Preview

Strategic Planning: the Managerial Agenda

Powerful Essays
Open Document
Open Document
1170 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Planning: the Managerial Agenda
Strategic Planning: The Managerial Agenda If asked what strategic planning is one could interpret it as simply a road map that can guide the organization in the right direction. It is very unlikely that an organization would know which direction to take without a sense of direction. Managers are faced every day with decisions that have a major impact on the direction the organization must take, therefore, strategic planning can play an important role in guiding managers in the right direction. In other words strategic planning is a tool that management can use to give them a sense of direction that will guide them in doing a better job and to ensure that all the members of the organization are working toward the same goals
"An article by Beecroft (1999) entitled "The role of quality in strategic management" discusses the significance of quality considerations in the development of effective strategic plan. One primary concern the author saw was the relationship between quality, short and long-term objectives, and bottom line profits. According to the author, "Conformance to design and customer requirements translates to quality, therefore higher conformance is higher quality. Higher quality results in lower costs and increases competitiveness, leading to an increase in sales and market share, more jobs and improved profitability" (p. 499). In relation to strategic planning and implementation, the consideration of quality as an overall dynamic for future success must be included in any given strategic plan. Regardless of the direction that is chosen for strategic planning, matters of quality must be taken into account to initiate widespread change and acceptance (Beecroft, 1999). Managers should have a strategic agenda to follow if they are to accomplish short term and long term goals. If the organization does not have a clear understanding of what needs to be done to achieve a specific goal regardless if its short term or long term then its efforts will



References: Beecroft, D. G. (1999). The role of quality in strategic management. Management Decision, 37(6), 499-502. Retrieved October 1, 2007, from ABI/INFORM Global database. (Document ID: 117543216). Poister, T. H & Streib, G. (2005). Elements of strategic planning and management in municipal government: status after two decades. Public Administration Review, 65(1), 45-56. Retrieved October 13, 2007, from ABI/INFORM Global database. (Document ID: 788053391). Ragland, V. C. (2007, August 22). PLANS Topic: 210: The strategic plan. Hyde Park Citizen,p. 6. Retrieved October 3, 2007, from Ethnic NewsWatch (ENW) database. (Document ID: 1331135651). Shetcliffe, J. (2007, February). Strategic management. Insurance Brokers ' Monthly and Insurance Adviser, 57(2), 20,22. Retrieved October 11, 2007, from ABI/INFORM Global database. (Document ID: 1218918781). Willging, P. (2006, November). You can 't get there without a road map. Nursing Homes, 55(11), 14,16-17. Retrieved October 10, 2007, from ABI/INFORM Global database. (Document ID: 1176759031).

You May Also Find These Documents Helpful

  • Good Essays

    Strategic planning is an organisations process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and customers. Various business analysis…

    • 1554 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Omis 5210 Quiz 1

    • 1000 Words
    • 4 Pages

    3) In the article “Eight Dimensions of Quality”, strategic errors are made with regards to quality when organizations:…

    • 1000 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    Proj 587 Week 4

    • 4394 Words
    • 18 Pages

    Dess. (2012). Strategic Management text and cases, 6th Edition. McGraw-Hill Learning Solutions. Retrieved from <vbk:0077653017#outline(12.6.4.2)>.…

    • 4394 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Pearce, J. A. II, & Robinson, R. B. (2009). Strategic management: Formulation, implementation, and control (11th ed.). [University of Phoenix Custom Edition e-text]. New York: McGraw-Hill. Retrieved August 20, 2011, from University of Phoenix, BUS - 475 – Business Integrated Topics Course Web site.…

    • 1378 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    References: Pearce II, J. A., & Robinson, Jr., R. B. (2009) Strategic Management (11th ed.) Retrieved from The University of Phoenix eBook Collection database.…

    • 826 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Swot Analysis Hca 340

    • 1151 Words
    • 5 Pages

    This, d. a. (n.d.). All About Strategic Planning . Free Management Library (SM). Retrieved March 31, 2011, from http://managementhelp.org/plan_dec/str_plan/str_plan.htm…

