify and Improve Various functions Divide into four sectors
- 6. Financial : return on capital, improved shareholder value, asset utilization. Customer : product/service attributes, customer relationships, image and reputation. Internal Business : develop products and services, deliver products and services, post-sales services. Learning and Growth perspective : employee capabilities, information system capabilities, motivation, empowerment and alignment.
- 7. Purpose Align business activities to the vision and strategy of the organization. Improve internal and external communication. Monitor organizational performance. Achieve strategic goals. Balanced view of organization.
- 8. Strategic Planning and Management? STRATEGIC PLANNING Envisioning a desired future. Vision into goals or objectives Steps to achieve them. STRATEGIC MANAGEMENT Analysis factors associated with customers ,competitors and organization Provide basis for maintaining optimum management practices.
- 9. Sustainable Balance Score Card (SBSC) What you mean by Sustainability ? Preservation Eco – System Biological System Social Equity All together we can say it as Corporate Social Responsibility(CSR) Three legged - Economically, Environmentally, and Socially responsible .
- 10. WHY SBSC AND CSR HAS A LINK? Corporate Social Responsibility based on the three pillars - economic, environmental and social responsible. SBSC has three function – Business case - Economic Human case – Social Green case – Environmental
- 11. Steps for carrying out planning and management
- 12. 1) Planning of the project The key to a successful project is in the planning Next step in this process identify the team. 2) The enterprise mission statement Vision Mission Values of organization. 3) Analyzing stakeholders The rational level – who stakeholders are ? The process level – understanding organizational relationship with stakeholders The transactional level – negotiation b/w ORG AND stake..
- 13. Strategy definition Triple Bottom Line of CSR Sustainability and Strategic planning Causal link , cluster with in perspective Three main perspective Structure- physical and intangible elements of org .
- 14. 5) implementation plan – Define responsibility and accountability, establish org structure, information report system, granting day to day activities, planned objectives successfully, fulfilled. 6) indicators and targets- selected objectives can be base 7) Validation-result achieved over a period of time, measure relation among variables .
- 15. 8) SBSC Implementation computer system with ERP Training of the human resources. 9) Monitoring monitored over extended periods provide relevant facts and data implementation of the SBSC
- 16. conclusion step-by-step process for development and implementation processes. social awareness a socially responsible . development in every aspects of the company especially in stakeholder’s value, shareholder’s value fulfill all their responsibilities and compromises with society and other stakeholders.
- 17. From my point of view Balance score card will identify and improve internal functions of the company . It will be socially , environmental as well as economically regarding the decisions of the company . CSR is also take into consideration. Shareholders value and at same time fulfill other responsibility . Help to achieve the task or target of the organization.