Nobody downloaded yet

Strategic Planning - Essay Example

Comments (0) Cite this document
Summary
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
GRAB THE BEST PAPER94.7% 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
  • CHICAGO
(“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)
https://studentshare.org/environmental-studies/1405815-strategic-planning.
“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

CHECK THESE SAMPLES OF Strategic Planning

Strategic Planning

...? Outline A. Planning Strategically in Nonprofit Management Multiple Choice Fill in the Blank a. Question b. Answers 2. The Strategic Plan a. A predetermined course of action. 3. Importance of Strategic Planning a. Planning is the most important thing. 4. 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...
4 Pages(1000 words)Essay

Strategic planning

...? Strategic Planning Strategic Planning What creates the need for scenario development? Strategic planning is an instrument incorporated by management to ensure that all of its components are working towards realizing an organization’s goals. It has long been used to transform, and revitalise organizations in many areas of the world. Businesses, whether profit or non-profit, are incorporating these strategies in order to better their situation in the global market. The political and economic standing in many countries, today, has caused the change in many organization’s plans (Grant, 2005). This is in order for them to...
3 Pages(750 words)Assignment

Strategic planning

...?Outline For final Research Paper I. Introduction II. Video case study a. Brief history of Company b. Components of environment c. RBV Analysis of organization III. Identify functional Control systems IV. Identify dysfunctional control systems V. SWOT Analysis of organization a. Strengths b. Weaknesses c. Opportunities d. Threats VI. Interpret criteria for developing and evaluating criteria for control systems a. Criteria for Developing Controls b. Criteria for Evaluating Controls VII. Analyze and illustrate the essentials of quality management a. Benchmarking b. Knowledge management c. Utilization of general quality management skills VIII. Conclusion a. General Statements about Wal-Mart. b. Strategic...
8 Pages(2000 words)Research Paper

Strategic Planning

...?Hope for Sing Sing Correctional Facility A Strategic Planning It is believed that to be imprisoned is not an option which people would like to experience in their lives. Ignored by the society or surrounding and even the difficulties of getting a job after becoming inmates, might be two out of many reasons that an ex-inmate would most likely lose his or her confidence to continue life. Hope University will definitely take part through actions which are continuously useful for those incarcerated. The purpose of the project is to provide basic college knowledge, which will prepare them for employment after they are released from prison. In this time, the pilot project will be started at Sing Sing...
3 Pages(750 words)Assignment

Strategic Planning

...? Strategic planning Introduction Strategic planning is a formulated approach which is sequentially made aimed at creating and upholding favorable and appropriate ground for operation. It involves leaders and variable ideas to be applied on procedural activities to contribute to success. 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). It is therefore needed for the proper... ...
4 Pages(1000 words)Essay

Strategic Planning

...? Strategic Planning Table of Contents Table of Contents 2 Context of the Study 3 Part Research 4 Macro-environment 4 Argentine Educational Sector5 Underlying Challenges 7 Part 2- Strategic Options and Choice 8 Option 1(Longitudinal Perspective) 8 Option 2 (Cross-sectional Perspective) 9 Part 3- Human Resources 11 Cultural Difference 11 Building Relationship 11 Communication and Negotiation 11 Reference 13 Context of the Study According to Donnelly (2004), educational system in Ireland has reformed after the political reform of the country during 1990s. Irish colleges have changed their age old stance of focusing only on domestic students. Globalization of educational system has forced...
6 Pages(1500 words)Assignment

Strategic planning

..., Tesco has successfully created an environment that is different from other retail stores. In the consumer, research customers are observed browsing and taking their time in choosing product items as they do the entry level. By following this consumer-led Tesco was able to ensure the delivery of exactly what the customer wants or needs hereby leading to increased sales at the counter and thus proved to be a most convenient way of business. The emergence of new markets and new opportunities means that few businesses can afford to ignore the impact of emerging markets. Consequently, these new markets are putting more pressure on corporate level of Tesco to operate and plan globally. Competitive success is now seen as a...
12 Pages(3000 words)Essay

Strategic Planning

...in creating a sustainable coastal management plan. It will work towards achieving a well managed coastal area with planned development and sustainability of the eco-system. In the next 10 years, the agency would like to see a rehabilitated coastal region where soil erosion is greatly controlled. This will involve coming up with strategic plan that will ensure that the situation at the coast is mitigated. The agency would also want to see a management board put in place in order to manage different resources at the coast to ensure the regeneration of the natural resources and maintenance of biodiversity. In the future, a agency would like to see the collaboration of...
10 Pages(2500 words)Essay

Strategic planning

...Strategic Planning Characteristics of Kaiser Permanente It is a nonprofit healthcare organization. It is a big sized organization and has nearly 185000 employees. The size is measured considering the total number of employees working for the organization. The organization is based in California. The organization shows good overall financial performance every year. The organization provides jobs to medical professionals and a good HR structure. The managers do effective strategic planning to provide healthcare facilities to its members. States’ policies and government structure influence the pace or time lines of strategic planning. Characteristics of Google It is an internet-based organization. It is a small sized organization... . The...
1 Pages(250 words)Essay

Strategic planning

...Strategic Analysis: Next Public Limited Company By: Table of Contents Table of Contents 2 1 Business Overview 3 1.2 Business Model 3 2.0 Macro-environment Scrutiny: Pestle Framework 4 2.1 Political 4 2.2 Economic 5 2.3 Social 5 2.4 Technological 5 2.5 Legal 5 2.6 Environmental 6 3.0 SWOT Analysis 6 3.1 Strengths 6 3.2 Weaknesses 6 3.3 Opportunities 6 3.4 Threats 7 5.0 Strategic Commitment 8 8.0 Appendix 12 1.0 Introduction 1.1 Business Overview Next Public Limited Company, known as Next plc, is a fashion enterprise that opened its doors in February 1982 and has been making momentous inroads within the retail industry since then. As of 2014, the organisation had 541 functioning stores within UK and Eire...
5 Pages(1250 words)Essay
sponsored ads
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.

Let us find you another Essay on topic Strategic Planning for FREE!

Contact Us