Strategic Planning Process Analysis

This helps DRAKEN management and everyone within the company to have a sense of urgency about what needs to be done.

Strategic planning is the overall planning that facilitates the good management of a process by taking employees outside the everyday activities of their organization and provides them actual representation of what they are doing and where they are going. A Strategic planning process includes mission statement, goals for accomplishing mission, approaches for implementing goals, action plans and monitoring and updating of plan. Various models/techniques such as iconic, analog and quantitative are used for different phases of decision-making (Intelligence, design, choice, implementation and

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

Strategic planning is essential for all businesses. It allows companies to set goals and implement actions for long-term success. There are different phases of strategic management that help companies evolve and adapt to the changing world for long-term success. The phases are basic financial planning, forecast-based planning, externally oriented (strategic) planning, and strategic management (Wheelen p. 4-5)

Basic strategic planning is comprised of several components that build upon the previous piece of the plan, and operates much like a flow chart. However, prior to embarking on this process, it is important to consider the players involved. There must be a commitment from the highest office in the organizational hierarchy. Without buy-in from the head of a company, it is unlikely that other members will be supportive in the planning and eventual implementation process, thereby dooming the plan before it ever takes shape. Commitment and support of the strategic-planning initiative must spread from the president and/or CEO all the way down through the ranks to the line worker on the factory floor.

Thereafter, strategic plan is the process that management uses for positioning the company in its chosen market arena, competing successfully, satisfying customers, and achieving and providing outstanding care and performance. The key elements of a strategic action plan are essentially based on following values or process Furthermore; strategic planning is creating a vision, setting and defining the business goals. Additionally, we will hire another specialist to lead our Organization Analysis and review, and develop and assist in creating the type of company and the atmosphere, culture it will have and work under. Moreover, it is a good idea to look at the other competition. We as a company need to study other companies and define what characteristics that a company has and how we as a company what can set us apart and go above and beyond what the other company are creating (Carter).

Strategic implementation is the process that turns strategies and plans into actions in order to accomplish strategic objectives and goals. It should be considered the blueprint for realizing the organization 's vision. The success of any strategy is solely dependent upon the effectiveness of its implementation and execution. Ram Charan 's New York Times bestseller, Execution: The Discipline of Getting Things Done, refers to implementation and execution of strategy as a “systematic way of exposing reality and acting on it.”

Strategic planning is refers to the development of the organization’s long- term goals and put forward into practice (Peter, 2013). Strategic planning system is the strategy, objectives, environmental factors, it is a process about the internal conditions and various elements integration and used to guide the rational allocation of limited resources enterprise for a certain period of time, in order to reach the goal of the management activities Some big enterprise have particular plan for next fifth years. Strategic planning can be separate to three steps, the first step is to

Strategic planning is important for every organizations function in order to align priorities and resources towards the strength of the organizational progression. It gives a clear route for the organizations directions towards the intended common goals. It provides a disciplined process to guide the fundamental decisions leading to the proper action required to develop and progress the organizations intended results and responses to ever changing environments. This should be articulated to the employees, leaders and stake holders within the organization.

What strategic planning does is provide direction for the activities of all the workers. All the tactical plans, programs and projects are carried out to workers in order to accomplish the objective stream down from the strategic plan at the top. It is the overall plan against which all of these are coordinated. This will be who should be involved from the top of the company such as shareholders and CEO then to let the management team to explain to the workers.

In this paper, literature regarding strategic management and implementation processes is given. Concepts related to strategic management and implementation are also discussed.

There are three factors that can be affected by this strategic implementation which are, communication, decision making, and coordination among the different teams in the company. The employees behaviour is expected

A strategic plan is an important aspect in any business. In order to be successful, a company must have goals, be capable of creating a path to achieving them, and be successful in implementing the strategy to reach their goals.

Strategic Development Favors managers in such a way that if it is the greatest improved method of managing for predicting forthcoming complications which the company will have, prospects and threats it will face. Strategic management offers a predicting form of supervision, a controlling process of logical modification of the company to the conversions in its

Overall strategy of these process would create structure strategy and for better policies. Our organization policies and help in promote project management. Making up the contextual issues before it project management and help in accomplishing a better reporting relationship. It is better reporting relationship, rules, procedure, help in govern and establish that make up project team. Strategic Management would be formulating, implementing and have better organization objectives.