We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Strategic Planning - Essay Example

Comments (0) Cite this document
Mozilla Firefox (1) Define the role played by a SWOT analysis in the strategic planning process. Businesses need to analyze the performance of their internal operations as well the trends prevailing in the industry in order to successfully manage the position and profitability in the market…
Download full paperFile format: .doc, available for editing
Polish This Essay92.4% of users find it useful
Strategic Planning
Read TextPreview

Extract of sample
"Strategic Planning"

Download file to see previous pages A careful analysis of an organizations Strengths, Weaknesses, Opportunities and Threats (SWOT) helps in assessing the performance of current strategies, developing new ones to overcome the weaknesses, integrate new decisions to avoid threats and strategic decisions made to avail the opportunities. Strategic planning is the process whereby, organizations put the strategies and ideas developed by strategic thinking into action. Strategic thinking supports strategic planning which result in strategic decision making of an organization. Strategic thinking is not merely an imaginative approach of thinking and analyzing situations which may arise as a result of a particular step, investment or change in the organization. Strategic thinking involves a goal oriented approach which is supported by critical analysis of the forces which surround the results of a particular decision and the ability to develop responses to those forces. Hence, strategic thinking is the first process of implementing strategic management concepts. Strategic planning is the process whereby, organizations struggle in order to integrate the strategies developed by strategic thinking. Strategic planning is the struggle to practically apply concepts and ideas developed through strategic thinking in the business and assess the predictable future of the changes or strategies introduced. In order to implement the planned strategies, strategic leadership provides a vision and direction to successfully achieve the aims of an organization. Strategic leaders are responsible to direct the workforce with appropriate instructions, guidance and directions to achieve the goals which are developed through strategic planning process. (3)Present the Mozilla/Firefox SWOT analysis clearly, using a bullet, list, or tabular format with categorical headings, providing a clear delineation of individual items. Strengths: Open-source community Faster in opening web pages Ability to resist hackers and viruses High-tech with many new technologies embedded such as the tabbed browsing system, the download manager attachment, etc. Command over 15% market share for browsers Open nature for discussion within the organization. Weaknesses: Revenues are dependent on Google (contractual basis) Highly dependent on external volunteers/developers The high dependence on external volunteer/developers may not be useful or highly innovative and may waste time of the organsation to pursue such ideas. The company being a non-profit organization waits for voluntary investors, this may lead to untimely funding which may not be useful as the funds would not be available at times when the actual research/design is actually carried. Opportunities: Building a network of volunteers that would help in the provision of technical support through telephone, email, etc. Further innovation through technological advancement. Threats: High innovation requirements due to competition The company’s inability to cope with technological advancement at any point in time would lead other competitors to take over. Lack of confidentiality issues. The success of Internet Explorer 7 or any other web browser. (Freedman, 2007) (4) Indicate the implications of your analysis for planning and implementation, including recommendations that seem to follow your analysis. Strategic management requires a three part structure for thinking about strategy: Strategic position, strategic choices and finally implementation of those strategies ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Strategic Planning Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1405815-strategic-planning
(Strategic Planning Essay Example | Topics and Well Written Essays - 750 Words)
“Strategic Planning Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/environmental-studies/1405815-strategic-planning.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Strategic Planning
Key Planners to Implement the Plan a. There are many Key Planners. 5. Essential Element a. There are many Essential Elements to a strategic plan. 6. Current Challenges a. Ethics, and codes are very challenging issues. Management October 18, 2011 Planning Strategically in Nonprofit Management Multiple Choice / Fill in the blank Questions 1.
4 Pages(1000 words)Essay
Strategic Planning
It is the manager’s responsibility to ensure that the strategic planning of the firm is consistent with the needs of the market and the future expectations of demand from the consumer. The difference between strategic planning and planning is accounting for competitor trends and future demand and planning a strategy that is consistent with it.
8 Pages(2000 words)Essay
Strategic Planning
Strategic planning may also mean a directed approach which is deliberately created to satisfy the need of the audience. It encourages the sharing of ideas through participation and therefore results into right judgment. As a result efficient decision making can be achieved through thorough analysis and successful implementation of policies and promotion of learning between the stakeholders (Langford & 2001).
4 Pages(1000 words)Essay
Strategic Planning
1.1. General Environment This environment entails the patterns in the wider society, which influences the banking industry, and especially Wells Fargo Bank. In this case, this environment has seven main segments, which include demographics, economic, political/legal, social cultural, technological, global, and physical environment patterns (Ireland el at, 2009).
7 Pages(1750 words)Essay
Strategic Planning
It has helped to preserve address various environmental effects which has helped to reverser the rate of environmental degradation. Though it has been addressing a range of environmental areas,
10 Pages(2500 words)Essay
Strategic Planning
r that the capital projects involve high levels of investments and these are mainly used for acquiring asses and also to assist the company increase the size of its operations. The investments that are made have a major affect on the company and the operations of the company.
3 Pages(750 words)Essay
Strategic Planning
determination of the long-term goals and objectives, determining the allocation of resources and course of action, Andrews finds that the patterns of decision taken by the company produces the plans and policies to achieve its goals. Hofer and Schendel define it as the pattern
25 Pages(6250 words)Essay
Strategic planning
acing failure in developing answers, facing failure in staff coordination, ineffective management, and failure in recognizing board’s limits (Liff, 1997). Some of the success factors for Kaiser Permanente include overcoming challenges and difficulties, good partnership with
1 Pages(250 words)Essay
Strategic planning
Rudd loses an estimated amount of $106,322.26 annually. The departments of the corporation are welding, painting and shipping. In spite of Rudd Corporation being a small corporation, it has managed to employ an employee’s number of four
2 Pages(500 words)Essay
Strategic Planning
The three C’s i.e. collaboration, cooperation, and coordination play a very important role in the process of strategic planning. Strategic planning is based on consulting the right sources of information at the right time.
2 Pages(500 words)Essay
Let us find you another Essay on topic Strategic Planning for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us