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Strategic Planning Based Work Completing Essay

… A second obstacle is the lack of time to schedule these activities.

Trends in healthcare industry that will affect decisions

The healthcare industry has continued to be demanding for health care providers by requiring them to spend more of their time doing their work and leaving them only few hours for their own personal development. This will affect my decisions by leaving very little time for personal activities which are needed for achievement of some of the goals. However, there are certain trends that will influence my decisions positively. One example is the progress towards improving quality of health care provided. This will provide the environment for achievement of the goal of improving the overall quality of health care provided.


A personal mission and…. [read more]

Strategic Planning Present Essay

… However, if innovative approaches are used (such as: the home health model) these costs will dramatically decline. This is because there is a concentrated effort on offering different solutions by controlling the kinds of services everyone has access to. These groups can be able to seek out more specialized services only after their condition has worsened. Those who do not need them will receive preventive treatment to ensure that their underlying levels of health remain consistently strong. This is achieved through regular visits and teaching everyone the importance of living a healthy lifestyle. (Berenson, 2012)

At the same time, technology will be used to improve communication between health care professionals and stakeholders. These ideas are showing how strategic planning, performance improvement and information systems are…. [read more]

Strategic Planningmanagement Term Paper

… Vision defines what an organization desires to be, and/or how it wants its world to be. In the long-term, it acts as the source of inspiration to the organization. Similarly, mission defines the fundamental purposes of an organization, concisely describing the reason for an organization's existence, as well as what it does towards achieving its vision. Schraeder (2002) elicits the values of an organization to be the beliefs shared among the stakeholders, which drives the organization's culture, priorities and offers the framework upon which decisions are generated. Finally, strategy defines the art of combined goals for which a company or an organization strives to achieve, and the means through which such goals are met. Through setting ofstrategies, an organization is capable of predicting its favorable…. [read more]

Strategic Planning Consists of Fitting Term Paper

… Purchasing power is the relationship between income and the cost of goods and services. Inflation measures the relative real value of currency based on changes from year to year. Recession is a period of negative income growth; it affects consumer spending habits tremendously.

The Impact of Technology on Firms is critical, especially when the rate of technological growth and development in the marketing environment is fast-paced and continually increasing. In general, organizations must respond to changes in technology by conducting research and then applying that research to develop new products based on that research. Some of the approaches used to do that include building scenarios, conducting online research, discussions with early adopters, analyzing marketing research, promoting an environment that encourages innovation and creativity, and catering…. [read more]

Importance of Strategic Planning for Training Companies Term Paper

… ¶ … Strategic Planning for Training Companies

The Case of SMEs in the UAE

Organisations are increasingly dependent upon it systems and infrastructure, but they also need good quality employees, and training them properly is crucial. Training companies exist, but the strategic planning of these companies does not always work well with the planning that other companies are engaging in. Eventually, organisations are subjected to many risks, so their business is inherently risky. How long can an organisation afford downtime because of a lack of strategic planning and business continuity? How long does it take to recover from a disaster; and, what does it cost? The purpose of strategic planning is to enable a business to continue operations in event of a disruption and/or to…. [read more]

Strategic Planning Achieving Essay

… CSR leads marketers to the notion of both global and stakeholder responsibility, and an organizational system that begs for sustainability -- not just to outlast the competition, but to increase customer loyalty, presence in the global market, and a stronger unification with the political bureaucracies. There is a clear integrative framework involved that impacts the idea of sustainable marketing concepts (Maignan & Ferrell 2004). Thus, the three guidelines that would be most efficacious when dealing with the ethnical and morality of my project, and in line with CSR, would be:




Maintain appropriate culture for internal and external stakeholders.

