OVERVIEW OF THE PLANNING PROCESS
Group 5
Presentation
Steps in planning
Mission and vision statements
play three critical roles:
1. SET MISSION/VISION
THREE CRITICAL ROLES;
• Communicate the purpose of the organization
to stakeholders.
• Inform strategy development.
• Develop the measurable goals and objectives
by which to success of the organization
strategy.
TOP POSITION
-CHIEF EXECUTIVE OFFICER
-CHIEF MARKETING OFFICER
-CHIEF SALES OFFICER
-CHIEF TECHNOLOGY OFFICER
-PRESIDENT
-MANAGING DIRECTOR
TIME
FRAME/DURATION
VERY LONG
TERMS 5-10 YEARS
DISADVANTAGES
OF MISSION AND
VISION
DISADVANTAGES OF MISSION
• Mission statements can be to vague and to
information is not measurable
• Statements that are too broad will not
define and organization philosophy in an
original way and will provide no direction
for employees to follow.
DISADVANTAGES OF VISION
• A vision statement that does not paint as specific
picture of the desired visionary goals will not
inspired movement toward those goals.
•A vision statement that too generalize leaves that
many directions open and causes the companies
effort to be scattered, which hinders direct process.
ADVANTAGES
OF MISSION
AND VISION
ADVANTAGE OF MISSION
• Mission statement clarify purpose and
determine direction.
• Mission statement can motivate employees.
• Mission statement focus energy and
attention.
• It provide template for decision making.
ADVANTAGE OF VISION
• Having a vision provide a since of purpose
and direction for the business.
• It will help you defined your short and
long term goals.
• It guide the decision you make a long the
way
2. SET STRATEGIC GOALS/PLANS
• WHAT IS STRATEGIC PLANNING?
• WHY IS IT IMPORTANT TO MAKE
STRATEGIC PLANNING?
• WHAT IS STRATEGIC GOAL?
• WHY IS IT IMPORTANT TO US TO
HAVE A STRATEGIC GOAL SPECIALLY
IN BUSINESS?
5 STEPS OF
STRATEGIC
PLANNING PROCESS
STEP 1 –DEFINITION OF STRATEGY
ATTRIBUTES
4 ATTRIBUTES OF STRATEGIC
1. Focusing on the goals
2. Understanding past, present, future event
3. Asking the right question
4. Identifying opportunities
3 categories of
definition of strategic
attributes
1. Core Values
• What is core values?
• How can core values guide
strategic decision?
2. Vision
4 Attributes of a vision
• A Vision sets a positive and meaningful direction with a
purpose and a cause.
• A vision carries a sense of a urgency and mission.
• A good vision is inspiring
• A vision is clear, simple and easy to remember
3. Mission
• Why is mission is important
in making a strategy or
business?
STEP 2 –
FORMULATION OR
STRATEGY
FORMULATION
2 categories of formulation
1. FRAMEWORKS
• What is frameworks or strategic frameworks?
• What is the purpose of having a framework?
2. STRATEGIC PRIORITIES
• What is strategic priorities?
• What is it strategic priorities is important?
STEP 3 - DESCRIPTION
4 Categories of Description
1. Strategic map
2. Business goals
3. KPIs
4. Initiative
STEP 4 -
CASCADING
STEP 5 -
EXECUTION
DISADVANTAGES OF STRATEGIC
PLANNING
• Can be time consuming and expensive
• May be difficult in rapidly changing markets
•Can become a straightjacket
• Some unplanned for opportunities may be missed
• Can become bureaucratic
• Is less relevant in a crisis
• It establishes long-term objectives for the organisation, and
plans for achieving those objectives.
• The organisation is much better coordinated.
• It can take time to implement new plans and it can also take
time before changes have a noticeable effect.
• Management should seek to control the future.
• The organisation is forced to look ahead.
ADVANTAGES OF STRATEGIC PLANNING
MANAGERIAL LEVEL OF PARTICULAR
RELEVANCE
• TOP / MIDDLE
TIME FRAME/DURATION
• -5 YEARS
3. SET
OPERATIONS
GOALS/PLANS
Setting operational goals within an organization is
an important step in providing work teams with clearly
defined objectives. These often provide a framework
for understanding expectations and assessing the
performance of an employee. Learning about this type
of goal can help you design clear and useful one.
WHAT IS OPERATION GOALS?
GOAL SETTING
MANAGERIAL LEVEL OF PARTICULAR
RELEVANCE
MIDDLE LEVEL
-Known as tactical managers
LOWER LEVEL
- Known as operational managers
TIME
FRAME/DURATION
ANNUALLY/ QUARTERLY
4. MONITOR
MONITOR
- MONITORING is the systematic
and continuous collection and
analysis of information about the
progress of a development
intervention.
TYPES OF MONITORING
• Process monitoring
• Progress tracking
• Progress validation
• Performance monitoring
DISADVANTAGE OF MONITORING
• May be more challenging to facilitate
• Requires investment in education
training
• Requires commitment from
stakeholders
• Increased commitment by participants in
success of program
• Collaboration process builds &
strengthens stakeholder’s relationship
• Result are more likely to be acted on
ADVANTAGE OF MONITORING
MANAGERIAL LEVEL OF PARTICULAR
RELEVANCE
EVERYONE
TIME FRAME/DURATION
ONGOING/MONTHLY/
QUARTERLY/ANNUALLY
THANK YOU FOR LISTENING!!

