Strategic Planning Should Not Be Underestimated

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.

Cambridge Behavioral Hospital currently uses a Change Theory. Strategy for most organizations is about change and focus. A firm strategy starts with knowing the external and internal forces that impact the organization’s ability to achieve its most important goals, and then steadily making the necessary changes to direct those forces. “A validation (or invalidation) of the strategic assumptions reinvigorates strategic thinking and provides a basis for investigating whether to change the strategy” (Swayne, Duncan & Ginter, 2008).

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?

The organization strategic plan consists of addressing clinical quality, growth, and becoming a larger part of the community, and providing long term value. The annual report states the following strategic goals (Bon Secours, 2012):

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

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).

When evaluating a strategic plan models, we should first consider the meaning of strategic planning. Strategic planning is when an organisation has a long term project, in between a year or two and this will involve the entire organisation workers to bring ideas together and look into each contributions before working on the plans, and this can be break down in three to four faces in other too be achievable and to meet the said target. Strategic planning can be done when an organization is just started. The strategic plan is usually part of an overall business plan, along with marketing, financial and operational or management plan.

In today’s society, it is very easy to get distracted and become lost. From an early age we are taught how to manage our time, how to set up goals, and how to make plans to achieve those goals to avoid becoming lost or distracted. But the trick can be sticking to our goals, as with most people their goals and priorities change, or they accomplish their goals through hard work and dedication. A business, however should stick with its strategic plans, as coming up with one plan but going in a direction separate from the plan can cause trouble and quite possibility force the business to shut down. If an individual or business accomplishes their goals what then? Well we come up with a new goal, and start the process again. I will be focusing

This paper will compile the various assignments from previous weeks to establish a completed strategic plan. An executive summary will be provided, along with the company’s background, mission, vision, and value statements. Additionally the previously constructed environmental scan will be further illustrated. The selected business strategy will

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.

Communication is key in sharing information, promoting strategic thinking, and foster relationships by working in teams within the organization. Executives could have managers start by participating in strategic thinking with community groups and local businesses (Goldman, 2007). Organization strategic thinking should urge employees to look ahead for opportunities as to avoid being in constant reactive mode. It is essential to communicate that strategic thinking is goal oriented, planned over a length of time, and tied to the mission and goals of the organization. It is significant to match employees with mentors when you can to aid in developing and fostering strategic thinking skills in addition to rewarding employees when possible (Goldman, 2007).

Planning is regarded as one of the most important and significant aspects of the success and profitability of a business. Generally, companies and organizations are involved in various methods of planning with the two major types being strategic planning and financial planning. These methods are commonly used by companies because of the different focuses they have and their distinctive nature. Nonetheless, strategic planning and financial planning consist of two major links that have significant impacts on the approaches managers take in the overall planning process. While strategic planning is regarded as the process of determining the direction, objectives, and the achievement of the goals of an organization or business, financial planning is described as the approach towards the management of an organization's finances in methods that contribute to the accomplishment of the business needs.

Abstract: Strategic foresight centers on the idea that leaders at all levels conduct an environmental scan and make an assessment. They identify elements that are not easily observed, difficult to quantify, but are affecting future circumstances (Maccoby, 2001). Leaders initially frame the scan based on the method(s) they use. Based on their evaluation of the organization?s current state, where the organization will be if no changes are made, and vision of the desired state; they analyze the gap and determine what actions are required to close it.

A strong strategic analysis is beneficial to shareholders, customers, employees and decision-makers in an organization (Pearce, 2009). The core of strategic plan will provide a thorough designed and informative mission statement. Using the brand “enjoys high reputation and acknowledgment around the world” as a benchmark (Sinochem Group, 2016), the company’s mission statement has been developed to differentiate its products from the competition. In addition, the vision statement as “to become a great respectable company with global presence” plays an essential role in communicating the ultimate goal of the company’s strategic decisions (Sinochem Group, 2013, p. 7). The motivating force behind the mission and vision is the Sinochem’s value

Wong Gillmore was a very good branch manager in a bank. Everything was fine until one of her assistant manager Yvone Frechette has been promoted to a better job and larger branch. The problems are the employee in the bank was not sufficient to accommodate all of the customers and because of that the employees are overworked including Wong Gillmore. For me their biggest problem is their having difficulty in managing their time.