"Walk the Talk," people respond best when they see consistency and a lack of hypocricy

Ensure appropriate levels of modeling behavior, documents and actions…. [read more]

Strategic Planning According to Mark K. Fiegener Term Paper

… Strategic Planning

According to Mark K. Fiegener's Matching Business-Level Strategic Controls to Strategy: Impact on Control System Effectiveness, in general, companies that employ tight strategic control systems that fit the corporate strategy have more effective strategic control systems. However, this correlation only applies to cost-leaders, and not for differentiators. The main reason for this difference is the general difference that separates cost-leaders from differentiators.

On the one hand, the purpose of cost-leaders is to design, produce and market more efficiently that their competitors. Thus, the focus of the business strategy is to reduce overall costs while maintaining the general quality of the product. On the other hand, differentiation focuses on creating unique and superior value in terms of product quality, features and service. Thus, strategic…. [read more]

Strategic Planning for Companies Research Paper

… Threats

Obsolescence of their applications is the biggest threat there is, followed by the lack of support for cloud-based platforms, analytics, BI and distributed order management. The licensing approaches that are in large part predicated on the on-premises delivery model is also difficult for many customers to accept as more and more companies are moving towards more flexibility in their contract management applications. All of these factors are significant threats to Cincom today.

Microsoft Strategic Plan Analysis and Assessment

At present CMBS is generating between $7M to $10M a year in revenue. CMBS senior management has been working through various forecasting scenarios with customers, and has devised the following strategic plan assessment of the revenue contributions from each Microsoft software components.

Microsoft Strategic Plan Revenue…. [read more]

Strategic Planning Is a Disciplined Effort Term Paper

… Strategic planning is a disciplined effort to produce fundamental decisions and actions that shape and guide what an organization is, what it does, and why it does it, with a focus on the future. The scheduling for the strategic planning process depends on the nature and needs of the organization and the its immediate external environment. The four phases of strategic management will be as follows:

Environmental Scan: Defining who we are as an organization

Vision Formulation: Determining who we want to be.

Plan Development: Discovering how we will achieve our goals

Plan Implementation: Evaluating our achievements

Having built up a picture of the company's past aims and achievements, the all-important SWOT (strengths, weaknesses, opportunities and threats) analysis can commence. SWOT stands for Strength, Weakenesses,…. [read more]

Strategic Planning Is a Systemic Essay

… This is usually done so as to measure the impact of the strategic plan and if there are any changes supposed to be made. This is done to make sure that the plan is still on track. Any action necessary to facilitate the success of the plan is then taken. This involves the collection of the information available and its analysis is carried out. This focuses on the set goals, the outcomes, and performance.

Sweet Peas catering services must use benchmarking management system. This monitors the progress made in the implementation of the plan. One method of monitoring a strategic plan is through monitoring project against the plan. This is done by monitoring the strategic planning parameters. A record of the performance is made, and…. [read more]

Strategic Planning May Essay

… Strategic Planning

May (2010, p. 1) defines strategic planning as "a game plan for gaining competitive advantage and earning higher profits." The author notes several purposes of strategic planning. A business that has sufficient strategic plans in place, for example, are focused on creating value for the customer in terms of more efficient use of limited time, financial and other resources. Strategic planning also helps to mitigate crisis management, as a concrete plan that is in place minimizes crises as a result of surprises. It also promotes the communication process, creating effective channels of connection between the business, customers, investors, and employees. In this way, sustained and profitable growth can be managed by more effectively managing strategy.

Strategic planning is primarily based upon the components…. [read more]

Strategic Planning Smith and White Term Paper

… This will result in a rise in the prices which may affect the sales of a product. Hence we at Makatume should practice closer supplier relationships which will ensure competitive and quality products.

Makatume should also allocate a larger budget for its advertising sector and increase awareness in the market via media and maintain brand equity. It should ensure that a positive attention and impression is given on its products through the media. Any negative attention to an organization or its product can lead to diverse effects. Thus controlling the type of attention that its products receive, Makatume would be able to secure its sales throughout the world.


