development of a corplan_3

8/8/2019 Development of a Corplan_3

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PREPARATION OF A

CORPORATE PLAN FOR AN

ORGANIZATION


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Facilitated by

ByMr. T.M.Jayasekera, BSc., Eng., MBA,

FIE, FCIWEM, FIM,MICE, MSLIM, MSLITAD

MANAGEMENT CONSULTANT


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Supported by

ByProfessor W.M.Jayaratne

and

Dr. Sarath Kodituwakku


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PURPOSE The main purpose of this exercise is to prepare a

Strategic Corporate Plan for a Business


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MENU1. Introduction- About facilitators and Rules of the Game

2. Strategic Planning Methodology Adopted & the Model Used3. Where are we? -Our Business definition/Major Issues

4. Business Philosophy - Core Values

5. Direction - Vision and Mission

6. Focus Key Results Areas

7. Aims-Goals

8. Environment-SWOT Analysis& Critical Success Factors

9. Strategies for the organization- Corporate, BusinessFunctional

10.Our Action Plans

11.OurPolicies and Procedures

12.Monitoring and Evaluating mechanism


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INTRODUCTIONAbout facilitators


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We are a team of consultantshaving the right knowledge,

skills and the attitude to provideStrategic Management services

to our clientele


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The Capability of the our faculty

(based on J B Barneys

framework-2002) Our Core capability is based on following

competencies

Valuable

Rare

Difficult to imitate

Without substitutes That is why we have a sustainable

Competitive advantage


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JB Barneys framework

Is a Resource --------

Valuable? Rare? Difficult to

imitate?

Without

substitutes?

Competitive

implications

No - - - Competitive

disadvantageYes No - - Competitive

Parity

Yes Yes No - Temporary

Competitive

AdvantageYes Yes Yes No Competitive

Advantage

Yes Yes Yes Yes Sustainable

Competitive

Advantage


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Why are we valuable

Value is the difference between what is

paid or incurred in costs and what is

received in benefits from theperformance of the product or service

obtained from involvement in the

organization -Hubbard (2003)Customer Value =Perceived Benefits

Cost


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Why are we valuable

We create more Value to our customers

by making our service more and moreattractive through superior design,

functionality, quality and the like, so that

the customers place a greater value on itand are consequently willing to pay a

high price ( Hill and Jones -2001)


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This is how we have added value

Consultancy

Faculty

Augmented

product

Dissemination of

Knowledge

After

sales

Service

Quality

Style &

Brand

Modern

&

Innovati

ve

FeaturesPackaging

Actual

Product

Handle

with

Care

On time

Delivery

Facilit

ation

Core

product

Tested

Approach


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Why are we valuable

Our Distinctive Competencies are based on five principle

beliefs

We believe in Theory and Practice

We believe in Innovation and continuous Improvement

We believe in Customer Responsiveness

We believe in Superiority achieved through synergy

We believe in Demings 9 characteristics of Quality, VIZ.Performance

Features

Conformance

Reliability

Durability

Serviceability

Responsiveness

Aesthetics

Reputation


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Why are we rare to find Because we have experience in facilitating large noof

Corporate Plans during the last 20 Years in (asindicated in the next slide) for;

1. Private Sector ForProfit Organizations

2. Public Sector Non Profit Organizations

3. Finance and Banking Sector ForProfit Organizations4. NGO Sector Not forProfit Organizations and

5. Clubs and Associations Sector Not forProfit Common

Weal Organizations and

We are knowledge seekers, gatherers and Transferers who

continuously update and transferknowledge to others as a

service to the society


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his shows our experience in Corporate PlanningPrivate

Sector

Private

Sector

Private

Sector

Private

Sector-22

Public

Sector

Public

Sector -8

NGOs

4

Others

5

(a)Chilaw

Plantations Ltd

(g) Hayleys

EngineeringCo. Ltd.

(m)Akbar

Bros.