Presentation Group 5.pptx

  • 1.
    OVERVIEW OF THEPLANNING PROCESS Group 5 Presentation
  • 2.
    Steps in planning Missionand vision statements play three critical roles: 1. SET MISSION/VISION
  • 3.
    THREE CRITICAL ROLES; •Communicate the purpose of the organization to stakeholders. • Inform strategy development. • Develop the measurable goals and objectives by which to success of the organization strategy.
  • 4.
    TOP POSITION -CHIEF EXECUTIVEOFFICER -CHIEF MARKETING OFFICER -CHIEF SALES OFFICER -CHIEF TECHNOLOGY OFFICER -PRESIDENT -MANAGING DIRECTOR
  • 5.
  • 6.
  • 7.
  • 8.
    DISADVANTAGES OF MISSION •Mission statements can be to vague and to information is not measurable • Statements that are too broad will not define and organization philosophy in an original way and will provide no direction for employees to follow.
  • 9.
    DISADVANTAGES OF VISION •A vision statement that does not paint as specific picture of the desired visionary goals will not inspired movement toward those goals. •A vision statement that too generalize leaves that many directions open and causes the companies effort to be scattered, which hinders direct process.
  • 10.
  • 11.
    ADVANTAGE OF MISSION •Mission statement clarify purpose and determine direction. • Mission statement can motivate employees. • Mission statement focus energy and attention. • It provide template for decision making.
  • 12.
    ADVANTAGE OF VISION •Having a vision provide a since of purpose and direction for the business. • It will help you defined your short and long term goals. • It guide the decision you make a long the way
  • 13.
    2. SET STRATEGICGOALS/PLANS
  • 14.
    • WHAT ISSTRATEGIC PLANNING? • WHY IS IT IMPORTANT TO MAKE STRATEGIC PLANNING? • WHAT IS STRATEGIC GOAL? • WHY IS IT IMPORTANT TO US TO HAVE A STRATEGIC GOAL SPECIALLY IN BUSINESS?
  • 15.
  • 16.
    STEP 1 –DEFINITIONOF STRATEGY ATTRIBUTES 4 ATTRIBUTES OF STRATEGIC 1. Focusing on the goals 2. Understanding past, present, future event 3. Asking the right question 4. Identifying opportunities
  • 17.
    3 categories of definitionof strategic attributes
  • 18.
    1. Core Values •What is core values? • How can core values guide strategic decision?
  • 19.
    2. Vision 4 Attributesof a vision • A Vision sets a positive and meaningful direction with a purpose and a cause. • A vision carries a sense of a urgency and mission. • A good vision is inspiring • A vision is clear, simple and easy to remember
  • 20.
    3. Mission • Whyis mission is important in making a strategy or business?
  • 21.
    STEP 2 – FORMULATIONOR STRATEGY FORMULATION
  • 22.
    2 categories offormulation 1. FRAMEWORKS • What is frameworks or strategic frameworks? • What is the purpose of having a framework? 2. STRATEGIC PRIORITIES • What is strategic priorities? • What is it strategic priorities is important?
  • 23.
    STEP 3 -DESCRIPTION 4 Categories of Description 1. Strategic map 2. Business goals 3. KPIs 4. Initiative
  • 24.
  • 25.
  • 26.
    DISADVANTAGES OF STRATEGIC PLANNING •Can be time consuming and expensive • May be difficult in rapidly changing markets •Can become a straightjacket • Some unplanned for opportunities may be missed • Can become bureaucratic • Is less relevant in a crisis
  • 27.
    • It establisheslong-term objectives for the organisation, and plans for achieving those objectives. • The organisation is much better coordinated. • It can take time to implement new plans and it can also take time before changes have a noticeable effect. • Management should seek to control the future. • The organisation is forced to look ahead. ADVANTAGES OF STRATEGIC PLANNING
  • 28.
    MANAGERIAL LEVEL OFPARTICULAR RELEVANCE • TOP / MIDDLE TIME FRAME/DURATION • -5 YEARS
  • 29.
  • 30.
    Setting operational goalswithin an organization is an important step in providing work teams with clearly defined objectives. These often provide a framework for understanding expectations and assessing the performance of an employee. Learning about this type of goal can help you design clear and useful one. WHAT IS OPERATION GOALS?
  • 31.
  • 32.
    MANAGERIAL LEVEL OFPARTICULAR RELEVANCE MIDDLE LEVEL -Known as tactical managers LOWER LEVEL - Known as operational managers
  • 33.
  • 34.
  • 35.
    MONITOR - MONITORING isthe systematic and continuous collection and analysis of information about the progress of a development intervention.
  • 36.
    TYPES OF MONITORING •Process monitoring • Progress tracking • Progress validation • Performance monitoring
  • 37.
    DISADVANTAGE OF MONITORING •May be more challenging to facilitate • Requires investment in education training • Requires commitment from stakeholders
  • 38.
    • Increased commitmentby participants in success of program • Collaboration process builds & strengthens stakeholder’s relationship • Result are more likely to be acted on ADVANTAGE OF MONITORING
  • 39.
    MANAGERIAL LEVEL OFPARTICULAR RELEVANCE EVERYONE
  • 40.
  • 41.
    THANK YOU FORLISTENING!!