Strategic Planning Process Being one of the leading ICT groups in Africa, the main focus of the group is to provide innovative solutions by integrating products, applications, and services to enable their customers to do the best work possible with regards to their mission of leveraging the intellect of their empowered people to deliver optimised, cost-effective solutions that exceeds their stakeholders’ expectations. They intend to remain true to their values to their customers, to develop key intellectual property thus adding value to all their stakeholders. In terms of profitability, with regards to reports by JSE-listed Altron Group, from February 2012 to February 2013, Bytes had shown an increase of at least 15% of revenue from R6094 millions to R7004 millions. The value seemed to be 11% more than what they have expected. Within 10 operating years, Bytes had seemed to be violently growing as they were able to make several acquisitions from a starting of minority shares to majority shares in companies such as Xerox Limited, CS Holdings, Optitek, Intelleca as well Nor Paper enabling it to gain not only revenue, but extended production capacity and possibilities to develop more of its core competencies horizontally. In this paper, a strategic planning for Bytes technology will be developed. As such, a strategic planning is the process of developing a future plan of an organization; be it long-termed or short-termed thus documenting the strategy with an implementation
For most organizations, the principal representation of their strategic dimension is their written strategic plan. The plan articulates the organization mission, vision, values, goals, and objectives and the motives behind its decisions and actions. However, written plans should be used as strategic guidelines not as a blueprint that has to be followed. Although there are many ways to construct a strategic plan, to be useful and effective it must answer the following questions:
Strategic plan to be able to codeshare which will share the information and make the system work together with other aviation business cause the risk of error due to the conformation with different customer at the same time by different business.
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
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).
Assess the main steps involved in developing an effective strategic plan. Discuss how the steps may differ for a health care organization compared to another industry.
Advancing to the final stage of the strategic planning model, illustrated in Figure 3.1, evolves from conceptual to reality as our prospect assembles a schedule from all of their prerequisite research applied heretofore. As a result, a logically simplified process produces a single execution model for each phase of the plan. The need for an effective, simplified method to organize all activities, dates, and critical deadlines in an easily maintained process rivals the requirement to retain consistency throughout this particular project life-cycle.
The fundamental opportunity that Adesemi and Celtel saw prior to entry in to Sub Saharan African (SSA) markets was namely to serve a market with astronomical and pent up demand. In 1995 there were 12 mobile phone subscriptions for every 100 people in the U.S but only one per 1000 people and one fixed telephone line for every 100 people in SSA. (Exhibit 1) These markets prevented a massive opportunity for companies looking to access more than 600 million people by bringing affordable telecommunications, while at the same enriching the lives of the poor.
This paper will evaluate and make recommendations regarding City of El Centro’s strategic plan, its mission, vision, goals, and objectives. A brief history of the City of El Centro will be included. A SWOTt analysis (strengths, weaknesses, opportunities, threats, and trends) on the City of El Centro will be performed. Included in this paper will be City of El Centro’s mission statement labeled “Attachment A”, City of El Centro’s vision statement labeled “Attachment B”, City of El Centro’s goals labeled “Attachment C”, City of El Centro’s objectives labeled “Attachment D”, City of El Centro’s history labeled “Attachment E”, and City of El Centro’s SWOTt Analysis Grid labeled “Attachment F”.
The input begins with an environmental analysis in order to find trends and implications that will become an opportunity or a threat that can affect the growth of the business. From there a strategy development plan can be set to focus on the vision, mission, final growth platforms, initiatives, and detailed plan action. This particular focus gives hold to future plans and focus to a purpose. However, in this segment it is important to remember that only so much can be controlled and in order to grown you need more people with the knowledge and new perspectives that allows the business to flourish. In addition, Recardo discussed the importance of a contingency plan to keep the vision in play if something goes awry. From here a business and functional pathway can be used to drive the plan. It consists of a corporate development function and stages of
With a modest beginning in 2000, we are now a reputed service provider in several associated sectors/communities of the banking and telecommunication industries. We work closely with our clients to help them realize goals and cater to the growing market demands. We believe in "Delivering results more than expected". We have a great client portolio of prestigious global leaders in the relative industries on our sleeves and we look forward to building lasting/ long-term relationships founded on trust.
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy (Armstrong, 1986). In order to determine the direction of the organization, it is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. Generally, strategic planning deals with at least one of three key questions:
The company’s vision is to make smarter lives possible. it wants to use four major areas of information and communications technologies (ICT) - content creation, information processing, cloud data management, and network transmission, and to catalyze development and changing the way we communicate with each other and making human interaction through technology more natural.
In our largest market, Nigeria, our unparalleled reach with superior technology and a branch network across the country, affords us a low-cost competitive advantage to partner for growth with clients in our diverse locations.
4. Formulation of an IS Strategic Plan (roadmap) to evolve an organization’s information resources from their current status toward the desired vision and IT architecture
There are no shortcuts for strategic planning process. They ensure that business, organizational and information strategies are aligned. Internal and external assessment needs to be addressed for information technology systems within the organizations. This is the part of planning process for technology. Strategy states the direction we want to go and how we intend to get a plan depicts f guides decision for developing a strategic plan in order to provide a context for decision making.