Organizational Strategic Planning for Now and the Future
Daniel D. George
August 16, 2008
Introduction to Organizational Strategic Planning for Now and the Future
It is in my opinion that the single most important element of an organization is its mission and desire to succeed. There is short term success and there is long term success. The difference between the two, are simply a difference in the vision of the organizations leaders. The ability to see ahead and be able to predict what the new trend or newest technology will be and its ability to advance the organization to a more competitive level.
Our world of business is a constantly changing and evolving process. It seems that with each passing year our world of nations seem to be inching closer and closer to being a unified global community, maybe even someday using a single world currency. While all these things may be many years down the road, there is still a huge growing competitive industrial market out there.
In this reflective paper I would like to point out what some of the strategic plans are for many of our larger corporate organizations as well as how their process of planning takes place. What kind of organizational changes may have to take place in order to successfully execute the plans and ultimately their mission statement.
Wikipedia encyclopedia defines strategic planning as “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”. Different tools that organizations use in strategic planning are techniques such as the analysis of their strengths, weaknesses, opportunities and threats or SWOT as well as the analysis of the political, economical, social and technological environment. PEST. In the strategic planning process, organizations must be able to utilize their strengths to the best advantage, identify and correct...