Question: What is a strategy? What does a good strategy provide for an organization? Why is strategic planning important for all organizations? Summarize the key practices
- What is a strategy? What does a good strategy provide for an organization?
- Why is strategic planning important for all organizations?
- Summarize the key practices for a strategic focus on performance excellence.
- Explain the elements of a typical strategic planning process.
- Define mission, vision, and guiding principles. What is the purpose of each?
- What factors are examined in an environmental assessment?
- What are strategic challenges? Why is it important to understand them in strategic planning?
- Explain the difference between strategies, strategic objectives, and action plans.
- What is strategy deployment? How does it differ from strategy development?
- Explain the concept of hoshin kanri and provide a simplified description of this process.
- How does catchball play an important role in policy deployment?
- Why is it important to address human resource plans in strategic planning?
- List and explain the seven management and planning tools.
- Describe the key contextual factors that affect organizational structure. What implications do they have for quality?
- Describe the types of organizational structure commonly used. What are the advantages or disadvantages of each?
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