Strategic Draft Plan

¶ … strategic plan for Seneca Foods. Seneca Foods is a regional producer of low priced private labeled foods. This company contracts with local markets to supply this food to the retails at low prices. This essay will address many of the issues that are holding back this company from gaining an even wider share of competitive advantage within their given industry. The objectives of this strategic plan are to incorporate a more streamlined and efficient model of behavior that aligns itself with the greater organizational strategy.

By identifying shortcomings and suggesting empirically tested ideas into the business functioning of this company it is expected to make these gains. Functional Tactics In any organization the tactical approach that one company may use must be aligned with the strategic aims of the company. Tactics are tools used to achieve these goals and can be used in concert with each other to gain their maximum benefits.

Seneca foods must stay true to fundamental practices that are tried and true in order to maintain a successful share of the market they are trying to dominate. All areas of business fundamentals should be examined for fundamental expression. In other words the different aspects of the company, such as operations, sales, marketing, leadership and logistics must all be fundamentally sound and proficient at their jobs in order for a greater organization to develop.

Leadership at this company must address each sub-order of the organization to ensure that their fundamental skills, practices and behavior are in fact aligned with the greater strategy. This requires the management of these different branches to do their job and ensure tactical proficiency. Action Items The overhaul of Seneca foods strategic outline must be based on fundamental principles set out by leadership.

The action items are in turn the most important ideas that can be promoted throughout the company and serve as guiding ideas to show the correct action within the confines of its operations. A plan is nothing however without the promotion and continuing reinforcement of these ideas by the leadership branch of the company. Understanding that the ideals for success begin at the top run down, and then return back at the top through various feedback loops suggests what items are more actionable than others.

Milestones and Deadlines Milestones and Deadlines for this strategic report must be developed in a backwards planning type fashion. Identifying when the major goals need to be accomplished, and then work backwards to find scheduling opportunities provides the best way to implement any strategic plan. In this case, the strategic plan should be evaluated at 6-month intervals with benchmark meetings held weekly and biweekly. Tasks and Task Ownership Remodeling the Seneca Foods organizational chart can help provide a visual reference to the strategic plan laid out in this essay.

Compartmentalizing the tasks and objectives to the right the area of operation is critical in maintaining task and task ownership fidelity. Most importantly it is essential that each sub-group is aware of their role within the larger strategic picture and task ownership must be clear and direct with little or no guess work as to whose responsibilities are whose and what are the necessary requirements that are needed to accomplish that sub-goal or objective.

Resource Allocation To ensure resource allocation is aligned with the greater organizational strategy, certain disciplinary events need to take place. Record keeping and careful exchange of written ideas should be carried out with vigor and purpose if resources are to be balanced in any significant or meaningful manner. New ideas must also be pushed to help discover new and possibly more beneficial sources of useable energy and ideas.

Balance is the key ideal in this area of the strategic plan and finding those spots that need adjustment are necessary to accomplish a strategic overhaul for Seneca foods that may have long lasting value. Management Strategies The most important factor dealing with management strategy is to ensure there are distinct and clear task and purposes contained within the overview. Strategies need to be understood by everyone in the organization where a single vision of success is shared by all.

Within the larger frame work of management strategies are other sub-strategies that need to be directly aligned with the Seneca Foods business model. Key Success Factors Establishing realistic and attainable goals is necessary in defining success. Factors that contribute to his strategic plan include the ability to adapt and overcome systematic change. Heavy resistance should be expected when change is implemented and there will always be detractors.

The help prevent the undermining of this transformation, it is essential to quell rebellion and explain in detail if necessary the purposes of actions. Success is based on the ability of the employees of Seneca foods to mentally adjust to the forthcoming adjustments to their working lives. Financial Information According to Seneca Foods' 2013 Financial Report "Fiscal 2013 was a successful year for the Company as we recorded increased sales and strong profits.

Our revenues for the year were up 1.5% to $1,276,297,000, while net profits were $41,413,000 or $3.57 per share versus $11,256,000 or $0.92 per share in the prior year. The primary reason for the improved profits was a $33,509,000, net of income tax benefit, positive swing in the Last.