Introduction Strategic planning has been defined by many scholars. According to Rowley, Lujan, & Dolenece (1997), strategic planning is an optimization process within an organization to maintain the essential components of it. In strategic planning, it is important to consider the stability between the organization and the environment that is changing by developing a practical process that comply organization’s future needs as well as achieving its goals (Peterson, 1999). Higher education’s environment has been changing in the past 25 years due to economic change, policy change, rise of social expectations, complexity of the management, and new leaderships (Manning, 2012). The evolution and complexity of higher education requires more sophisticated strategic planning models with focus on the mission and vision of the organization as well as the changing environment. In this paper, we will discuss different strategic models that have been used in higher education. Further, we will design and develop a 5 year strategic plan for La Serra University’s career center, by looking at UCR and Cal Baptist University career center as an example. We will develop a proposal by considering student’s purposed to attend college by preparing a survey to be conducted on La Sierra University campus. We will discuss different budgeting models in higher education, and finally we will do a SWOT analysis of the plan in order to identify the internal and external problems and challenges as well
Successful organizations develop both, short and long term goals focus on operational and financial strategies. This process needs constant evaluation in order to identify opportunities for growth. The goal of every healthcare facility should be to become a leader in the industry, attract high-quality staff and health experts, and establish cutting-edge services for the community. By reviewing current operational realities while working a market research enables the organization to develop strategy solutions to address environmental concerns.
Formulate a process for undertaking strategic planning in your area of interest. What is the need for strategic planning at this time? Which actors should be involved? How do you apply the steps and procedures discussed in Berman Chapter 4 to your process? Which steps would you undertake to ensure that conditions for success are in place?
Strategic planning within a company is a tool used in companies that help mature areas in total quality management. This type of planning creates a cohesive management system for lower level employees to better adapt in. “Strategic planning determines where an organization is going over the next year or more and how it 's going to get there. Typically, the process is organization-wide, or focused on a major function such as a division, department or other major function”(McNamara, 2008). In order to plan effectively one must first make a clear assessment of the plan and have an analysis on the corporations mission statement and objective.
Dissimilar sources plan altered steps involved in the planning process, but in this case I will discuss on seven steps that are involved in the entire process. The first step is goal setting. This basically involves coming up with the main objectives and goals that the company wishes to establish within a particular period of time. It is a very important section because the company will operate with a view of the goal in mind, if it is not clearly established, and then the business could lose direction along the way. After goal setting, we have development of the planning premises, where the plans are prepared and any underlying conditions defined. This is where there is an assessment of the environment and any constraints or
Every organization should have a strategic plan to achieve its goals in a limited time period, the strategic plan has many variable models. The strategic planning process that we studied needs a collaboration between the organization’s staff, board members, and strategic plan committee. This strategic planning process has ten guide steps.
Strategic planning can dictate the success of any organization if properly planned as well as the failure of an organization if not implemented as planned. Strategic planning is all about making choices. It is a process designed to support leaders in being intentional about their goals and methods. Simply stated, strategic planning is a management tool, and like any management tool, it is used for one purpose only—to help an organization do a better job. This portion of the strategic plan will explain why an
4. Make necessary assumptions based on your research. Not all data is available. Provide justification for your assumptions. This plan requires quantitative and qualitative thinking, consensus, forecasting, and planning.
Strategic planning is an essential step, and a required step by academic accrediting agencies, in the development of a results-based accountability system for educational institutions. It is a disciplined effort to produce decisions and actions that shape and guide an educational institution in what it does, and why it does it. To that end, Pathways College strategic plan is defined as the process of addressing the following questions:
In his article, “The Fall and Rise of Strategic Planning,” Henry Mintzberg (1994) provides his views on the process of strategic planning. He offers that most companies and organizations start a strategic planning process with little understanding of the definition or actual purpose of planning. He tends to admonish much of the conventional understanding concerning strategic planning and proposes his interpretations. He states that “the most successful strategies are visions, not plans” (Mintzberg, 1994, p. 107).
The strategic planning process begins by reviewing the organizations mission, vision and values. Clarifying the mission, vision, and goals at the beginning strategic planning process can help align fragmented entities (2 p. 293). The mission statement identifies the organizations reason for existing and how it is unique in comparison to other organizations (A p. 294). It is a short, concise and clear statement that serves as a rallying point for the organization (4 p. 752). The mission provides clues about the types of services that can be expected from the organization (A). Failing to check new projects against the mission can cause an organization to get into trouble (A p. 294).
Strategic Planning is one of the most fundamental factors in the success of an organization. This research project will discuss the importance of strategic planning as well as the different components of strategic planning. Many organizations fail to accomplish their goals and tasks due to the lacking of strategic planning. In order for their businesses to be successful, organizations need to be well informed about how the strategic planning process works.
In formulating a process for undertaking a strategic plan for, say the veterinary services organization mentioned in my course paper and presentation, a first step would be formulating at least a mission statement for the organization. Since the veterinary clinic in question had not formalized a mission statement its mission was perhaps nebulous or up for debate. Berman suggests that the original mission statement might be revisited during the design phase (please see the following below), however, if none is in place prior to the start of strategic planning then perhaps an attempt to develop one at the start of the strategic planning process is advisable, even if it were to be revisited and modified during the process. As the Chinese proverb states, “如果你不知道你要去哪裡,任何道路會帶你去那裡。”* The mission statement allows the organization to develop specific goals and programs and serve a purpose in the strategic planning process.
The strategic management process helps institutions identify what they intend to achieve and how they will accomplish outcomes. The term strategic management is used to refer to the entire decision-making process. Strategic management must evolve by predicting the future (more effective planning), thinking strategically (increased responses, evaluation of strategic alternatives and dynamic allocation of resources) and creating the future (strategic planning through orchestration of all resources to create advantage) (Gluck, Kaufman & Wallach, 1980). Therefore the orchestration of all resources within an institution, strategically driven by a flexible planning process
According to literature, strategic planning is vital for strategic management. Burgelman (1994) points that strategic planning is a process which decides how, when and who is going to plan and how the results will be implemented. Drucker (1974) identified that the planning for an organization’s future that includes setting major overall objectives, the determination of basic approaches to be used in
Situation analysis is a collection of tools providing insights in different perspectives, however, they all serve the same goal which is to help organizations deal with challenges by understanding where they stand, what their capabilities are, and what environments they are in so they can prepare themselves to stay ahead of the game.