Strategic Planning Process
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This is Known as LTM (Learning through movies). We explained the concept of Strategic Planning Process with help of Movie Fast & Furious 7 Clips. All the steps are explained with clips & contents written over the slides. Mission & objective, Environmental Scanning, Strategy formulation, Strategy implementation, Evaluation and control, benefits,
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Strategic Planning PowerPoint Presentation
Comprehensive PowerPoint presentation on Strategic/Tactical planning,Sales Planning Strategic and Resource Management
Strategic planning process
This document outlines the strategic planning process for an organization. It discusses that strategic planning involves defining a strategy and allocating resources to pursue the strategy. The strategic planning process consists of three main steps - strategy formulation, strategy implementation, and strategy evaluation. Strategy formulation involves assessing the internal and external environment through a SWOT analysis. Strategy implementation is putting the plan into action by setting short-term goals. Strategy evaluation reviews performance and makes adjustments. Key aspects of the process include defining vision, mission, goals, and department objectives to align the organization.
Strategic Planning
Strategic planning is a systematic process that involves envisioning the future goals of an organization, establishing objectives and actions to achieve those goals. It provides a roadmap and framework for decision making. The strategic planning process includes assessing the internal and external environment of the organization, determining strategic direction through developing a vision and mission, setting organizational objectives, creating departmental plans and objectives, and evaluating performance. A key part of assessment involves conducting a SWOT analysis to understand the organization's strengths, weaknesses, opportunities, and threats.
strategy implementation
The document discusses various aspects of strategy implementation including:
1. Strategy implementation requires integrating people, structure, processes and resources to achieve organizational objectives.
2. There are different organizational structures that can be used including functional, divisional, strategic business unit and matrix structures.
3. The McKinsey 7S model analyzes seven key internal elements including strategy, structure, systems, staffing, skills, style and shared values that must be aligned for effective strategy implementation.
STRATEGIC MANAGEMENT
This document provides an overview of strategic management concepts including definitions of strategy, the strategic management process, and frameworks for strategic analysis. It defines strategy as a plan to achieve organizational goals. The strategic management process involves setting strategic intent through vision and mission, formulating strategy by analyzing the external and internal environment, implementing strategy, and evaluating performance. Frameworks explained include the levels of strategy (corporate, business, functional), McKinsey's 7S model analyzing seven internal elements, and forms of corporate strategies like growth, stability, and retrenchment.
Strategic Planning
The document provides an overview of the strategic planning process, including defining mission and objectives, conducting an environmental scan through tools like PEST analysis and SWOT analysis, formulating strategy, implementing strategy, and evaluating performance. It discusses strategic planning at the corporate, business unit, and functional levels. Key frameworks covered include Porter's five forces, generic strategies of cost leadership, differentiation and focus, and the value chain.
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Strategic Planning PowerPoint Presentation
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Strategic planning process
This document outlines the strategic planning process for an organization. It discusses that strategic planning involves defining a strategy and allocating resources to pursue the strategy. The strategic planning process consists of three main steps - strategy formulation, strategy implementation, and strategy evaluation. Strategy formulation involves assessing the internal and external environment through a SWOT analysis. Strategy implementation is putting the plan into action by setting short-term goals. Strategy evaluation reviews performance and makes adjustments. Key aspects of the process include defining vision, mission, goals, and department objectives to align the organization.
Strategic Planning
Strategic planning is a systematic process that involves envisioning the future goals of an organization, establishing objectives and actions to achieve those goals. It provides a roadmap and framework for decision making. The strategic planning process includes assessing the internal and external environment of the organization, determining strategic direction through developing a vision and mission, setting organizational objectives, creating departmental plans and objectives, and evaluating performance. A key part of assessment involves conducting a SWOT analysis to understand the organization's strengths, weaknesses, opportunities, and threats.
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The document discusses various aspects of strategy implementation including:
1. Strategy implementation requires integrating people, structure, processes and resources to achieve organizational objectives.
