NAIT Strategic Plan
The STR/581 Strategic Planning and Implementation week five individual assignment is to provide a strategic plan for the Northern Alberta Institute of Technology (NAIT). The paper includes implementation plan, strategic controls, and contingency plans.
Grand Strategy
The grand strategy for NAIT as recommended in the STR/581 Strategic Planning and Implementation week four individual assignment: Strategic Choice and Evaluation is to focus on product development. The product that NAIT delivers are the educational programs that are custom designed to provide and educational background for NAITs customers, students, to enable them to enter industry with an education that will allow them to flourish.
In support of this
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Short-term objectives that are associated with a reward system can be power motivators.
The first-short term objective for NAIT in the implementation plan is the development and launch of a new industry relevant teaching program. The program must target a new technology that the competing polytechnics are not developing or already teaching, there must be an established demand for program graduates, and the program must be interesting and appealing to the target student population. The target timeline for the launch is 12 months after the approval date for the proposed program. Market and industry research will be complete before the program proposal date.
Another short-term objective that is required is the identification and planned discontinuation of programs teaching obsolete technologies. There are several programs that were high demand and very relevant for industry and students in the past but the technologies have matured and passed leaving much less demand for program graduates.
Functional Tactics
To achieve short-term objectives the organization must have in place a mechanism or mechanisms that are able to accomplish the objectives. These are the key components of an organization including human resources, marketing, finance, production, operations,
The fourth step in the strategic process will include the implementation of strategies by forming projects. “The conceptual framework for strategy implementation lacks the structure and discipline found in strategy formulation. Implementation requires action and completing tasks” (Gray, Larson, 2008).
Instructional technology: instructional guidelines and training materials for technologies such as hardware devices and software applications (Blau & Peled, 2012).
Describe goals and objectives as they apply to business. pg 181-182; wk 6 lecture, pg 1
Strategic planning is crucial for the success of all business endeavors. Analyzing currents trends in technology, consumer markets, competition, and the workforce can play a pivotal part in whether or not the organization can survive. Overtime, strategic planning strategies must be modified in order to compensate for changes in the industry. Goals and strategic planning often necessitate change to ensure that the organization is performing at peak level, while offering the most beneficial and quality services to consumers.
1. Analysis to identify and prioritize the needs and goals of the organization which include:
With the technology market as rapidly changing as it is now, I need to use the “learn much, learn now” approach to education. In
The instructional setting is an elementary school located in a middle class neighborhood. Technological information will be presented to an audience of educators, administrators, specialist, and instructional aids.
Next, Nucor have to implement 5 new strategies to make it more global which are playing big in major markets, standardizing the core product, concentrating value-adding activities in a few countries, adopting a uniform market positioning and marketing mix and integrating competitive strategy across countries. Then Nucor shall plan the company human resource by implementing strategies like centralization of global authority, domestic/international split and mixture between the local and current manager.
This year my district is required to submit a new technology plan. The final draft of this plan has been completed and this needs analysis focuses specifically on “Objective 3.4: Increase the number of teachers with updated websites meeting district standards as recommended by ISTE-T”.
Short-term goals: These goals are specifically concern with the devising policy with the perspective of technology and management. The output of these goals is Implementation of the policy. These goals may include, conceptualization, social mobilization, setting strategic objectives, define outputs and outcomes, implement the strategy, establish a communication and dissemination
It gives legal ground visible to competitors and customers. For the third importance of objectives, coordination; Objectives aligns the efforts of participants in the company towards the same goals. Douglas McGregor, a psychologist who served a short term as president of Antioch College & professor at MIT viewed that "In selling effective goals managers help members at all levels of the organization to understand how they can best active their own goals by directing their behavior towards the goals of the organization". Objectives not only set standards (benchmarks for success), but they also serve as motivators. Setting objectives, whether they be long or short term, they provide a standard for the company. In lack of better phrase, objectives "set the bar" for companies. So naturally, you are motivated to "clear the bar." Hence, objectives are motivators too. "According to Latham and Yuki goal specificity enables the workers to determine how to translate effort into successful performance by choosing an appropriate action plans." Plans: strategic, tactical, operational and contingency are the general types of plans. Strategic planning establishes long-term objectives and overall strategy or course of action by which a firm fulfill its mission. Tactical plans are short
Objectives are an organization 's performance targets—the results and outcomes management wants to achieve. They function as yardsticks for measuring how well the organization is doing.
Furthermore, it is important to note that educators are not only going to be helping the students in the classroom with short term centers, they will also be preparing them for a technology-based future. With this said, there is a process to introducing the technology into the classroom as
Future- oriented: Strategic management encompasses forecasts, what is anticipated by the managers. In such decisions, emphasis is placed on the development of projections that will enable the firm to select the most promising strategic options. In the turbulent environment, a firm will succeed only if it takes a proactive stance towards change.
To make these goals effective and efficient objectives are important. It gives an organization right direction to achieve its goal, that is why organizational objectives should be specific, measurable, achievable, realistic and time bound (SMART).