How do managers develop operational plans, and what factors do they consider when translating strategic goals into actionable plans? Discuss the key components of an operational plan, and describe the potential challenges and opportunities of aligning operational plans with strategic objectives.
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- How do the internal and external environments of the organization and its strengths and weaknesses impact the planning process?Define and describe the different types of plans defined in Table 17.1 and how organizations use them.how can effectively prepare the three operational plans below together with one goal longterm plan directional plan standing plan
- 3. Discuss the nature of an organization’s environments, and identify and describe the components of its general, task, and internal environments 4. Summarize the planning process, and describe organizational goals.By using different company’s example illustrate your understanding about Strategic plan, Tactical plan and Operational plan, and Contingency plan.1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.
- Roy, an entrepreneur, has worked for years on developing his business idea and on ensuring a good implementation of his strategy. However, years into the business, Roy discovered that the profit he set to reach, in 5 years-time, is not attainable and is disappointed with the results. a) Illustrate - Draw the planning-controlling link. b) Discuss in detail the controlling process (steps 1, 2, and 3). c) What went wrong? And what action should be taken? – Part of step 3. d) What type of control did Roy use? And what type should he use in the mere future? e) What is benchmarking? How can Roy make use of this concept when planning and setting goals?Explain what are the differences between strategic,Tactical and operational planning and provide an example for each ?Explain the following with a minimum of 6 sentences each. Give at least 3 barriers why Strategic Management implementation becomes a failure. Justify. Who are the parties responsible or involve in the proper implementation of the Strategic plan? Why?
- What are some of the benefits of strategic planning using SWOT and PEST analysis?How do strategic, tactical and operational planning differ? Provide an illustration to help your response for each type.Need this ...The strategic management as a management philosophy is reflected in the structure of plans . Discuss this statement ?