2011 WINTER EXAMINATION Module Code: SP Programme(s): MBA/MSc Marketing Student ID: Module Title: Strategic Planning Seat Number: Exam Date: Exam Duration: 05 January 2011 3 hours No. of Pages (including cover sheet): 3 ALLOWABLE MATERIALS Open Book Examination Non-programmable calculator permitted INSTRUCTIONS TO CANDIDATES 1. Answer 3 questions out of 9 2. All questions carry equal marks. 3. This exam is worth 50% of the final marks for this module. You are required to
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Strategic Planning MGT3880: Leadership for Organizations George Henson Strategic planning is a process of optimism by an organization. It anticipates the future of the organizational goals and strategically plans how the organization will achieve those goals. Strategic planning involves several steps in its process those steps are; (1) strategic thinking including external analysis‚ (2) internal analysis‚ (3) identifying key strategic issues‚ (4) developing
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variety of strategic planning models‚ including goals-based‚ issues-based‚ organic‚ scenario. * Goals-based planning is perhaps the most common as it starts with a focus on the organization’s mission (and vision and/or values)‚ goals to work toward the mission‚ strategies to achieve the goals‚ and action planning. * Issues-based strategic planning often starts by examining issues facing the organization‚ strategies to address those issues‚ and action plans. * Organic strategic planning begins
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Involving HR in the strategic planning process will provide The HR team with the information‚ and input‚ on the corporate mission and goals. This will allow the HRM team to assess the existing employees for the core requirements needed for meeting the goals. The assessment will provide information on training and development programs and will facilitate a targeted recruiting for staff able to support the direction of the organization (Lawler‚ 2012‚ August 15). The Society for Human Resources
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tools to develop strategic options for an organization Ansoff Matrix: The Ansoff Growth matrix is marketing planning tool that helps a business determine its product and market growth strategy. Ansoff’s product/market growth matrix suggests that a business’ attempts to grow depend on whether it markets new or existing products in new or existing markets. The output from the Ansoff product/market matrix is a series of suggested growth strategies which set the direction for the business strategy. These
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STRATEGIC PLANNING – process of attaching strategies and tactics to each objectives set for the organization. Planning – strategic process for achieving future objectives of service enterprise. COMPONENTS: 1. Mission – describes current purpose and values of the organization. it is why organization exist. It should be audited on an actual basis 2. Vision – describes the potential purposes. The mission of an organization deals with the present while vision is concerned with the future direction of
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Your Name Instructor’s Name Course Name Date The Environment in Which Organizations Operate Changes So Quickly That Managerial Plans Are Often Redundant As Soon As They Are Made While contemporary business environment is on a high-speed track to progress‚ some might say that progress comes with a price. One specific notion of price is ‘change’. Change is inevitable. One can make it happen‚ anticipate it to some extent‚ respond to it or simply go with the flow. Advocates of change emphasize that it
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Using Evaluation to Improve Programs Strategic Planning www.cdc.gov/healthyyouth/evaluation PROGRAM EVALUATION Table of Contents Introduction Part 1: What is strategic planning? Part 2: What is a strategic plan? Part 3: How do I complete my strategic plan? Step 1. Prepare Step 2. Assess Step 3. Create Step 4. Communicate Step 5. Implement Step 6. Evaluate Part 4: Can you help me plan strategically? Data Sources Matrix Identifying Stakeholders Worksheet SWOT Worksheet for School Health Programs
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are now living in a fast changing world where opportunities and challenges happen anywhere at any time. Mr. Barton has said that the average lifetime of a Top-500 corporation in 1935 was 90 years‚ while it decreased dramatically to 18 years in 2012. Many former giant companies have failed or disappeared over last decades‚ like Kodak‚ Compaq‚ etc. However‚ a great many new powers has come to compete in the new era and some of them have become young giants in the business world‚ like Facebook‚ Google
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Strategic Planning Case Study of Marks and Spencer Student name: Ammad Aslam Student no: Edsml2324 Assessor name: Georage Muwonge Contents Contents 1 TASK 1: 3 TASK 2: 7 2.1. Explain the effects of its current business plans on your organization. 7 2.2. Review the organization present position on the market place‚ and consider especially its customer base‚ and more generally its rivals. 8 2.3. Evaluate
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