Strategic Planning Process

Improved Essays
Introduction The management function of planning constitutes the basic fundamental function of management. Organizations formulate one or more detailed plans to achieve optimum balance of needs or demands with the resources available in this primary phase which is planning. Planning provides guidance for the organization by bridging the gap between where an organization is and where it would like to go (Newbrander, Peercy, and Vergeer, 2012). The management function of planning can be studied in four major subjects which are strategic planning, operational and tactical planning, contingency planning and scenario planning. This paper reviews various articles on each one of the themes and their application in different industries and management …show more content…
He first presents the four phases of what he calls traditional strategic planning, where the organization first scans the internal and external environments to determine strength, weakness, opportunities and threats; also identifies past and present trends. Secondly, management defines long-term objectives and short-term goals based on the information gathered during environmental scanning. The third phase is to generate implementation, spell out in details the necessary steps to achieve the goals and objectives. In the final phase, management evaluates and control, keep tract of the obstacles that arise during the implementation process, and make adjustments where needed. Secondly, Roth (2015) presents another approach to planning: reactive, inactive, preactive, and interactive stressing the interactive planning. The planner focuses on designing organizations capable of monitoring continuously the changes in the environment and adapting to them. Roth (2015) concludes that instead of beginning strategic planning effort by scanning the environment, organizations tend to define long-term objectives and short-term goals at the beginning of the interactive planning, hence shaping the organization to efficiently and effectively deal with and take advantage of continuous …show more content…
(2012) present new mathematical model, which considers different time resolution, using hypothetical numerical examples for strategic planning. Here the model is designed for a production-distribution network with multiple commodities, and the network echelons are suppliers, productions units, warehouses and customers. The proposed model determines the network expansion mode and the production and distribution planning, but the strategic decisions of the proposed model are the network design and expansion which are made in low resolution. Strategic planning in supply chain management, where a mathematical model is developed for the design and expansion planning of a four echelon dynamic production-distribution network; and also expansion of supply chain restricted to cumulative net incomes. Decisions are made about supplier selection, facility, and quantity of raw material to be supplied so on and so forth. The hypothetical numerical example illustrates the proposed

Related Documents

  • Improved Essays

    In my professional career, I have a small amount of experience in strategic planning. When I worked for North Shore-Long Island Jewish Hospital as a senior analyst, I had the opportunity to contribute to my company’s strategic plan. North Shore-LIJ is one of the nation’s largest health care systems. The company needed to improve the strategic plan for handling patient appointments. At the time, North Shore-LIJ was experiencing problems with placing appointments for patients.…

    • 503 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Have you ever wondered why you need a plan? If you don’t have a plan, I can assure you that you will not succeed. Planning is preparing a sequence of action steps to achieve some specific goal. A plan is needed for survival, good decision making, and success.…

    • 503 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The Strategic Master Plan

    • 183 Words
    • 1 Pages

    The USAF remains dominate by constantly changing and improving. The Air Force officially released the Strategic Master Plan which is the latest in a series of strategic documents designed to guide the organizing, training and equipping of the force over the coming decades. “The SMP builds on the strategic imperatives and vectors described in the capstone document, America’s Air Force: A Call to the Future, released last summer. From this guidance, the SMP articulates 12 strategic goals for the institution, with supporting objectives and tasks laid out for each goal. “One of the most important things the Strategic Master Plan accomplishes is tightening the alignment of our planning activities across the Air Force toward a common set of goals,”…

    • 183 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    How does a health care organization implement a strategic plan? What guidelines should be followed? While many healthcare organizations have good strategic plan, it is often during the implementation process that most of them fail. The success of a strategic plan is not only in the planning process but also in the implementation process as Voelker, Rakich & French noted “many organizations develop excellent strategies but fail to implement them effectively” (Voelker, Rakich & French, 2001). Implementing strategic plan is the responsibility of the CEO and the senior level management team.…

    • 282 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Oxfam Swot Analysis

    • 905 Words
    • 4 Pages

    So the different strategies are taken to establish the business in this competitive age. Strategic planning is one of them and its effectiveness varies on what type of organisation and what are their mission, vision…

