Strategic Planning

Topics: Management, Organization, Decision making Pages: 4 (1334 words) Published: July 11, 2006
Strategic planning is a management tool, as with any management tool, it is used for one purpose only: to help an organization do a better job - to focus its energy, to ensure that members of the organization are working toward the same goals, to assess and adjust the organization's direction in response to a changing environment. Basically, 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 process is strategic because it involves preparing the best way to respond to the circumstances of the organization's environment, whether or not its circumstances are known in advance; often must respond to dynamic and even hostile environments. Being strategic, then, means being clear about the organization's objectives, being aware of the organization's resources, and incorporating both into being consciously responsive to a dynamic environment.1 The process is about planning because it involves intentionally setting goals and developing an approach to achieving those goals. The process is disciplined in that it calls for a certain order and pattern to keep it focused and productive. The process raises a sequence of questions that helps planners examine experience, test assumptions, gather and incorporate information about the present, and anticipate the environment in which the organization will be working in the future.2 The process is also about making decisions and implementing actions because choices must be made in order to answer questions about the organization. The plan is ultimately no more, and no less, than a set of decisions about what to do, why to do it, and how to do it. Because it is impossible to do everything that needs to be done in an organization, strategic planning help in deciding what organizational decisions and actions are more important than others - and much of the strategy lies in making the...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Nursing Management (Planning) Research Paper
  • Essay on Strategic Planning and Strategic Intent
  • Essay about Effective Human Resource Planning.
  • Essay about Developing a Strategic HR Plan
  • Human Resources (HR) Planning Process Presentation Essay
  • Strategic planning Essay
  • Essay about Strategic Planning For Small Business
  • Essay on Strategic Planning

Become a StudyMode Member

Sign Up - It's Free