Makatume, is trapped in using low voltages due to the type of cordless technology which…. [read more]

Harvard Business Review Assessment Task Essay

… In addition, the analyses allow the planners to create oil-extraction plans that may live many years into the future and down-stream generation plans up to five years out. Classical strategic plan is significant because it will help an oil company to find and exploit new oil sources, to build production plants, and keep the plants running at maximum capacity. In addition, this style will help the company predict finances, which are significant when determining annual targets. The classical model works well with oil companies because their planners or strategists work in an environment whereby most attractive positions and the most rewarded capabilities today, is likely to remain the same in the future.

Classical Strategic Theory

This strategic theory is the earliest theory about strategic management,…. [read more]

Strategic Planning Mission, Vision, Goals and Objectives Term Paper

… Strategic Planning

Mission, vision, goals and objectives

The company's mission as stated on the corporate website is to "safely deliver any project, any time, in any environment for the benefit of our customers, shareholders, employees and the communities" the company serves. The company is looking to serve its customer with top products within specific time limits, thus emphasizing the importance of their products and services' quality.

The vision is "to be the world's premier contractor delivering projects and services to a global marketplace." This vision is consistent with that of any large company trying to outrun its competition in the globalization era.

Some of the most important company values pay respect to:

Uncompromising commitment to Health, Safety and Environment

Integrity in all they do

Transparency…. [read more]

Strategic Planning in it Impact Term Paper

… , 2001). This shift is linked to better connectivity and cost-performance ratios in technology. It can also be tied to changes in applications: from data processing and management information systems, to individual and office support on PCs and office systems, and then on to electronic data interchange (EDI) and inter-organizational systems, platforms, and networks (Ward et al., 1990).

The ongoing convergence of computer and communications technologies, and the increasingly widespread use of databases, networks, and integrated systems requiring long-term planning perspectives, also stimulated interest in IT planning (Boynton and Zmud, 1987). Progressive hype and a follow-the-leader attitude have been sufficient to sustain a dramatic growth in IT expenditure in the early days of this technology revolution.

More recently, however, the large resource demands and the…. [read more]

Strategic Management and Business Policy Questions Research Proposal

… Strategic Management & Business Policy Questions

The impact of globalization and the Internet presents real challenges for corporate strategic planners across the world. What is the impact of globalization and the internet on corporations? Why is astute strategic planning a must in today's competitive business world?

The paradoxical role of the Internet as a means to streamline both customer-facing and supplier management processes within an organization is revolutionizing the strategic planning process as well. While there are those that contend that the Internet is leading to all nations become westernized at a much greater rate than they otherwise would, there is ample evidence to the contrary (Lombaerde, Lelio-Iapadre, 2008). In fact the Internet is strengthening cultures globally as they seek to stay differentiated and hold…. [read more]

Planning and Policy Essay

… Strategic Planning in Education

Every learning organization has the long-range strategic objectives that seek to balance limited resources with the overarching objective of delivering exceptional educational experiences for students. For private high schools this is particularly difficult as they seek to balance the costs of delivering exceptional education with the constraints that economic conditions are placing on all educational institutions. Seeking to accomplish the goal of enriching students so they see the inherent value of learning as a lifelong endeavor while also providing them the necessary concepts, frameworks and concepts to ensure they can compete in an increasingly uncertain, complex world requires an intensive focus on strategic planning concepts. For strategic planning to be effective, organizations must have a clear idea of how they will…. [read more]

Importance of Strategic Planning and Management in the Business Environment Essay

… ¶ … Strategic Planning and Management in the Business Environment have thought about starting a small online ebook store. The operations will be entirely online, with the ordering and payment processes occurring online. The business will cater to an emerging readership market that requires the convenience of electronic reading material. Both nonfiction and fiction works will be offered.

