Notes on strategic planning pdf

Strategic planning capacity building for local ngos. Value changes tend to have a greater magnitude of influence on the mine economics than. A handbook for implementation has been developed as a companion volume to a handbook for strategic planning department of the navy total quality leadership office publication no. The corporate strategic planning process the corporate strategic planning process is a disciplined and welldefined organizational effort aimed at the complete specification of corporate strategy. It is necessary to have a strategic plan for your chapter or. Strategic groups are defined by firms operating similar strategies or competing on similar bases. It goes on to provide indepth guidance on the steps involved as outlined in the box below. But we will also encourage you to take responsibility and initiative for how you implement those strategies on a daytoday tactical level. Feasible plan 2 initial staff 60, schedule 30, budget 1800 best choice depends on corporate strategy. Summary strategic management chapter 19 exam 15 may 2014, questions exam 12 may 20, questions business economics revision notes multiple choice questions strategic management notes on book pages 2 30.

It can be a single page or fill up a binder, depending on the size and complexity of the business and work. A strategic plan is an overall defined course of organizational action for a set period of time that guides daytoday decisionmaking and activity. This involves data gathering around the operating environment, supply markets, and key risks. The distinction between strategic thinking, strategic management and strategic planning 45 strategy in actionquick strategic thinking in unfavourable circumstances45 strategy in actionsony the disruptive innovator 50 principles for the successful use of strategy 61 finding the right strategic mix of entrepreneurial creativity and. Terms, such as singleuse plans, continuing plans, policy. Return to contents list strategic market planning a strategic marketing plan is an outline of the methods and resources required to achieve organizational goals. Committing ourselves to the planning process is different than committing ourselves to a plan. Lecture notes strategic management i sloan school of. Strategic planning is based on extensive environmental scanning. This planning feeds into strategic framework and programme budget documents for each department. Strategic thinking and subsequent management must result in action. It is more preferable, and efficient than maintaining a different planning staff or department.

University, took the entire strategic planning establishment to task in his book, the rise and fall of strategic planning. Strategic planning is a disciplined process for making key decisions and agreeing on actions that will shape and guide what an organisation is, what it does, and why it does it. Approaches, challenges, international frameworks welcome to module 1 of the esp programme. These set the direction for the organization, and provide a test to see whether a specific strategy fits the company. Strategic management lecture notes,ebook,pdf download for mba. Porters frameworks and the resourcebased view of the firm pdf 1 1. This uses the data gathered to develop and screen potential strategic procurement options for their suitability, acceptability, and. Biyanis think tank concept based notes human resource planning mba partiii megha maheshwari surbhi mathur. It is a plan for meeting challenges posed by the activities of competitors and environmental forces.

Missions can be accomplished safely and efficiently, provided that a high degree of preplanning, risk analysis, and management is applied. The effective practitioner has the unique ability to apply the various toolsboth scientific and behaviorto maintain a motivated. It involves analysis of economic developments, scanning of the political, legal and technical changes, competition etc. He indicated that strategy is a plan, a pattern, a position, a perspective and, in a footnote, he indi. This is because, at the mba level, it is not sufficient to know about the subject it is necessary to be able to apply ideas in order to carry out strategic analysis of real problems. Strategic planning and implementation, strategic planning.

Quality leadership tql coordinators, and strategic planning facilitators in leading the strategic management process. Feasible plan 1 initial staff 50, schedule 35, budget 1750. Work done at the unit, departmental or project level must be approved by the staff management team of the organisation the structure directly accountable to the board. Strategic planning is systematic procedure to establish the long term objectives of an organization and the policies and strategies that oversee the achievement, use and disposition of resources to accomplish the vision and mission of firms. And he has given us examples in his word to follow. Alex scotts executive teaching includes running strategic planning sessions for. By working on a strategic plan together a team can. That is, a strategic plan is a road map to lead an organization from where it is now to where it would like to be in five or ten years. Strategic planning strategic planning toolkit by janet shapiro email. Relies on input from internal and external stakeholders. Strategic planning allows an organization to make fundamental decisions or choices by taking a longrange view of what it hopes to accomplish and how it will do so. Overview of planning toolkit on overview of planning by janet shapiro email. Mba strategic management lecture notes pdf download mba 3rd. Strategic planning and firm performance as discussed earlier, previous studies have identified the important of strategic planning on performance.

It covers planning to do strategic planning, covering the background issues that need to inform. Planning task force is most often formed when the organization requires addressing special circumstances. A strategic plan is built on a thorough analysis of the organizations existing structure, governance. Strategic planning process forms of strategic planning. Planning is the systematic process of establishing a need and then working out the best way to meet the need, within a strategic framework that enables you to identify priorities and. Using a handbook for strategic planning, the senior leadership team can complete most of the planning. Those organizations that do not perform the function of. The chapter briefly defines strategic planning and outlines some benefits that can be gained from the process and its product. Strategic and tactical mine planning components due to these issues, it is generally seen that value changes tend to be greatest in the strategic area planning, whereas cost and efficiency changes tend to be predominant in the tactical area the doing.

