Planning strategically is an essential process for any organization because it supplies a framework for goal setting,
Question:
Planning strategically is an essential process for any organization because it supplies a framework for goal setting, creating an action plan to achieve those goals, and measuring success in achieving those goals. Strategic planning involves:
- Analyzing the current situation.
- Determining goals and objectives.
- Designing an action plan to achieve those goals and objectives.
- Monitoring progress toward achieving those goals and objectives.[LM1]
Participating in the function of strategic planning is necessary if an organization wishes to ensure that it will be successful in achieving the goals it has set for itself.
Helping Hands is a small, non-profit organization that offers assistance and asset to people who are in need. I have decided to focus on this organization throughout this class because it fits the criteria, I was looking for in an organization to study. In addition, because I am this organization's leader, I must see that things are operating efficiently and effectively and that our goal of administering to those in need is being fulfilled.
This organization's new validities include the following:
- Adjusting to the current economic climate.
- Increasing donations and funding.
- Ensuring that our services reach those in need.
- Ensuring that our staff works effectively and efficiently.[LM4]
Among these new facts is guaranteeingthat our team works effectively and efficiently. Thinking strategically is essential to ensure that the organization makes the best possible decisions to accomplish its mission. It is required to do this because of strategic thinking.Thinking strategically enables us to identify and assess our current situation and our goals and objectives and devise a strategy for how best to achieve those goals and objectives.
As a leader, I will gain commitment on behalf of the people working within the organization by actively participating in the process of strategic planning, effectively communicating the significance of the process, and providing support and resources to ensure that our objectives are met. In this scenario, the critical success factors include:
- Ensuring that those in need receive our services.
- Increasing donations and funding.
- Adapting to the current economic climate.
- Ensuring that our staff works effectively and efficiently.
The first thing that needs to be done to begin the strategic planning process is to analyze the current situation and pinpoint any areas of opportunity or concern. This involves conducting an internal and external analysis of the organization, which includes identifying potential threats and opportunities, evaluating the organization's current position in the industry, and assessing the organization's strengths and weaknesses. This analysis needs to consider quantitative and qualitative pieces of information, such as financial data, customer comments, and market research results. This evaluation should be carried out regularly to guarantee that the organization is consistently generating the most effective decisions it can make.
After an analysis of the current situation has been completed, the subsequent step is to determine the aims and purposes of the organization. This requires the establishment of both long-term and short-term objectives and the formulation of criteria by which the organization will evaluate its level of achievement. The purposes ought to be, measurable, reachable, pertinent, and constrained by a time frame (SMART). The next step, which follows identifying the goals, is developing an action plan to accomplish those goals.
The plan of action should incorporate short-term and long-term strategies, in addition to systems and tactics that will be used to accomplish the objectives. The timetable should be created based on the organization's analysis of the present circumstance, including specific actions and timelines for carrying them out. In addition, it ought to contain a budget for the activities outlined in the plan.
Tracking and measuring progress are the next step in the strategic planning process. This entails performing regular checks to evaluate the state of the organization's progress concerning the goals and objectives that have been established and making appropriate modifications as required. This procedure should be carried out consistently to guarantee that the organization can always produce the highest quality decisions.
Evaluation of the effectiveness of the plan is the very last step in the process of developing a strategy for the company. This involves evaluating how well the organization performed compared to the established goals and objectives, as well as figuring out whether the plan was successful. This procedure should be carried out consistently to guarantee that the organization can always produce the highest quality decisions.
In conclusion, strategic planning is an essential part of any organization. Helping Hands must engage in strategic planning to achieve our mission. Through strategic planning, we can identify our goals, develop an action plan to achieve them, and ensure that our services reach those in need. The critical success factors for Helping Hands include increasing donations and funding, adapting to the current economic climate, and ensuring that our staff is working effectively and efficiently. Ultimately, our goal is to positively impact society by aiding and support to those in need.
Continuing with the organization that you chose, develop Part 3 of the plan, following the process outlined on page 45 of your text. Continue with the approach you decided to take, either as a consultant or as the organizational leader engaging in the process of strategic planning.
Develop Tactics: Tactics must be related to objectives. For this section develop one or two tactics for each objective, you can use the following questions as guidelines but make sure to describe the actual tactic in your paper.
- How will we get there?
- What are the best options?
- How will we manage the change?
- What changes in culture are required?
Implement, Evaluate, And Continuously Improve: Wrapping up this extensive work, consider the following questions and answer them as thoroughly as possible. This will require you to be creative and visualize the future, and the possible scenarios the company may face.
- How will we manage performance?
- How will we achieve continuous improvement?
- How will we know if we are successful?