is 460 notes
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IS 460 Notes. Strategic Planning By Thomas Hilton. Topics. Definition/Purpose Context Deliverables Method. Definition. Strategic Planning is a procedure for determining the direction in which an organization needs to move to fulfill its mission - PowerPoint PPT PresentationTRANSCRIPT
IS 460 NotesIS 460 Notes
Strategic Planning
By Thomas Hilton
TopicsTopics
Definition/Purpose
Context
Deliverables
Method
DefinitionDefinition
Strategic Planning is a procedure for determining the
direction in which an organization needs to move to fulfill its mission
basic objectives of an organization and allocating resources to their accomplishment
DefinitionDefinition
A strategic plan is a document that
results from strategic planning
contains the mission, direction, goals, etc. of the organization
acts as a road map for carrying out the strategy and achieving long-term goals
Context: Strategic Context: Strategic ManagementManagement
Operations –immediate execution (this project)
Tactics –near-term execution (this year)
Strategy –long-term execution (five years?)
StrategicManagement
OperationsManagement
TacticalManagement
Deliverables/ResultsDeliverables/Results
Coordination of All Parts of the Organization
Sense of Direction, Ethos
Sense of Ownership, Membership, Motivation
Strategic Planning Document
MethodMethodIdentify , develop, document…
1. Strategic Planning Team2. Stakeholders3. Scope of Plan4. Environmental Influences
5. Core Values6. Mission7. Vision8. Goals9. Objectives10. Tasks
Strategic Planning TeamStrategic Planning Team
Influential (or at least credible)
Representative (or consultative)
Few in number
Broad viewpoint
StakeholdersStakeholders
Recipients of organization output
Providers of organization input
Members of the organization
Many in number (sample them)
Narrow viewpoint
Boundary/Scope of PlanBoundary/Scope of Plan
Negotiable
Revisit as needed throughout planning process
Approximate the client’s scope of practice
Establish accountability
Trends in the Relevant Trends in the Relevant EnvironmentEnvironment
Markets
Competitors
Regulations
Staffing
Capital
Technology
Core ValuesCore Values
Moral justification for organization’s existence
Permanent
Internalized organization-wide
Ideological
Example
MissionMission
Main area(s) of organization accomplishment
Nearly permanent
Shared organization-wide
Conceptual
Example
VisionVision
Chosen instantiation of the mission
Rarely changes
Accepted organization-wide
Broadly Contextual
Example
GoalsGoals
Components of the vision
Change slowly as accomplished (or abandoned)
Accepted by appropriate divisions in the organization
Specifically Contextual
Example
ObjectivesObjectives
Components of each goal
Change per planning cycle (five years?)
Accepted by appropriate departments within divisions of the organization
Measurable (often via surrogates)
Example
TasksTasks
Components of each objective
Change relatively often (annually?)
Accepted by appropriate persons/work-groups with budget, deadline, and deliverables
Performable, directly measurable
Example
Timing ConsiderationsTiming Considerations
Complete in Days or Weeks
Revise Annually (Quarterly?)
Most Revision in Tasks, Objectives, Goals