¶ … alternative models to strategic planning? What are the pros and cons of these models? How successful have they been when organizations use them? 400 Words
Strategic planning processes have not always been perfect for organizations. In my papers for instance, I noted plans that I have for Dendro. They sound perfect and I have no changes to make to nay of them. However, alternative models to strategic planning are just s helpful. Strategic planning when done appropriately can be fine, but other times, alternatives may be needed and these include others such as engaging the board, getting everyone on the same page, getting buy-in from stakeholders, and so forth. Some of the alternatives are the following:
Focus on the questions that need answers
The organization (or Dendro in this case) can begin sessions with four or five questions that we want un ambivalent answers to and want to focus our session on. These questions should be styled in a yes / no type of manner. For instance the question of "How big do we want to be?" can be rephrased to, "should we aim to grow to 15 staff within the next 5 years?" Or "do we have the right people on board / sufficient resources to implement decision?" And so forth. Formulating these razor-sharp questions will far likely eventuate in razor sharp answers and direction rather than meanderings and vague conclusions.
The facilitator needs to know the core questions that need to be asked. These then need...
If a startup is being planned, the strengths and weaknesses are related mainly to the promoter(s) - their experience, expertise and management abilities - rather than to the project. The objective is to build up a picture of the outstanding good and bad points, achievements and failures and other critical features within the company. Threats & Opportunities The external threats and opportunities confronting a company, can exist or develop in the following
Strategic Planning Management Health Systems Two financial metrics that can be used to understand an organization's financial capabilities for strategic initiatives are the ROI metrics and ROA? The ROI metrics address two measures which are resource investments and financial returns (Bloom, 2010). ROI metrics contribute innovation management financial discipline and aid in protect and recognizing the worth of strategic initiatives, programs and the whole investment in modernization. Companies with extremely effective
" Of these respondents, over 50% of them stated that they lack a disaster recovery plan (Anthes, 1998). However, most of the problems stem from the lack of communication at the corporate level. (Hawkins, et al., 2000). Business Continuity Plans (BCP) and other forms of strategic planning are no longer a luxury, but a must-have factor and an important element of any organisation's risk management system. Organisations are increasingly dependent upon
Strategic Planning May Successfully Aid the Patient-Centered Medical Home Model's Implementation and Value to Our Health Care System How Using Strategic Planning May Successfully Aid the Patient-Centered Medical Home Model's Implementation and Value to Our Health Care System In 1967, the AAP (American Academy of Pediatrics) introduced the concept of Medical Homes. These homes were at first assigned for obtaining children's medical records. Several decades later in 2002, the Academy expanded
If the cost values satisfy the symmetry, such that for any I and j ? V, cij = cji, then the problem is said to be symmetric VRP, else, it is called an asymmetric VRP. In several practical cases the cost matrix satisfies the triangle inequality, such that cik + ckj ? cij for any i, j, k ? V." (Toth and Vigo, 1998, cited in Vural (2003). Vural (2003)
business will face is strategic planning. This is because of shifts to the operating environment will have an impact on the profit margins. In the case of Research in Motion, the company has been experiencing a loss of market share to competitors (i.e. Google and Apple). At the same time, they have been trying to reach out to customers' through new mobile devices and applications. This has resulted in
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