Strategic Planning - Dissertation Example

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Abstract This report analyses how important strategic planning is in today’s world and organisations around the world have been emphasising a lot on formulating and devising strategic plans that would help the organisation to beat the competitors. Despite of so much emphasise the management gives to strategic planning, many strategic plans formulated by the organisations are not actually implemented or even if they are implement, then their implementation is not appropriate and therefore organisations are not able to make the most of the plans they have made…
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Strategic Planning
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Download file to see previous pages Introduction Strategic planning within organizations is one of the most essential aspects of both sustainability and growth. Without the ability to meet the needs of strategic planning, there is the inability to move forward with specific needs and to reach the full potential of the organization. While strategic planning is required for the development of a company, the implementation and the end goals are often not met. The problems which arise are based on the various aspects of the organization and how it associates with the needs of each of the goals. Leadership capacities, communication tools, participation and the ability to reach smaller and larger goals through various initiatives are some of the several areas in which strategic planning is not implemented in the correct manner. This is followed with complexities which arise from the organizational culture and the expectations which are associated with meeting change or resistance to the workforce that is a part of the organization (Rothwell, 2010). ...
The research will also examine specific areas in which strategic planning can alter, specifically with associations such as getting more employees available for participation, building milestones and metrics to incorporate the strategic plans with and altering the approaches toward the vision so it becomes tangible within the company. By investigating how these can be used, there is the ability to create and develop more alternatives with the required strategic plans and how these can alter into a form of action. Problem Statement While strategic plans are developed within corporations, they are often not implemented and end goals are not met. Literature Review (ADD 10 PAGES TO THIS LIT REVIEW SECTIONOFTHE PAPER) The approach which is taken toward strategic planning and implementation is one which is based on the understanding of taking action within a corporation. Without the correct strategies, there is the inability to provide higher amounts of sustainability and growth within a company. However, there are often problems and difficulties with creating the required changes. This literature review will examine the various aspects of strategic planning and implementation as well as how it alters according to the difficulties which are in the organizational culture. The review will examine the various dimensions that are associated with strategic planning. It will further define the obstacles that do not allow the plans to be implemented at various levels within an organization. There will also be reference to theories which are created to alter the strategic planning so it becomes one that is associated with constructive ...Download file to see next pagesRead More
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