Strategic management and planning are vitally important components in an any business. According to Tone Cesnovar (2006), strategic management and planning focus on a response to challenges directly from the environment. The author distinguishes between two approaches to such management. The business owner can for example implement strategic planning by means of a conscious, controlled, formal processes and management techniques, or more informal processes such as those…. [read more]

Importance of Strategic Planning in the Bank's Performance Term Paper

… ¶ … Strategic Planning in a Bank's Performance

Strategic planning improves bank performance. There is a clear positive correlation between a bank's quality and quantity of strategic planning, and their economic performance (Hopkins). The purpose of this paper is to demonstrate the link between quality strategic planning and performance, but more importantly to suggest why strategic planning produces benefits in banks' bottom lines.

Banks have been more affected by economic changes than most other industries in the past 20 years. All the major business trends appear to have impacted how banks compete for customers and amongst themselves. These major trends include:

Disintermediation due to Internet and other services taking some of banks' functions, such as check-writing, bill settlement, cash management and money transfers. This trend…. [read more]

Strategic Planning in Healthcare - Medical University Term Paper

… Strategic Planning in Healthcare - Medical University of South Carolina

How does MUSC deliver its services?

As an academic institution, MUSC delivers its services in the form of education programs, primarily at the graduate and postgraduate level, for health care professionals and biomedical scientists.

As a research institution, MUSC promotes the application of new knowledge and actively supports the fields of biomedical, behavioral and health-related investigations.

As a clinical institution, MUSC provides healthcare services to the community that are otherwise unavailable locally and provides medical services to those who are unable to afford the medical treatment they require.

Question 2. Who needs or will "buy" their services?

Presumably, those community member constituents who require medical services furnished by MUSC who can afford their share of…. [read more]

Strategy Management: 'Strategic Planning Term Paper

… (Porter, 1985)

Please see the illustration of Porter's Five Forces Model below:

III. Differentiation of strategic planning from Financial/Long-term Planning:

Long-range planning/Financial planning are characterized by a projection from the present and build upon the base of anticipated trending in the future through data, competitive assumptions. This is a numbers drive process while strategic planning is more qualitative and idea driven in nature.

IV. Strategic Thinking:

In order for strategic thinking processes to be effective the participants must be "active, involved, connected, committed, alert, and stimulated." Mintzberg (1994) states that it is "the calculated chaos" of in their work that drives their thinking, enabling them to build reflection on action as an interactive process' and further stating that: "Such thinking must not only be informed…. [read more]

Wal-Mart's Strategic and Financial Planning Essay

… Wal-Mart also needs to offer a broader assortment of merchandise as it works with suppliers to provide new innovative products. Actually, the firm is working closely with its suppliers to provide a wider mix of products after it recently received some negative feedback. This contributed to its withdrawal of some less profitable items from its stores and attempts to enhance the product assortment available to customers ("Walmart U.S. Growth Strategy," n.d.).

The major effect of the initiative on the firm's financial planning is that its moderations require a large amount of capital. While the initiative tends to be highly effective on an overall basis, it may not offer short-term profits, which needs to be considered in the company's financial planning. The other effect of the…. [read more]

GE Capital Strategic Planning Essay

… The knowledge databases regarding current projects, the previous projects, and upcoming projects is shared through the web-based portal called GM Access. The knowledge and expertise of senior level employees is available that may help guide the new members to learn quickly regarding proposal drafting, follow through, and effective marketing service to their respective clients. Since the management failure, the company has learned much and has managed its risk well in the financial and consumer markets. Currently the company is on the path of consolidating the operation and decreasing the assets of the company from $600 billion to $300 billion. The main divisions of GE Capital that the company has dissolved or abandoned are GE Money Japan, Consumer RV Marine, Consumer Singapore and Australian Home Lending…. [read more]

Management Strategic Planning Research Paper

… Management

Strategic Planning

Strategic Planning is an administration tool that aids a company to center its energy, to make sure that affiliates of the company are working toward the same objectives, to evaluate and regulate the company's direction in reply to an altering atmosphere. Strategic planning is a regimented attempt to create basic choices and actions that form and direct what a company is, what it does, and why it does it, with a focal point on the future (What is strategic planning, 2009).