Strategic planning lecture notes, lecture 9 pers 2200. Combatant commands develop campaign plans that outline their vision for integrating and synchronizing military activities and operations with the other instruments of national power to attain national strategic ends. On a more positive note, there are many informal and formal associations and organizations in. A good strategy drives focus, accountability, and results. A strategy gives direction to diverse activities, even though the. The plan failed, not because we failed to plan but we failed to. God has given us a mission that requires us, his leaders, to plan. Strategic managementunit i strategy and process 9conceptual framework for strategic management, the concept of strategy and thestrategy formation process stakeholders in business vision, mission and purpose business definition, objectives and goals corporate governance and socialresponsibilitycase study. Strategic management notes lecture notes, lectures 1.

Using a handbook for strategic planning, the senior leadership team can complete most of the. Hr planning as a strategic processemployees as resourcesgoal attainment, linking hr process to strategy, involvement in strategic. Failing to plan is a plan to fail a question to consider. Detailed planning for tendering purposes and the preparation of construction needs to be conducted through brainstorming sessions among the planning team. Strategic management lecture notes,ebook,pdf download for. This chapter on the strategic management and strategic planning process provide an insight on the basic knowledge on what is strategy and strategic management. Get complete strategic management books, ppt, courses, case study, mcq, syllabus, question paper, questions and answers. Aug 31, 2019 a strategic plan is a document that establishes the direction of an organization. Strategic planning is an essential process in preparing to carry. External input gathering external issues scanning and client segmentation analysis the first step in strategic planning is to gather the information needed to understand. It is essential that all aviation operations be planned with the utmost consideration given to safety and operational efficiency. Hr planning as a strategic processemployees as resourcesgoal attainment, linking hr process to strategy, involvement in strategic planning process, strategic hr planning model, staffing. Pdf this chapter on the strategic management and strategic planning. Planning is an important aspect of strategic thinking and management.

It is a projection into environmental threats and opportunities and an effort to match them with organisational strengths and weaknesses. Strategic planning often is done preevent, based on previous experience and expertise. Strategic planning edinburgh business school v using the course package it is widely accepted that strategic planning is extremely difficult to teach effectively. Note that high quality production is those products and. A definition of strategic planning strategic planning is a tool for organizing the present on the basis of the projections of the desired future. Introduction to strategic leadership 3 in strategic leadership, we will help you develop that bigpicture understanding of how to guide your actions. Specifically, to integrate the different functional areas of business e. Strategy is the complex plan for bringing the organization from a given state to a desired position in a future period of time. It also involves careful examination of all strategic issues, including the business environment, the market itself, the corporate mission statement, competitors, and organisational capabilities. Pdf strategic management and strategic planning process. Strategic management notes pdf, book, paper mba 2020. Define strategic management and its four key attributes define. Strategic planning is planning for long periods of time for effective and efficient attainment of organisational goals. Strategic management notes lecture notes, lectures 1 20.

Strategic planning notes by module produced by barry neary dec. Building a foundation for your future 2 introduction this workbook is designed to help producers become more familiar with how to construct a strategic marketing management program for their business. Strategic planning includes all measures taken to provide a broad picture of what must be achieved and in which order, including how to organise a system capable of achieving the overall goals. The emphasis on profit centres, should promote clear accountability, longer planning horizons, and the development of. There were seminal work on strategic planning and its contribution for better performance of organization, whether by testing unidimension or multidimension. Strategic groups are organisations within an industry or sector with similar.

All the chapters contain practical examples of the application to real company. Download strategic management notes pdf for mba 2020. Pdf strategic planning, in the form of school improvement planning, has become the dominant approach to school management in english schools. Jagdish sheth, a respected authority on marketing and strategic planning, provides. The strategic procurement planning approach described in this note follows three main steps. Hi fellas, check out this superb ebook on strategic management for mba and management students. These characteristics are different from those in other strategic groups in the same industry or sector. Introduction to strategic planning replaces developing a strategic business plan the material in this publication may not be reproduced or transmitted in any form or by any means electronic, mechanical, photocopying, recording or other without the prior written permission of the u. When a new team or unit is to be established, it is imperative to develop a strategic plan at the very outset. It is necessary to discuss strategic market planning and marketing early in the course. Focused on change and adapting to actual or perceived changes. Note that this is your vision for the community, not your vision of what the organization will look like in three to five years or more that comes later. Corporate strategy is the pattern of decisions in a company that. Mar 20, 2017 marketing planning involves setting objectives and targets, and communicating these targets to people responsible to achieve them.

Porters frameworks and the resourcebased view of the firm pdf 1. He indicated that strategy is a plan, a pattern, a position, a. Within the departments and offices, it means aligning a division, section, unit or team to a higherlevel strategy. A strategic market plan gives direction to a firms efforts and better enables it to understand the dimensions of marketing research, consumer analysis, and product, distribution, promotion, and price planning, which will be discussed in later classes. In effect, mintzberg declared strategy did indeed have several meanings, all of which were useful. The inputs and outputs of the planning process are shown in figure 1. Mba strategic management lecture notes pdf download mba. Many plans are simply filed away because of their obsolescence after the first month or so.

There are few lecture notes with me that i will share later. Strategic thinking and strategic management strategic planning is only useful if it supports strategic thinking and leads to strategic management and, even more importantly, execution. If the workshop is residential, use the evenings for colloquia or meetings. A marketing plan deals primarily with implementing the market strategy as it relates to target markets and the marketing mix.

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