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Strategic Planning - Essay Example

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It is a process that guarantees clear definition and statement of the objectives, assessment of both external and internal factors that are required to make the strategies, their implementation, evaluation and review of the…
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Strategic Planning
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1) Ans. Strategic planning is a very critical concept. It is a process that guarantees clear definition and ment of the objectives, assessment of both external and internal factors that are required to make the strategies, their implementation, evaluation and review of the progress, and the necessary modification of the strategies. 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. Organizations collaborate with experts in the industry to assess the risks and opportunities related to different moves they plan. Strategic planning may be one individual’s job, but it gets very risky when it is so. To make strategic planning practicable, it is imperative that teamwork is involved in this process. Strategic planning is based on cooperation among the team members that make it. Different people have specific skills and expertise in different fields. Strategic planning, particularly in the contemporary age, is based on the cooperation of experts having specific skills in distinct fields including technology, planning, and management. Coordination is fundamental to the success of strategic planning. Planning is made strategic when a team of experts from different origins and backgrounds and having association with different organizations, cultures, or subcultures are united at one platform and are told the objective that needs to be achieved. “…engaged leadership in the whole process of strategic planning including the implementation, particularly with regard to the three Cs is the key to success” (Zomorrodian, 2011, p. 1130). Hence, the role and importance of the three C’s in the process of strategic planning cannot be overemphasized.
2) Ans.
Strategic planning can be understood as assessment of an organization’s needs for the advancement of its goals and missions in a particular time period. When collaboration is integrated into this process, it provides the organization with a way to exchange knowledge, skills, and competencies with different people participating in the process so that the goals can be modified and development can be ensued. This imparts the need to have enough resources as well as a culture that appreciates and encourages cooperation and teamwork. Cooperation plays the role of a catalyst when integrated in the process of strategic planning as it counteracts competition among the team members. Cooperation means development of alliance and partnership with others for the exchange of competencies, capabilities, and resources which happens because the interests of the team members are mutual and common. “This combination of efforts in production, purchase, or distribution is a form of joint benefit, very fundamental to success” (Seepersad, 2011). Organization of the team members participating in the process of strategic planning is fundamental to its success which speaks of the importance of integration of coordination in this process. It is very important to coordinate all budgets and plans of all departments of an organization to ensure their teamwork. It is only through coordination that the team members remain updated on the progress of the process and exactly know the objectives they have to achieve and by when. This in turn facilitates the flow of work across the different persons and/or departments that take part in the process of strategic planning.
References:
Seepersad, D. (2011, Feb. 18). Strategic Planning: Collaboration, Cooperation, and Coordination.
Retrieved from http://publicpuzzle.wordpress.com/2011/02/18/strategic-planning-collaboration-cooperation-and-coordination/.
Zomorrodian, A. (2011, Feb.). New Approach to Strategic Planning: the Impact of Leadership
and Culture on Plan Implantation via the three Cs: Cooperation, Collaboration and Coordination. ASBBS Annual Conference: Las Vegas. 18(1), 1121-1132. Retrieved from http://asbbs.org/files/2011/ASBBS2011v1/PDF/Z/Zomorrodian.pdf. Read More
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