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¶ … skills that are vital in the professional field. Moreover, positive group experience has contributed to my learning and academic success. This project has allowed me to know more about myself. Collaborating with others has helped me identify my strengths and weaknesses (Hudson, 2013). For instance, I am good at generating ideas although I am a poor listener. Enhanced self-awareness will support my approach to learning and will be valuable in completing job application forms.
This experience has enhanced my knowledge on strategic planning process. I have learned that the scheduling of the organizational strategic planning process relies on the needs and nature of the business, including its immediate external atmosphere. For instance, planning is regularly conducted in a firm whose offerings are in a rapidly modifying sector. In such a case, detailed and comprehensive planning is conducted once or even twice annually. The organization looks at all the aspects of strategic planning. These are the vision, mission, timelines, budgets, objectives, goals and strategies. However, if an organization has been in business for many years and is fairly stable, then, strategic planning could be conducted only once in a year. Also, the management might concentrate on some parts of the planning process. These are budgets, objectives,...
First, now I understand that strategic planning is a management tool. It is used to identify the vision, mission, goals, values, timeline among other things. Just like other management tools, it is applied for one reason only: to help an organization perform better. This involves ensuring people within the firm are working towards shared goals in response the dynamic business climate. Next, I have also discovered that strategic planning is effective if it supports strategic thinking and results in strategic management as it is the base for any successful organization. Strategic thinking implies having a definite purpose of the business, understanding the business climate and creativity in developing successful responses to the environmental forces. Then, it follows that strategic planning applies strategic thinking to organizational leadership.
Many schools now have students to engage in some group wiki projects. For example could be a discussion or preparation and presentation of a report supported by visuals. These assignments are made with high expectations. The groups must produce quality work, better than what the learners could achieve as individual. In some cases,…
Reference
Hudson, P. (2013). Learning to Teach in the Primary School. Cambridge: Cambridge University Press.
Strategic PlanningManagement Strategic planning refers to an organizational management activity used in order to set priorities, focus resources and energy, strengthen organizational goals, and ensure that both the stakeholders and employees are working towards common goals. It also assists in establishing agreement around the intended results and/or outcomes, assessing and adjusting the organization's scope of responding to any possible changes within the environment. Strategic management is the inclusive collection of the
Strategic Planning for Companies Strategic Planning for Cincom Systems Creating transformational change in companies by automating their most challenging processes, strategies and systems is what Cincom Systems excels at today. The company has five different product divisions, each selling enterprise software into various segments of the Customer Relationship Management (CRM) marketplace. Privately held with 700 employees employed across five continents, Cincom is also profitable and has had many customers on maintenance contracts
Strategic Planning Smith & White Analyzing the weaknesses of Smith & White is important for us to make the company more profitable. We should "overcome weaknesses to pursue opportunities" (Strategic Management). When we look at the weaknesses of Smith & White, it is seen that it faces high costs due to old manufacturing plants situated in the high labor urban areas. What Smith & White needs to do is to produce newer
Toward that same end, the new strategic plan must also include provisions for a comprehensive centralized governance system. The second most important reason that MUSC requires a new strategic plan relates to the impact of managed care, HMO insurance, and the healthcare crisis that accounts for many uninsured patients.. Evolving legislation delineating the respective funding responsibilities of federal and state government programs may place additional financial burden on healthcare institutions,
Lukacs, RN, asserts (Lukacs, 1984, p. 11). So, with those issues clearly on the table (as they are today in many hospitals), strategic planning in hospitals offers nursing directors a direct path to increased effectiveness, Lukacs explains. The way for nurses to get in on the strategic planning movement and increase their clout and effectiveness within the hospital structure, Lukacs explains, is to do the research necessary that matches
Strategic Planning Cycle Strategic planning is delineated as an organization's practice of outlining its strategy or direction to be undertaken and making decisions on apportioning its resources to carry out the strategy. Strategic planning is largely beneficial to the organization in that it outlines the short-term benefits sought after and where the company seeks to get to. The strategic planning cycle exemplified in a sequence of formal planning procedures, makes certain