What is Strategic Planning Essay

"Strategic planning is a disciplined effort to produce fundamental decisions shaping the nature and direction of governmental activities within constitutional bounds" (Olsen and Eadie 1982). The purpose of this paper is to describe in detail the process of creating and implementing a strategic plan in the public sector (Dougherty County School System). The steps and approaches taken for strategic planning in a public sector assists organizations with the constant changes to their environments. The public sector strategic planning process provides a useful framework for review of the private sector approaches to strategic planning in the public sector; the efficiency and effectiveness of the government is also an outcome of strategic planning…

Similarly, Mathews (2015) defines the terms strategic planning refers to the process of making a business profitable both in the short-term and long-term time horizons. When doing strategic planning for family businesses, it is important to incorporate family preferences and concerns…

University of Tennessee 5-yr Strategic Plan What is Strategic Plan? According to the Cambridge Business English Dictionary, a strategic business plan can be defined as: “a process in which a company’s executives decide what they want to achieve and the best actions and use of resources for doing this” ("strategic planning” - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)," n.d.). The business dictionary-a business version of the Dictionary.com internet based…

trategic Thinking and Planning Strategic thinking and strategic planning are critical to an organization's success. It is at the core of the Board of Directors (BODs) and Executive Directors(EDs) in building and maintaining good governance. EDs of nonprofit organizations (NPOs), more than not is the leading role in the developing strategic planning and the BODs role is to engage in the developing process of the plan, evaluate and approve the plan. It is vital that the EDs engage and…

1. Discuss the accuracy of this statement: Formal strategic planning systems are irrelevant for firms competing in high-technology industries where the pace of change is so rapid that plans are routinely made obsolete by unforeseen events. Formal strategic planning systems are not the best when competing in high-technology industries where the pace of change is so rapid that plans are routinely made obsolete by unforeseen events. Strategy is important in any business for the benefit of success. …

Companies big or small all have a vision. There is a purpose for their existence and they have goals they must accomplish in order to be successful. In order to achieve those goals there must be a plan. Strategic planning happens in all types of business. It is a crucial element that if not done correctly, or not monitored could be the reason for a failing company. A company develops a strategic plan in the beginning but as time goes on it can change. This paper will go over the major concepts…

Although effective leadership entails many crucial elements, establishing and implementing a shared organizational vision may be more vital today than in any other era in the history of healthcare. Given all the external changes affecting the health care industry these days, having a strategic plan in place, should articulate key strategic issues, and provide a roadmap to the organization's vision for the future, as well as a game plan to get there. SP is the way to go, it does offer health care…

Strategic planning is a useful tool that will help determine the changes that the organization will have to make and how to accomplish them for future growth. Usful Glassworks lacked in strategic planning which lead it to close the doors. Carlyn Blake should have gathered the necessary data to create a bulletproof plan. Such data includes; the number of staff needed, appropriate salaries, income levels needed to support growth and change, and what efforts will be needed in fundraising. Growth…

Strategic planning is imperative in an organization. Strategic planning is a process of defining the organizational strategy and providing a direction. Through the strategic planning process, it is easy to make decisions on how the resources in an organization will be used. Strategic planning also provides guidelines on how the process of strategic implementation will be implemented. The strategic planning is mainly determined by resources available in the company and the priorities that the…

At one point in history the idea of strategic planning was identified with planning and maneuvering large military operations into a position of advantage before a battle with an enemy began (Evans, n.d.). Today strategic planning is still used for war, but has been adapted to deal with another enemy, that enemy being the challenges and competition an everyday corporation or business leader faces. If leaders are to implement strategic planning within their organizations great success in…