2 workbooks
saraalhamdan
Planningorganizationallevel4.pptxPlanning Organization
Level 4
Agenda
What is strategic planning?
Strategic planning process
Strategic frameworks
Theory
Recap
Questions
Close
What is Strategic Planning
Strategic planning is the process of documenting and establishing a direction of an organization.
Strategic planning assess where the current and future plans of the organization.
The strategic plan include the organization’s mission, vision, and values, long-term goals and the action plans necessary to achieve the goals.
Resource allocation is a key input in realizing a successful plan.
Definition of strategic planning as it applied to organizational planning
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Elements of a Strategic Plan
Mission statement
Vision statement
Values
Business success factors
Situation analysis
Long-term objectives
Forecast
The components of strategic planning. The elements that constitute strategic planning include mission statement, vision statement, values, analysis, long-term objectives, and tactical iniation.
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Steps of strategic Planning Process
Delegates to explore the five steps of strategic planning process in groups
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Goal-setting
Set SMART goals
Align goals with organization’s values
Consider organization's mission and vision
Highlight short-term goals
Forecast long-term goals
Focus on the resources
Strategic planning promotes SMART goals and evidence-based
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Strategic Frameworks
Use SWOT analysis to identify strengths, weaknesses, opportunities, and threats.
SWOT analysis investigates both internal and external business environment
Use PEST analysis to assess political, economic, social, technology to assess the external environment.
Balanced scorecard accounts for objectives, measures, and iniatiatives.
Strategic frameworks helps to analyze the relevancy and viability of organizational plans
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Strategy Formation
Process the SWOT analysis to identify priorities
Consider organizational goals
Assess departmental goals
Formulate a budget for short-term goals
Identify key performance indicators
Team goals
Strategy formation is building the actual strategic plan
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How Planning Organization Develops Strategic Plans Considering Short-term Requirements
Short-term goals reflect the outcomes of plan formulation
Processing the SWOT analysis identifies the priority areas which translate to short-term goals
Team development and human resources define the short-term requirements of a strategic plan
SMART organizational goals are short-terms and inform the formulation of strategic planning
Short-term requires inform plan formulation stage and its outcomes
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Strategic Planning Cycle
Delegates to explore strategic planning cycle
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How Planning Organization Develops Strategic Plans Considering Long-term Direction
Organizational planning accommodate long-term goals as business strategy
Long-term plans are factored in after implementation of short-term business strategy
Builds on short-term strategic plan as the planning process has progressive steps
Competitive advantages and long-term objectives influence long-term strategic plans
Long-term goals relate with organization’s mission and vision
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Theory
Henry Mintzberg's 'Five Ps for strategy
Views strategy as plan, play, pattern, position, and perspective.
Long-term goals and short-term goals are components of a business strategy
Henry Mintzberg's 'Five Ps for strategy encompasses both long-term and short-goals
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Strategy Monitoring
Progressive reviews and feedback help to monitor the progress.
Monitoring and evaluating the progress using goal-based strategies.
Review and adapt the strategic plan to changing needs and dynamic environment
Make adjustments and initiate change based on feedback
Make adjustments. Initiate change based on feedback.
Encourage feedback from stakeholders to ensure effective strategy implementation
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How Planning Organization Ensures Sufficient Resources Are Available To Achieve Set Objectives
The implementation stage of strategic planning ensures all employees have their roles and responsibilities clearly defined.
Managers set aside budget allocations that cater for the project from initiation to completion.
Goal-setting is influenced by available resources, meaning the set objectives reflect the financial, human, and other resources as necessary.
The planning process account for the available resources so meet the requirements for both short-term and long-term objectives.
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Strategic resource allocation
Identify urgent needs and priority goals
Assess organizational culture and structure
Evaluate strategic requirements based on strategic planning
Allocate resource using requirement priority
Resource allocation as an input factor in strategic planning
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Deciding on Resource Allocation
Focus on the urgency and prioity of achieving set objectives
Evaluate the need of resources for a given activity based on;
Why
Where
When
How
What, and
Who questions
Evaluate the why, where, when, how, what, and who of strategy implementation to identify the priority goals (short-term goals)
Allocate resources using the goal-priority index obtained during the ? Analysis.
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How planning organization allocates quality time to provide adequate guidance and supervision
The organization’s vision is always a long-term objective that gives leaders enough time to acquire the right competencies and experiences
Experiences and competent leaders ensure successful guidance and supervision to achieve the set objectives
Leadership in Planning
The organization’s vision is always a long-term objective that gives leaders enough time to acquire competencies and experiences necessary for successful guidance and supervision.
Strategic leadership refers to a manager's potential to express a strategic vision for the organization, or a part of the organization, and to motivate and persuade others to acquire that vision.
Prioritize competent leadership to guide the team to achieve the strategic goals.
Strategic leadership is also utilizing strategy in the management of employees to achieve some set goals.
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Recap
Strategic planning is crucial for both short-term and long-term goals.
Short-terms goals necessitate prioritized resource allocation.
Both human resources and capital resources determine the ranking of organization’s goals.
Use strategic planning frameworks for both external and internal business environment
Recap the presentation and close the coaching session
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Questions
How does emerging needs affect the strategic planning process?
What are the emerging trends in modern strategic planning?
What is more important between strategic plan and adequate resources?
Ways in which prioritized resource allocation affect long-term goals?
Delegates to ask questions and seek feedback
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