You are on page 1of 15

Report by:

Dr. Teresita P. Fampo

STRATEGY-plans

& activities developed by an organization in pursuit of its goals & objectives, particularly in regard to positioning itself to meet external environmental demands relative to its competition.

PLANNING-management process leads to the establishment of objectives & help to the organization a direction that can exist in the external environment.

a step-by- step process with definite objective and products that can be implemented and evaluated -a process by w/c one look into the future, a picture of what a future based on current trends & influences the forces that will affect as.

STRATEGIC PLANNING-

1.) 2.) 3.) 4.) 5.)

Objectives Targets Strategies Time Frame Budget

National level- strategic


planning

District level- operational plan or


management plan

1.)Corporate strategy 2.) Business strategy 3.) Functional strategy

-focus on a decision of what type of business the organization should be in and how it should allocate resources.

Corporate strategy

include decision about new services or diversification.

-may

on a decision about how each of these business will compete in the market as a provider of an specific service or products.

Business strategy-focuses

Functional level of strategydetermines how an organization will operationalize the corporate & business strategy.

Strategic Formulation

Process Strategic Implementation Process

Consensus Of Mission & Vision Environmental Assessment Setting Goals & Objectives

Mission- a formal short written description of the


purpose of the organization.

Vission- usually compelling description of how the


organization will or should operate in the future and how costumers or client are benefiting from the organizations product or services.

Environmental assessmentan environmental factors using macro environmental analysis or trend assessment.

Macro environmental

analysis- the first

step in the strategic

formulation process -this analysis involves number of areas : political , economic , legal , social , & technological Successful implementation of these strategies is a crucial part of the planning process.

Organizational structure Division Of Labor Resource Allocation Leadership Control Information System Incentives Standards Measurements.

A number of characteristics of the strategy itself can influence the Implementation process which includes:
Complexity Divisibility Reversibility Diversity, or Consistency

and Degree of Agreement.

Complexity

- refers to number of different parts to the strategy & the difficulty in achieving them.

Divisibility - refers to the amount a strategy plan


can be broken into subcomponents making it simpler to implement.

Reversibility - implies the degree to which the


strategic plan can be modified or discontinued if it becomes unnecessary.

Diversity or consistency- refers how


consistent the plan is with the current or previous strategic orientation.

Degree of agreement refers to the


acceptance of the strategic plan by key organizational stakeholders.

Performance

- final step in the strategic process evaluating performance & effectiveness of the plan towards achieving its objectives

Basic Types of Performance Indicators Financial Operational Other Strategic Indicator


Financial are board based values based on standards or competitive comparison. Operational indicators rate of efficiency & effectiveness of the organization. Other indicators may include public opinion or other more abstract measure.

STRATEGIC IMPLEMENTATION is implemented by means of programs, budget & procedures

EVALUATION and CONTROL consist of the following steps:


Define parameters to be measured

Define targets value for those parameters


Perform Measurements Compare measured results to the pre-defined

standard Make necessary changes. THANK YOU!!!

You might also like