2. There are different organizational structures that can be used including functional, divisional, strategic business unit and matrix structures.
3. The McKinsey 7S model analyzes seven key internal elements including strategy, structure, systems, staffing, skills, style and shared values that must be aligned for effective strategy implementation.
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This document provides an overview of strategic management concepts including definitions of strategy, the strategic management process, and frameworks for strategic analysis. It defines strategy as a plan to achieve organizational goals. The strategic management process involves setting strategic intent through vision and mission, formulating strategy by analyzing the external and internal environment, implementing strategy, and evaluating performance. Frameworks explained include the levels of strategy (corporate, business, functional), McKinsey's 7S model analyzing seven internal elements, and forms of corporate strategies like growth, stability, and retrenchment.
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The document provides an overview of the strategic planning process, including defining mission and objectives, conducting an environmental scan through tools like PEST analysis and SWOT analysis, formulating strategy, implementing strategy, and evaluating performance. It discusses strategic planning at the corporate, business unit, and functional levels. Key frameworks covered include Porter's five forces, generic strategies of cost leadership, differentiation and focus, and the value chain.
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The document discusses strategy formulation and related concepts. It covers types of strategies like corporate and business unit strategies. It also discusses Porter's five forces model and how it can be applied to analyze threats from new entrants, substitutes, bargaining power of suppliers and buyers, and rivalry among existing competitors. The document provides examples analyzing the soft drink industry and Coca Cola's strategies. It also discusses formulating smart goals and the role of business intelligence in strategic decision making.
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This document discusses the three levels of strategic management - corporate, business, and operational.
The corporate level focuses on the overall plan for the organization and strategic business units. Strategy at this level involves conceptual decisions. The business level determines how each business unit will compete and allocates resources. Operational level strategies improve internal functions like manufacturing and marketing.
Effective strategic management requires coordination across all three levels to improve profitability.
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This document discusses strategic planning and provides guidance on developing an effective strategic plan. It explains that a strategic plan should be outward looking, based on solid market research, and have buy-in from all staff. The strategic planning process involves analyzing the industry, identifying stakeholders and strategic partners, and developing goals and key performance indicators. Operational plans then translate the strategic plan into specific actions and tasks. Individual employee goals are also linked to the operational plans. Regular review and reporting is important to ensure the plans remain on track and aligned with the organization's vision and mission.
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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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The document discusses various components of strategy implementation including organization structure, changing structures and processes, corporate culture, and strategy evaluation. It provides an overview of different organization structures that can be used for strategy implementation such as entrepreneurial, functional, divisional, SBU, matrix, network, cellular, and modular structures. It also discusses Mintzberg's 5Ps of strategy including plan, ploy, pattern, position, and perspective. The McKinsey 7S framework is introduced as a tool to analyze how well an organization is positioned to achieve its objectives.
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ETOP is a technique of strategic analysis and choice which is helpful for the organizations to sustain in competitive environment.
Gluck has developed ETOP technique which involves to divide the environment into different sectors and then analyze the impact of each sector on the organization. Therefore, the strategist can draw a clear picture of different factors providing favorable impact on the organization.
ETOP helps the strategist to prepares profile of the environment by scanning the environment with its threats and opportunities and then formulate the strategy.
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It consolidates and strengthens organization’s position
It provides the information to the strategist regarding which sectors have favourable impact on the organization.
It helps organizations to know where it stand with respect to its environment.
It helps in formulating appropriate strategy.
It helps in formulating SWOT analysis
To prepare ETOP it is important to divide the entire organization into different sectors.
Analysing the impact of each sector on the organization.
Subdividing each environmental sector into sub factor.
Impact of each sub factor on organization in the form of a statement.
ETOP analysis provides information about environment threats & opportunities & their impact on strategic opportunities for the company.
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The corporate level focuses on the overall plan for the organization and strategic business units. Strategy at this level involves conceptual decisions. The business level determines how each business unit will compete and allocates resources. Operational level strategies improve internal functions like manufacturing and marketing.
