Essay on Models of Strategic Planning

1992 Words Nov 9th, 2015 8 Pages
Introduction
Strategic planning determines where an organization is going over the next year or more, how it's going to get there and how it'll know if it got there or not. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program.
There are a variety of perspectives, models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization's leadership, culture of the organization, complexity of the organization's environment, size of the organization, expertise of planners, etc. For example, there are a variety of strategic planning models, including goals-based,
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The model usually includes the following overall phases:
1. Develop or update the mission and optionally, vision and/or values statements.
2. Take a wide look around the outside and a good look inside the organization, and perhaps update the statements as a result.
3. As a result of this examination, select the multi-year strategies and/or goals to achieve the vision.
4. Then develop action plans that specify who is going to do what and by when to achieve each goal.
5. Identify associated plans, for example, staffing, facilities, marketing and financial plans.
6. Organize items 1-3 into a Strategic Plan and items 4-6 into a separate one-year Operational Plan.
Model Two - Issues-Based Strategic Planning
This model works best for organizations that have very limited resources, several current and major issues to address, little success with achieving ambitious goals, and/or very little buy-in to strategic planning. This model might include the following phases:
1. Identify 5-7 of the most important current issues facing the organization now.
2. Suggest action plans to address each issue over the next 6-12 months.
3. Include that information in a Strategic Plan.
After an issues-based plan has been implemented and the current, major issues are resolved, then the organization might undertake the more ambitious conventional model. Many people might assert that issues-based

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