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The nature of strategy implementation
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The nature of strategy implementation
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1. Assist with development and execution, as directed by the President, of strategic initiatives, particularly those outlined in the University’s strategic plan. 2. Assist with the development of monitoring plans for short, mid, and long-term outcomes of the strategies outlined in the Strategic Plan and in the evaluation of the program’s developed for effectiveness and efficiency. 3. Serve as a member of the UTSA Strategic Planning Council and update the President as needed on the progress or issues that could impede progress. Provide suggestions to the council and President on any initiatives that need additional support or resource allocation. 4. Identify, develop and maintain external relationships with, but not limited to, companies
Background Information In implementing a strategic plan for Coastal Medical Center, our consulting team has conducted many analyses and formed numerous strategies in order for Coastal Medical Center to be successful. Such assessments include an internal analysis, external analysis, gap analysis, and SWOT analysis. In conducting these analyses, our consulting team was able to better understand the internal environment, external environment, where the organization currently stands in terms of performance, and the major strengths, weaknesses, opportunities and threats that oppose the Coastal Medical Center. From our inquiry, we will be able to establish a strategic plan that best fits the organization’s needs.
It is important to have some information about the organization that the strategic planning will cover. This section of the strategic plan gives a rapid review of the organization in order to understand the circumstances that the organization is performing in.
Provide proactive and evidence-based advice and reports to the business unit leader, Director and/or the Executive Director to ensure matters that impact business unit current business and future decision making are considered.
After analyzing the Coastal Medical Center, it is apparent that the employees and staff have no conception of the mission, vision, and values of this health care facility. In addition to this lack of structure, CMC has many projects in the midst of production that lack support of a common goal, employees are unsatisfied with their jobs, the two boards lack ability to agree on strategic decisions for the organization,, and the medical center has a dismal reputation when it comes to quality care.
They have made good progress in these areas, but it still needs to be done. Richard F. Syron, Chairman’s game plan consists of three basic parts, there are:
As per Henry Mintzberg, former president of the Strategic Management Society, “strategy cannot be planned because planning is about analysis and strategy is about synthesis. Strategic planning involves a structure or framework, a set of procedures both formal and informal, and of course content. Beyond these basic elements, the underlying assumptions about strategic planning are that the future can be anticipated, forecasted, managed or even controlled, and that the best way to do so is to have a formal and integrated plan about it in place. The process of planning itself may turn out to be more important than the results, and that process requires both analysis and synthesis. Planning simply introduces a formal “discipline” for conducting long-term thinking about an institution, and for recognizing opportunities in and for minimizing risks from the external and internal environments.
To attain this vision, the Board of Directors identified five strategic goals. The Board of Directors will develop, execute, and be accountable for an Action Plan based on these five goals.
A strategic plan is a tool that delivers guidance in achieving a mission or goal with maximum proficiency and control for an organization. Strategic planning is used to transform and revitalize organizations. The plan helps provide an inclusive understanding of opportunities and challenges both internally and externally for the organization. The plan delivers an assessment of the strengths and limitations that are realistic within the company. A well-developed strategic plan will offer a comprehensive approach and empowerment for the stakeholders involved. It is an opportunity for learning and understanding priorities that will drive the business to succeed. Jones (2010), describes how in health care organizations, strategic plans characteristically concentrate on operational and organizational goals such as when to obtain new technology, how to meet competitive challenges, and what staffing, tools, or facilities are needed to ensure organizational survival. The mission and value statements are significant in determining the quality of a strategic initiative. Forcing the organization to look toward the future creates proactive objectives in which both short-term and long-terms plans and goals are necessary in order to succeed.
8. Identify methods for evaluating outcomes of your plan and next steps/revisions of the plan, depending on various possible
All aspects of SCU's strategic vision appeal to me as I believe all of them are important. I believe that all people strive for competence. Competence guarantees success and with it, one has no barriers to their opportunities. Conscience is important in life. One needs to be able to judge right from wrong. Compassion is also a crucial aspect of life. There are many issues in our society and I feel that if people looked at them with compassion many conflicts can be solved or avoided. One vision appeals to me more than the others and that is cultivating knowledge and faith to build a more humane, just, and sustainable world.
A 5 year strategic plan for Mensa Inc. should be dynamic and focus on ensuring that the present situation where in multiple sectors and businesses are involved. Re investing and formulating a stronger BCG matrix with divestiture from loss making units becomes extremely essential. The BCG matrix is a matrix that is used for the purpose of strategy formulation of a firm, but it is a four cell matrix.
The detailed five-year plan will aid in the continuous improvement of identified strength areas and with the identified areas of improvement. Actively working on improving personal knowledge and skills to be an effective follower and leader will greatly benefit the organization.
Monitoring, Review and Revision of Plan - ensures that it remains current. In addition, the monitoring process is backed up by full managerial accountability for the success of the plan.
The application of developing a strategic plan and goals is by asking the right questions and having mutual engagement. The strategy involved in creating a plan is the best way to create a vision to share with others.
They first can create an outline of the company goals and purposes that can help the staff and all members of the team understand the process and way the plan is important. This is where the company should allow the staff to ask questions and get clarification of what will be expected of them and ways they can meet the goal. Second, they explain to the staff the second plan that they feel could serve as a backup, should things not go as planned. This is a safety procedure for the success of the business. It helps protect the company assets and revenue. Third, they can create sales measures to determine the progress of the plan and how they plan to make sure the plan follows through the necessary steps. It will be put in place as a guideline for staff members to know when the procedures should be completed. An effective way to improve the strategy is by making sure the strategy is in the correct order to achieve the desired results. The procedure must flow in order to make sense to the staff that ultimately does the work of setting it in place. Fourth, it’s important the company reviews the staff progress of fulfilling the strategy. This is important because this allows the members of the staff to determine whether things are headed in the right direction and if not what steps they should take to turn things