Effective strategic management requires coordination across all three levels to improve profitability.
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The document discusses strategic control, which involves tracking strategy implementation and making adjustments. It describes establishing standards and monitoring performance, evaluating results and taking corrective action if needed. Key types of strategic control include premise control, special alert control, implementation control, and strategic surveillance. Strategic surveillance involves monitoring various information sources to uncover unexpected factors that could impact strategy. The case study describes how Citicorp uses strategic surveillance control to closely monitor political announcements and market intelligence from its international branches for signs of changing financial conditions in host countries that could affect its strategy regarding exposure to third world loans.
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This document discusses strategic planning and provides guidance on developing an effective strategic plan. It explains that a strategic plan should be outward looking, based on solid market research, and have buy-in from all staff. The strategic planning process involves analyzing the industry, identifying stakeholders and strategic partners, and developing goals and key performance indicators. Operational plans then translate the strategic plan into specific actions and tasks. Individual employee goals are also linked to the operational plans. Regular review and reporting is important to ensure the plans remain on track and aligned with the organization's vision and mission.
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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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The document discusses various components of strategy implementation including organization structure, changing structures and processes, corporate culture, and strategy evaluation. It provides an overview of different organization structures that can be used for strategy implementation such as entrepreneurial, functional, divisional, SBU, matrix, network, cellular, and modular structures. It also discusses Mintzberg's 5Ps of strategy including plan, ploy, pattern, position, and perspective. The McKinsey 7S framework is introduced as a tool to analyze how well an organization is positioned to achieve its objectives.
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Strategic management is the management of an organization’s resources to achieve its goals and objectives.
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ETOP is a technique of strategic analysis and choice which is helpful for the organizations to sustain in competitive environment.
Gluck has developed ETOP technique which involves to divide the environment into different sectors and then analyze the impact of each sector on the organization. Therefore, the strategist can draw a clear picture of different factors providing favorable impact on the organization.
ETOP helps the strategist to prepares profile of the environment by scanning the environment with its threats and opportunities and then formulate the strategy.
ETOP helps organization to identify O-T
It consolidates and strengthens organization’s position
It provides the information to the strategist regarding which sectors have favourable impact on the organization.
It helps organizations to know where it stand with respect to its environment.
It helps in formulating appropriate strategy.
It helps in formulating SWOT analysis
To prepare ETOP it is important to divide the entire organization into different sectors.
Analysing the impact of each sector on the organization.
Subdividing each environmental sector into sub factor.
Impact of each sub factor on organization in the form of a statement.
ETOP analysis provides information about environment threats & opportunities & their impact on strategic opportunities for the company.
The profile contains mainly 3 issues, they are-Forecasting, Verbal - Written information & Management Information System (MIS)
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Strategic management involves four key components: environmental scanning, strategy formulation, strategy implementation, and evaluation and control. The process begins with assessing internal and external factors, then formulating objectives and strategies. Implementation involves developing programs, budgets, and procedures. Finally, performance is monitored and strategies are adapted based on evaluation. The overall process aims to determine the organization's long-term path and manage change.
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This document outlines a presentation on strategic planning. It defines strategic planning as a disciplined effort to produce fundamental decisions and actions that shape an organization's goals and strategy. The key points are:
- Strategic planning involves determining long-term goals, objectives, and allocating resources to achieve them.
- It is a participatory process to develop a shared vision and hold people accountable.
- Developing a strategic plan follows steps like assessing the situation, creating a mission/vision, developing strategies/goals/objectives, and implementing and evaluating the plan.
- Strategic planning in nursing helps set formal plans, improve communication, and focus on quality outputs to enhance nurse performance.
Leadership and leadership approaches
This document discusses various approaches to leadership including styles, theories, and important concepts. It defines leadership as influencing others towards common goals and outlines democratic, autocratic, and laissez-faire styles. Important leadership theories covered include trait theory, behavioral theory, contingency theory, the managerial grid, and situational leadership theory. Likert's four styles of leadership are also summarized, ranging from exploitive-authoritative to participative.
