STRATEGIC PLANNING
What is Mission, Vision & Strategy?
What is strategy and strategic planning?
What is SWOT?
Mission
The core purpose of our organization – its express why the
organization exists!
Vision
A concrete word of what the organization intends ultimately
to become by some defined future time, so as to provide a basis for formulating
strategies and objectives
Strategy
- Is the determination of the basic long-term goals and objectives of an enterprise and adoption of courses of action and allocation of resources for carrying out these goals?
- “Strategos” - referred to a military commander during the age of Athenian Democracy
- It is an umbrella plan encompassing a number of smaller plans for some objective.
- A strategy is an overall approach, based on an understanding of the broader context in which you function, your strength and weaknesses, and the problem you attempting to address
- A strategy gives you a framework within which to work, clarifies what you are trying to achieve and the approach you intend to use.
- It does not spell out specific activities.
- Strategies are the key elements of change that need to be addressed to drive the organization towards its vision.
Characteristics of a
Strategy
- A means to the ends of an organization.
- It requires careful monitoring and analysis of changes in the organization’s external environment
- It takes into account the relationship between the external forces and internal resources.
- It involves the determination of the long-term mission and objectives of the organization and prescribes the courses of action needed to achieve competitive advantage.
What is Strategic Planning?
- · A process of determining organization’s long-term goals and identifying the best approach for achieving those goals.
- · It is the overall planning that facilitates the good management of a process
- · It provides you with the big picture of what you are doing and where you are going.
- · It gives clarity of what you actually want to achieve and how to achieve it.
STRATEGIC PLANNING answers the
questions of:
- · Who are we?
- · What capacity do we have and can we do?
- · What problems are we addressing?
- · What difference do we want to make?
- · Which critical issues must we respond to?
- · Where should we allocate our resources?
- · Then,
- · What should our immediate objective be?
- · How should organize ourselves to achieve it?
- · Who will do what and when?
Planning for
Strategic Planning
- · When do you need to do a SP process?
- · How often do you need to do a SP process?
- · At what point in an organization or project cycle do you need to do a SP process?
- · How long should a SP process be?
SWOT
- · A generation of the strengths, weaknesses, opportunities, and threats in relation to a particular objective.
- · To develop suitable strategies and tactics
- · A basis for assessing core capabilities and competences
- · The evidence for, and cultural key to, change
- · A stimulus to participation in a group experience
- Consider resources and capabilities:
-
Internal: strengths weaknesses
-
External: threats and opportunities
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