The process is strategic for the reason that it entails planning the best manner to react to the conditions of the company's atmosphere, whether or not its conditions are known in advance. Acting strategically means being apparent about the company's goals,…. [read more]

Strategic Planning That Will Enable Book Report

… ¶ … strategic planning that will enable an organization gain competitive advantage. Nature of strategic planning involves understanding importance of strategic marketing and the basic knowledge of outlining a marketing plan. Strategic marketing management therefore involves strategic business units that have distinct mission and specific target markets; marketing plan and strategic organization can identify its strategic alternatives through Ansoff's opportunity Matrix. The matrix has market penetration, market development, product development and diversification. A marketing plan is very important for organizations hence they need to know its importance. When it comes to writing a marketing plan there has to be knowledge and understanding of the elements of the marketing plan. Each organization has to have its own mission statements which are also relevant for small…. [read more]

Health Care Strategic Planning Case Study

… Health Care Strategic Planning

Over the last several years, the health care industry has been facing a number of different challenges. Part of the reason for this, is because of changes in demand have meant that costs have been increasing exponentially. A good example of this can be seen with a study that was conducted by the Kaiser Foundation. They found that health care prices have risen by 47% since 2005. (Abelson, 2010) This is problematic, because it means that a variety of health care organizations are facing a number of different challenges.

In the case of California Hospital Medical Center, they have been dealing with similar issues. To fully understand the overall scope of these problems requires examining the various weaknesses facing the facility.…. [read more]

Stakeholders Improves the Strategic Planning Process Essay

… ¶ … stakeholders improves the strategic planning process in several ways. The first is in terms of securing approval. Most plans require some form of approval to proceed, and this approval is often subject to being blocked by one or more groups of stakeholders. Alternately, stakeholder protestations can convince those who have the power to block approval to do so. However, if the various stakeholders are able to outline their needs and desires during the process, two things are accomplished. The first is that those needs can be incorporated into the plan. In lieu of that, the stakeholders will at least feel that they had their voice heard, and they are then less likely to block approval. Management also has the opportunity to prepare for…. [read more]

Moore and Kearsley Strategic Planning Thesis

… Moore & Kearsley

Strategic planning involves defining an organization's vision and a mission, goals, and objectives and perhaps most importantly of all, how to achieve those goals. For a distance learning course, the organizational leadership in its strategic planning needs to be explicit about who the organization is attempting to serve, with what means, how, and why, particularly given the recent proliferation of online venues to take classes. Like with any product, there must be a niche of demand for the specific educational product provided by the institution, and it must differentiate itself in terms of customer segmentation, cost, or the method of delivery. In terms of the last element, when creating the venue, 'the means of production' must be clearly defined, namely the method…. [read more]

Strategic Management Action: Strategic Position Case Study

… (, nd)

The SPACE Matrix is a matching tool in stage 2 and is inclusive of a four-quadrant network indicating if aggressive, conservative, defensive of competitive strategies are the appropriate choice for the specific organization. Numerous variables may comprise each of the four dimensions depending on organization type.

The Boston Consulting Group (BCG) Matrix provides a graphic representation in the differences among the organizational divisions relative to the market share position and growth rate of the industry. The Matrix four quadrants are represented as follows:

(1) Question marks: Explained is that the divisions in this quadrant have a relatively low market share position and compete in a high-growth industry. Cash needs are high and cash generation low.

(2) Stars; This quadrant represents the best long-run…. [read more]

Strategic Management Porter's Five Forces Research Paper

… Bowne helps clients create, edit and compose their documents, manage the content, translate the documents when necessary, personalize the documents, prepare the documents and in many cases perform the filing, and print and distribute the documents, both through the mail and electronically."

They also make the statement that the industry they are engaged in has many small, independent contractors that share in the overall profitability of the industry. This has made it necessary for Bowne to continue to create products and processes that its customers will use to increase its promise of increased profitability.

First, it is necessary to look at the financial stability of the company relative to what they say. Financially, Bowne slid in their market share in both 2008 and 2009. The…. [read more]

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