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The document outlines the steps involved in developing a strategic plan, including gathering information through tools like SWOT analysis, defining the vision, mission, values and strategy, setting goals and objectives, and ensuring stakeholders understand and support the strategic vision. It also discusses the importance of benchmarking, developing action plans for each department, and periodically reviewing and adjusting the strategic plan.
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Strategic planning establishes organizational priorities and allocates resources to accomplish goals. It improves performance by focusing an organization and communicating priorities. A good strategic plan assesses the current state, sets goals and plans to close gaps between the current and future states. It should address critical issues, balance capabilities and goals, cover a sufficient time period, be visionary yet flexible to allow for change, and guide decision making. Key elements are the mission, guiding principles, value propositions, destination points, and areas of focus/strategies.
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Strategic planning involves developing a vision and mission, setting objectives, crafting a strategy, implementing and executing the strategy, and evaluating performance. A company's strategy consists of competitive moves, operating approaches, and action plans to achieve performance targets. Strategic planning addresses where the company currently stands, where it wants to go, and how it will get there. The strategy is constantly evolving due to changing market conditions, competitors, technologies, and other factors.
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Strategic evaluation and control is the final phase of strategic management. It operates at two strategic and operational levels to assess consistency with the environment and pursuit of strategy. The purpose is to evaluate strategy effectiveness in achieving objectives. It tests strategy effectiveness and keeps the organization on track to objectives through feedback and corrective actions. Strategic evaluation involves participants across the organization and provides lessons for new planning, though barriers like measurement difficulties must be addressed.
Hierarchy of strategies
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Strategy implementation refers to the activities within an organization to execute its strategic plan. This involves translating the chosen strategy into organizational actions to achieve strategic goals. Key aspects of strategy implementation include developing organizational structures, control systems, and culture aligned with the strategy. It also involves assigning tasks and roles to employees to maximize efficiency, quality, and customer satisfaction. Successful strategy implementation depends on factors like organizational structure, resource allocation, leadership styles, and procedures. It is important that implementation responsibilities are shifted to divisional and functional managers who were involved in the strategy formulation process.
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Strategic Planning Process
- 1. PRESTIGE INSTITUTE OF MANAGEMENT GWALIOR PRESENTED BY: DEEPANSHU GOYAL DEVENDRA SINGH RATHORE MEGHNA SHARMA SHRESHTHA SONI
- 3. STRATEGIC PLANNING is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy.
- 4. Mission & Objective Environmental Scanning Strategy Formulation Strategy Implementation Evaluation & Control STRATEGIC PLANNING PROCESS
- 6. Mr. Nobody tells DOM that if he want Shaw, then he need to obtain the God's Eye, a computer program that uses digital devices to track down a person, and save its creator, a hacker named RAMSEY. The MISSION was to find out SHAW & OBJECTIVE is to obtain RAMSEY from MOSE JAKANDE (MERCENARY)
- 8. They does the ENVIRONMENTAL SCAN (SWOT analysis) in this clip. They find out the strength, Weaknesses in there team & looked out for opportunities & threats at the Party.
- 10. They had done the STRATEGY FORMULATION in this scene. DOM’S team formulated strategy for saving the RAMSEY from JAKANDE & they want the hacking device back from JAKANDE.
- 12. This clipping shows the STRATEGY IMPLEMENTATION. The team DOM, BRIAN, LETTY, ROMAN PEARCE, and TEJ PARKER airdrop their cars over the Caucasus Mountains in Azerbaijan to save the RAMSEY from the MOSE JAKANDE.
- 14. The last step of process is EVALUATION & CONTROL. In this scene the SHAW is taken into custody by HOBBS and locked away in a secret, high-security prison, 32 meters’ underground. There was proper control, that’s the reason they caught the SHAW.
- 15. BENEFITS OF STRATEGIC PLANNING Focus Coordinated Action Control Time Management
- 16. CONCLUSION