(s) Hameedias

Group

v)Ceylon

ElectricityBoard

(ab) Industrial

DevelopmentBoard of Sri

Lanka

(af)Plenty

Canada

(aj)Board of

Control ofCricket of Sri

Lanka

(b) Sri Lanka

Pharmaceutical

s Corporation

(h) Hayleys

Group

(n) Built Mart

Group

(t) Sun City

property

Developments

(w) Associated

news papers of

Ceylon Ltd

(ac) Multi

purpose Coop

Societies of Sri

Lanka

(ag) CARE

Internation

al

ak)Sri Lanka

Business

Development

Centre

(c)Sri Lanka

Pharmaceutical

s

Manufacturing

Corporation

(i) Industrial

Gases (Pvt.)

Ltd

(o)Peoples

Venture

Investment

Co. (PVIC)

(u) Lallan

Rubbers Ltd

(x)Department

of National

PlanningFinanceand

Banking

Sector -2

(ah)Sri

Prabhoda

(gte) Ltd

(al) Sri Lanka

Garment Buying

Offices

Association

(d) Haytex Ltd. (j) B and A

Textiles Ltd.

(p)Cooperative

Insurance Ltd

(v)Seico Gases

(Pvt) Ltd.

(y)ITN of Sri

Lanka

(ad)Housing and

Development

Finance

Corporation(HDFC)

ai)Nivahana-

NGO of

Central

ProvincialCouncil

am) Uva

agricultural and

marketing Initiative

of UVA provincialMinistry

(e) Hayleys

Interlinings

Ltd.

(k)Hemas

Garments Ltd.

(q)Puttlam

Salt Ltd

z)Telecommunicat

ions Regulatory

Commission

(ae) Kandurata

DevelopmentBank

(an)Small and

medium Scale

Enterprise

Development

Project

(f) Hayleys

Apparels Ltd.

(l)Malwatte

Valley

Plantations Ltd.

(r)Silva Mills

Group

((aa) Ministry of

Local Govt and

Provincial

Councils

(af)Senkadagal

a Finance Co.

Ltd.


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More about our capability

We are a team of facilitators,

trainers, lecturers andpractitioners as well


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Our experience in Training and DevelopmentManufacturin

g and services

sector

Manufacturi

ng and

services

sector

Manufacturi

ng and

services

sector

Manufacturi

ng and

services

sector and

Groups-30

Groups and

Banking

sector

-16

Banking sector

-11

Plantations

sector

-6

Garments

sector

-8

Akbar Brothers

Ltd

DI Leather

Products Ltd

Nestle Lanka

Ltd

Southern

Oxygen Ltd

Hemas Group Peoples Bank Bogawanthala

wa Plantation

Co Ltd

Growth Lanka

Ltd

Associated

Cables Ltd

Duro Pipe

Industries Ltd

Orient Lanka

Ltd

Techwaters (Pvt)

Ltd

Metroof Group Sampath Bank Elpitiya

Plantations

Ltd

Hemas

Garments Ltd.

Baur and

Company Ltd

Eric

Rajapaksa ltd.

Richard Pieris

Ltd

United Motors

Lanka Ltd

Banking

Sector -11

Senkadagala

Finance Co Ltd

Kegalle

PlantationsLtd

Lanka Garments

Ltd

Carsons Ltd General Sales

Co Ltd.

SA Silva and

Company Ltd.

Zellers

Confectionaries

(Pvt) Ltd.

Bank of

Ceylon

Seylan Bank Malwatte

Valley

Plantation Co

Ltd

MV Knit wear

Ltd.

CPC Lanka

Ltd.

Lanka

Ceramics Ltd

Sathosa Motors

Ltd

DSI Group Central Bank Vanik ltd Alexandra

Industries Ltd

Sri Lanka

Garment Buying

OfficesAssociation

Debug

Computers Ltd

Lanka

Confectioneries

(Pvt) Ltd.

