Planning

Introduction Executive managers in nearly every industry encounter special event planning. “Special events revolve around a specific purpose for the company or client, such as introduction of a new product or celebration of reaching a company goal. They might be held to thank, recognize, and sell to the company’s clients or customers” (Institute for Career Research, 2005, p. 11). Many different techniques can be used to plan and host special events, and managers must be flexible in the methods…

create the perfect plan to ensure that the festival returns annually and does not go out of business. The most crucial process of the event is the process of planning and decision making, particularly because if the fact that they changed the duration of the event from one day, to three days in 2008. Due to this change, the process of planning and decision making has most probably undergone multiple changes causing it to become a much more complicated process.…

Effective strategic planning refers to attempts to fabricate basic actions and decisions that guide what an association is, whatever it does and the reason it does it (Earle, 2009). The objective of strategic planning is to ensure affiliates of an organization’s focus on the priorities and vision in reaction to the dynamic setting. Different organizations have exclusive external context, hence, developing an appropriate strategy is necessary for working in the right direction. Understanding the…

2.3.1 Strategic succession planning Strategic Succession is a systematic process of transferring leadership ownership or control of a business from one generation to another. Ideally the successor will fill the role of the predecessor, being fully compatible with the entity and perfectly function without interruption (Susan, 2011; Gature et al. 2013). Succession planning is a process for identifying and developing internal people with the potential to fill key business leadership positions in…

All strategic planning processes begin with a realistic assessment or self-examination of the organization, entity, or person. In fact, almost any substantive effort follows such an appraisal, evaluation, or comparably ascertained information with which to engender forthcoming decisions. Omitting this foundational step usually results in a substantial waste of resources as one collects essentially the same information through a disjointed series of highly inefficient, expensive, and…

Strategic Planning Process Introduction Apparently, in any organization strategic planning plays and instrumental role in determining the future of the business. The strategic planning is the process of coming up with steps that will ensure that the vision of an organization remain on cause in relation to different factors such as external and internal environmental (Job, 2012). In this case, strategic planning process involves four key steps which include Environmental Scanning, Strategy…

first thing to be considered when planning any event. It is important to know what and how the event is deemed successful. Objectives of any event can range from gaining business and sales, celebrating special occasions, raising awareness for a particular issue, educating others or even raising funds. The objectives of any event should be of a SMART one; as in specific, measurable, actionable, reasonable and time-sensitive. This can ensure a good start to planning of any events. Basically, every…

Long-Term Planning Long-term planning is essential for a business is to thrive and plan. Some organizations develop plans that are designed for a year, and some are meant for three to five years. When an organization creates plans, they typically streamline into strategic or operational plans. A strategic plan is normally intended for long term objectives. As Siciliano observes, “the plan is typically intended to drive the company’s strategy for several years, and serves as the basis for the…

times, there has been an interest to know what the future might bring. Anticipating the future is considered as a useful way to align and improve current strategies and this interest has been reflected in future studies, strategic planning, scenario thinking and planning, foresight, and futurology. There are many examples for previous foresight research at the industry level. Harty et al. (2007) provided a good review of thirteen future studies focusing on the construction industry and…

annual function. This essay will provide the necessary tools to do so. As President of a cultural based sorority, I had my fair share of planning events. The process can be time consuming and frustrating, but with attention to detail, organization of your budget, and the right planning, anyone can host a successful event. The initial process of planning is figuring out what kind of event you’ll be hosting. Will it be formal or informal? Will you be celebrating with family or with a variety…