    • 1151 Words
    • 5 Pages
    Better Essays
  • Good Essays

    “Strategic planning is an organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people” (Wikipedia).…

    • 851 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Wells Fargo Strategic Plan

    • 6818 Words
    • 24 Pages

    References: Astrup, K.. (2010). Spotlight on THE STRATEGIC PLAN. International Journal of Government Auditing, 37(4), 20-23. Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 2184292441).…

    • 6818 Words
    • 24 Pages
    Powerful Essays
  • Best Essays

    Cothran, H., & Clouser, R. (2009, May). Strategic planning for communities, nonprofit organiations, and public agencies. Food and Resource Economics, 5(), 1-7.…

    • 2042 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Strategic planning is the backbone of the strategic management in the organization. Strategic management takes care of the overall organization by periodically checking the strategic planning of the organization to make sure that the planning is still in line with the directional strategies, which ensures the future of the company. Strategic management is more of a thought process then a physical tool, which helps to predict issues that will be important to the future of the healthcare company. Strategic management is a way of life and not just a temporary tool to satisfy the government industry…

    • 739 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Quality is strategic. This may seem somewhat obvious, but the actions of Companies implementing quality measures oftenobscure this fact. This is especially true when a comÑpany is in a reactive mode and does notjise effective planning. In this chapter we discuss iinpörtant aspeêts of strategic quality planning. Strategic planning has two important dimensions: content and pro ess. Strategy content answers the question of what is to be contained in the strategic plan. Mw consists of the steps used to develop the strategy.…

    • 338 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Stephen G. Haines (2004). ABCs of strategic management : an executive briefing and plan-to-plan day on strategic management in the 21st century.…

    • 5261 Words
    • 22 Pages
    Powerful Essays
  • Better Essays

    Strategic management begins with the company’s vision, mission, and goals. With these in the forefront of the decision making process, CEOs and higher-level managers or officer, and company executives develop, devise and create strategic plans for the long-term success of the firm. A strategy is a company’s game plan (Pearce & Robinson, 2011); it is a framework created and initiated at the start of a business used to clearly define company objectives for the overall present and future success of the company. Dobson, Starkey, & Richards (2004), in their book, “Strategic Management: Issues And Cases” state, “A well defined strategy integrates an organization’s major plans, objectives, policies and programmes and commitments into a cohesive whole” (Ch. 1). Top-level managers, such as CEOs, board of directors, and administrative Officers, are involved in the umbrella of the company’s strategic planning. Dobson et al. (2004) define management, “,,,in terms of its function as those activities that serve to ensure that the…

    • 1282 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Strategic Management is nothing else but plans defined by the management of an organization to achieve a long term goals which are predefined and monitored towards reaching the organization’s goal. The steps that are taken till now are being monitored to make sure that they have been carried out in the most efficient manner possible to achieve organizational predefined goal as described in the mission statement which directs the strategic management process.…

    • 1707 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Phd Proposal

    • 4080 Words
    • 17 Pages

    Bibliography: Ansoff, H. Igor (1965), Corporate Strategy, Penguin Books. Ansoff, H. Igor (1984), Implanting Strategic Management, Prentice Hall. Barry B.W. (1986), Strategic Planning: Workbook for Non-Profit Organizations, St. Paul, Minnesota. Berry, FS and Wechsler, B (1995), “State Agencies‟ Experience with Strategic Planning: Finding From A National Survey”, Public Administration Review, MarchApril, 1995, Vol.55, No.2. Bryson, J.M. (1989), Strategic Planning for Public and Non Profit Organizations, Jossey-Bass Publishers. Certo and Peter (1990), Strategic Management Process, Singapore, Mc Graw-Hill. Flynn, N and Talbot, C (1996) “Strategy and Strategists in UK Local Government”, Journal of Management Development, _ Vol. 15, Issue 2. Glueck, W.F., et. Al (1982), “Four Faces in Strategic Management”, in Journal of Business Strategy, Winter. Joyce, P. and Woods, A. (2001), Strategic Management, Kogan Page Limited, London.…

    • 4080 Words
    • 17 Pages
    Best Essays