The document discusses strategic planning for cooperatives. It provides information on developing a cooperative's vision, mission, goals, objectives and operating values as part of the strategic planning process. The board is responsible for strategic planning and setting policies while the manager implements tactics to achieve the goals and objectives set by the board. Goals and objectives should be SMART (specific, measurable, attainable, relevant and time-bound). Strategic planning helps guide a cooperative from its current state to its desired future.
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This is a presentation to co-operatives on strategic planning. The process of coming up with a strategic plan is as important as the final document. It is critical that co-operatives participate fully in drafting their own strategic plans and coming up with final document that they own and can implement.
Strategic plans are critical for co-operatives to prioritize what they want to achieve and within what time period.
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5. Strategic planning is more than ensuring your COOPERATIVE remain financially sound and be able to maintain its reserves
6. it’s projecting where your cooperative expects to be in five, ten, or fifteen years 5 10 15
7. Cooperative directors maintain a long-term perspective of where the cooperative is headed. They are concerned with how the cooperative can better serve members’ needs and what general changes may be necessary in organizational and operating policies.
8. The manager is action and tactic oriented in running the day-to-day operations in response to the goals and objectives set by the board.
14. It is a systematic planning process involving a number of steps that identify the current status of the association, including its vision for the future, mission, operating values, needs (strengths, weaknesses, opportunities, and threats), goals, prioritized actions and strategies, action plans, and monitoring plans.
15. how much you are willing to pay a step by- step determination of where you are where you want to go how you wish to get there when you want to arrive who will do the work Steps in Planning
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19. characteristics of a useful strategic plan 5. A unit, not a menu . A useful plan is not a wish book. Everything in the plan needs to be accomplished. 6. The means to an end, not an end in itself . The plan is the process by which it reaches its destination; 7. Based on a three- to five-year period. The strategic plan should be a living document that has a one-year drop off and a new year added so that it always covers the same
20. Most well-managed and long-lived organizations display the trait of visioning. For strategic planning, a vision is a picture of the cooperative’s desired future. This “picture” should set the stage for where the organization wants to go in terms of its performance criteria, standards, and basic organizational values. Key factors will appeal to common values and positive outcomes. Visioning
21. Vision Statement Narra MPC is likened to a narra tree, a symbol of strength and prosperity. “ we envision ourselves to be the best, efficient and productive cooperative, dedicated and committed in bringing prosperity and positive transformation to its members and the community”.
22. The mission statement briefly, in a sentence or two, identifies the basic purpose and desire of the cooperative. It makes a concise statement that can be used to make decisions about the cooperative’s future. It answers four fundamental questions: 1. What does the cooperative do? 2. Who are its clients? 3 . Who are the members of the cooperative? 4. How does the cooperative conduct itself? Mission Statement
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24. Every cooperative has goals. But, without formal planning, these goals may not be written and consequently become vague or incorrectly perceived by directors, the manager, the employees, or, worse yet, the members. This results in a lack of clearly defined focus. Planners are responsible for carefully written statements of goals, objectives, and activities. Goals need to be consistent with the identified needs of the strategic choices. The appropriateness of goal statements is a top priority in strategic planning. Goals
25. A goal is a long-term vision of what the cooperative is striving to become. It is a target for medium- to long-range accomplishment. Goals should describe what the cooperative wants to achieve, They should be bold and exciting and have a clear finish line. Goals should challenge the organization but be attainable. Finally goals must be ranked by priority.
28. The most helpful objectives have the following characteristics: S- Stretching challenge the Manager/staff M –Measurable quantifiable A – Achievable realistic R – Related to members improve service T – Time targeted to have an end date
29. Guided by our vision and true to our mission, we aim to attain: 1. A well-informed and loyal membership conscious of and performing its duties and responsibilities, and actively involve in the affairs of the cooperatives; 2. A strong and properly functioning Pook-Tulungan system that would enhance the active and democratic participation of the members in the activities of their cooperative and their community; 3. An enlightened and dedicated leadership willing and able to share its knowledge, time and effort for the welfare of the members, the cooperative and the community as a whole
30. A giant cooperative 4. A professional staff hired, compensated and rewarded on the basis of competence and performance, who will run the business and non-business activities of the cooperative with the full support and participation of the duly elected and appointed management bodies of the cooperative; 5. An efficient and effective management that would continuously strengthen the financing status of the cooperative through an effective savings and capital build-up program, efficient processing and collection of loans, improved systems and procedures and strong internal control mechanism; and 6. A continuous and effective educational and training program for the officers, committee members, pook-tulungan leaders, employees, and the general membership, responsive to the growing needs of the cooperative and the community.
31. [email_address] Hierarchy of Objectives& Org. Levels Objectives set end results – they need to be supported by a hierarchy of sub-objectives, duly networked through the organization to avoid discord and wasted effort. Everyone needs to work to ensure that goals are met Mission Overall Objectives & Key result areas. Divisional objectives Departmental objectives Individual objectives Board of Directors CEO Division Head Product X Division Head Product Y Sales & Mktg Dept Production Dept Sales Manager A Sales Manager B
32. [email_address] While setting Objectives, ideally, Top Management should get information / ‘buy-in’ from lower levels to set realistic goals for a good result. Hierarchy of Objectives& Org. Levels …ctd. Mission Overall Objectives & Key result areas. Divisional objectives Departmental objectives Individual objectives Top-down Approach Bottom-up Response: The result
35. Determine operating values . The cooperative principles cumulatively are the lifeblood of the movement. Derived from the values: democracy, equality and equity, self-help and self responsibility and solidarity have been infused the movement from its beginnings, they shape the structures and determine the attitudes that provide the movement’s distinctive perspectives.
36. 1. vikramthadeshvar@hotmail.com at www. Slideshare.net Sources: 2. Strategic Planning R E P O R T # 3 Published by the Foundation for Community Association Research, 2001 3. Engaging the Board in Strategic Planning: Rationale, Tools, and Techniques A Governance Institute White Paper • Summer 2007 4. Strategic management by Decal, 2009 5. Luzonwide Coop TEAMshop Summit Lectures, 2011 6. Narra MPC Operations Manual