    • 905 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    The chain of Command in the policing, meaning in ranks from officers to sergeants, lieutenant, captain, major, assistant of chief, and the chief. Strategic planning: Simply is the identification of goals and objectives and determination in how they going to accomplish and how are they going to do it? Planing is a base strategy plan and common in the traditional department. Generally has two components. First departments attend calls as traditional, little emphasis is placed on the problem identification or the problem solving, is more status quo policing.…

    • 110 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Creating a strategic plan is not sufficient to implement it throughout the organization. The plan should include what should be done, how it should be done, where, when, why and by whom the implementation process should be done. Implementation issues should be taken into consideration when starting the strategic plan process so that it can be carried out efficiently and successfully. Implementation processes should also start as early as possible and not wait until the strategic plan has been completed before beginning…

    • 1058 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Planning is very important when people plan they are more likely to be successful in the future. People are more likely to know what to do in difficult situations. Without a plan, the organization would be a complete failure. If a person does not have a plan, they will not have any idea on what to do in any situation. I would rather know than to wonder or even guess.…

    • 915 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Risk Management Benefits

    • 1288 Words
    • 5 Pages

    Strategic planning is the process which creates the risk management system. They go hand in hand. This planning must be accomplished in order to create the plans in place to protect the nation. Sound analysis must occur in order for a strategic plan to come together correctly and accurately. Strategic planning articulates missions and goals, what they will do to achieve that goal and also puts steps in place to evaluate progress and performance (Strategic planning, 2015).…

    • 1288 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Strategic planning is a process where a company can define its purpose and direction, but also it helps a company define their goals and objectives for the entire company (Sexton & Van Auken, 1985). I truly believe that strategic planning is the first team in developing a successful risk management system. The entire company should understand where the company is and where the company wants to be; all the employees should be aware of how to achieve the goals of the company. However, when there are risks that arise either internal or external, it would dramatically affect the chances that the company is going to reach its end result successfully. Therefore, before a hurricane hits a company should implement strategic planning in order to identity the goals of the company and how the hurricane with affect those…

    • 480 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    The planning function of management is the process of setting goals and achieving these goals over a certain period of time. Boeing sets goals for each individual department of its company. By planning and setting goals, Boeing can avoid problems and unexpected things that may occur in the future. With the Boeing Company being so large, they are required to plan extensively to run and operate a successful business. When a plan is set, Boeing managers communicate with all the departments accordingly to make sure everyone is on the same…

    • 1104 Words
    • 5 Pages
    Superior Essays
  • Superior Essays

    In this paper, I am going to talk about what should a value chain look like in a healthcare organization, and then I will explain how it works. After I will provide an example of an organization with its value chain. Later I will provide step-by-step how it could fix a problem it has. In summary, I will provide evidence of how it would successes and recommendations how to prevent the same problem in future.…

    • 1041 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Strategic planning is a development in a business that is comprised of goal planning that are short and long in term. The formality is incorporated when goal planning is developed with a set mission statement along…

    • 1170 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    12-Hour Shifts: Good or Bad? Over the last few years, many have questioned whether 12-hour nursing shifts provide more benefits or drawbacks to organizations. Most of the nurses working in hospitals, emergency departments, and long-term care facilities are working 12-hour shifts for three consecutive days and then spend the following four days off (“12-Hour Nursing Shifts vs. 8-Hour Nursing Shifts,” 2014). Nurses that work 12-hour shifts receive more time off to spend with their families and friends.…

    • 766 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    INDIVIDUAL ASSIGNMENT Q: Please explain/discuss the Mintzberg’s Modes of Strategic Decision Making by using the real example. Strategic management is a set of managerial decisions and actions that determines the long-run performance of a corporation. While, the strategic decision making is the process of developing and putting into action choices that will influence the long-term future of the organization. These choices often involve major organizational changes and large resource commitments that are difficult to reverse once they are implemented. There are four modes/approaches of the Mintzberg’s Modes of Strategic Decision Making which is entrepreneurial mode, adaptive mode, planning mode and logical incrementalism mode.…

    • 977 Words
    • 4 Pages
    Improved Essays