Preparing the strategic plan
In this chapter we will check the how and when a written plan is useful. For many, the preparation of strategic plans will present few difficulties. There are others who find the task of translating concepts into plans a daunting one. Strategic planning is a tool for organizing the present on the basis of theprojections of the desired future.
That is, a strategic plan is a road map to lead an organization from where it is now to where it would like to be in five or ten years. It is necessary to have a strategic plan for your chapter or division. In order to develop a comprehensive plan for your chapter or division which would include both long- range and strategic elements, we suggest the methods and mechanisms outlined in this manual.
The plan must be:
A good place to start is with the types of strategic plans that might be prepared. Some planners suggest that the strategic plan should show the broad outline strategy. Each major element should then be treated in greater detail in separate plans dealing with acquisition, diversification, divestment, and research and development. Plans should be presented in a way which makes them easy to read and handle.
Nothing is worse than the business document (of any kind) which physically falls to pieces whenever it is used. Plans are meant to be used. It is also a mistake to present them too well. Charts and diagrams also help understanding, and can link into visual aids used in presenting and discussing the plan. Decision trees have already been suggested, and may be augmented by graphs and histograms. Portfolio and risk matrices are of immeasurable value for complex organisations.
The key principle is to keep to what is useful and not to chart facts which have little impact on the decisions involved. The idea is not to produce a child’s guide, with a picture on every page, but a usable business document. There can be no firm rules about what items should make up the content of a strategic plan, although I should recommend that the following at least be considered.
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Strategic Management Tutorial
From Planning To Strategic Management And Beyond
Strategic Management: Success Or Failure?
A Look At The Total Process
The Challenge Of The Future
The Environment: Assumptions In Planning
Techniques For Assessing The Environment
Business Philosophy (ethics And Morality) And Strategic Management
The Corporate Appraisal – Assessing Strengths And Weaknesses
Analysing The Industry And Competitors
Analysing The Uk Management Development And Training Industry: A Case History
The Search For Shareholder Value
Vision And Objectives
Strategic Portfolio Analysis
Portfolio Analysis In Practice
Strategic Planning – A Second Look At The Basic Options
Multinational And Global Strategy
Technology And Manufacturing
Strategic Planning For Human Resources
Relating To The External Environment
Evaluating A Business Plan
Project Planning And Appraisal
From Plans To Actions
Management Of Change
Introducing Strategic Management
Why Planning Sometimes Fails
Strategic Management To Strategic Change?
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