Shell Gas Lanka

Ltd

Edna Group Commercial

Bank of Sri

Lanka

Pan Asia Bank 103 Estates of

privatized

plantation

Companies

Texwood

International

Delmege

Forsyth Ltd

Lanka Wall tiles

Ltd

Sinwa Ltd Hayleys Ltd Hatton

National Bank

National

Enterprise Bank

CKT

Industries ofHirdaramani

Hameedias

Garments


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Our experience in Training and DevelopmentBusiness

Schools and

otherschools

-6

NGO

Sector

-6

Public and

Local

Govt.

sector-6

Ministries

-6

Universities

and

Institutes

Universities

and Institutes

-12

Chambers

&

Institutes

-6

Programmes,

projects and

Others

-6

London

Business School

Agromart

Foundation

Colombo

Municipal

Council

Ministry of

DefenseNorth Central

University

College

University of

Peradeniya

Agricultural

faculty

Ceylon

Chamber of

Commerce

CCC-SIDA

Export

Development

Programme

Oxford College

of Business

Berendina

Foundation

Department

of Agriculture

Ministry of

irrigation and

Water

Management

Rajarata

University

University of Sri

Jayawardenapura

National

chamber of

Commerce

Ministry of

Science and

Technology -

ADB funded

Project

Phoenix

Business

College

Nivahana

Organization

Department

of National

Planning

Ministry of

Local Govt and

Provincial

Councils

Sri Lanka

Institute of

Development

Administration

Kotalawala

Defence

Academy

National

Chamber of

Exporters

MOF- ADB

Financial

Management

Training Project.

Sri Lanka

Business

DevelopmentCentre

Sarvodaya

Community

DevelopmentProject

Industrial

Development

Board SriLanka

Ministry of

Mahaweli

Development

University of

Colombo

Sri Lanka

Foundation

Institute

aInstitute of

Chartered

Secretaries Sri Lanka

Skills

Development

Project-ADB

Visaka

Vidyalaya

Sri Prabhoda

Organization

Irrigation dept Ministry ofSamurdhi

University of

Moratuwa

Institute of

Personnel

Management

Sri lanka

Institute of

Management

- Sri Lanka

Galadari Hotel

ICBT CARE Sri Lanka

Railways

National

IntelligenceBureau

University of

Peradeniya

Institution of

Engineers - SriLanka

Institute of

PersonalSecretaries-

Sunday Times

Business Club


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Why are we difficult to be imitated

Because we are a teamof consultants

Having wide knowledge in the area of strategic

Management

Have experience in practice of Corporate planningHave updated knowledge in this ever developing area

Have international exposure and

Have ability to create synergy in todays knowledge

society andWe use most up to date and validated methodologies

developed and practiced in the developed world


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Why are we without substitutes

Because

Our knowledge and experience is unmatched,Our approach is new and robust

Our customers are delighted

And above all

We are distancing ourselves from the

competition day after day


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ABOUT CORPORATE PLANNING


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Corporate Planning what is it

all about It is not planning for the whole company, It

is planning for the Company as a whole John F Argenti


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CorporateP

lanning Definition It is the process by which the guiding

members of the organization envision its

future and develop the necessary proceduresand operations to achieve that future

Leonard Good stein, Timothy Nolan and J William Pfeifer


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METHODOLOGY

AND

MODEL USED


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THE PROCESS WE HOPE

TO FOLLOWWHERE ARE WE?1

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43

WHERE DO WE

WANT TO BE?

WHICH WAY IS THE

BEST?

HOW COULD WE

ENSURE ARRIVAL?

THE FIVE STEP

PROCESS

HOW COULD

WE GET

THERE?

WHICH WAY IS

THE BEST?

DETAILED STEPS BASED ON JOHNSON AND SCHOLES PROCESS OF STRATEGICMANAGEMENT


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STRATEGIC

ANALYSIS(

STRATEGY

IMPLEMENT

ATION

STRATEGIC

CHOICE

DETAILED STEPS BASED ON JOHNSON AND SCHOLES

PROCESS OF STRATEGIC MANAGEMENT

The internal Environment

Resources,andCompetencies

Strengths and weaknesses

Expectations

and Purposes

The Externalenvironment

Opportunities

and Threats

Strategy

selection

Generation of of

Strategic

Options

Strategy

Evaluation Resource

Planning

Monitoring and

Control of

strategy

People, Culture

and Systems

Organizationalstructure


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Model followed Developed by Certo and Peter

Planning to Plan

Establishing organizational position and direction

Analysis of

InternalOrganization

Analysis of External

Environmental

SWOT Analysis

Gap analysis

Strategy Formulation

and Action Planning

Strategy Implementation

decisions

Setting up Strategic Controls

Feed Back


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END

THANK YOU VERYM

UCH

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