Strategic Management and Planning is a course of decisions and actions which ultimately lead to the development of a strategy to help a company achieve their objectives. Strategic planning focuses on the company’s long term range and how to accomplish what is laid out. Effective planning will help to prevent problems, provide a response if problems occur, and make available information and support needed to maintain public awareness, safety, and confidence. How do the two UCB's strategic IT plans stack up against the Baldrige criteria for assessing strategic planning? The Baldrige criteria are a series of questions that are not routinely asked on how an organization or company can function more efficiently. The purpose of these questions is to describe how the organization sets its strategic objectives into action plans, what are the organization’s action plans, and how is the organization able to project future performance on these key performance indicators or measures. In this paper, I will address these questions as they relate to UC Berkeley and the University of Colorado’s Campus-wide IT Strategic Plan. I will describe how each university used the strategic planning process to address their needs. What are the university’s current strategic objectives, the goals for each objective and the timetable for achieving these objectives? How will each university adapt to potential growth in technology? And what measures do the universities use to track the achievement and effectiveness of their action plans? In each report, each university clearly defined what there IT strategic plans and objectives are for their future success. By clearly defining what are their goals and needs, they mirror the Baldrige criteria. UC Berkeley d... ... middle of paper ... ...essfulness of their strategic plan. In my research, this is not a problem that is isolated to just UC Berkeley or UC-Boulder. There seems to be a common practice among the IT community to not take into account the importance of measuring the effectiveness of their IT strategies. When discussing measuring for effectiveness of the IT plan at UC Berkeley, Mr. Jack McCredie explains, “It is much more of a description of an end state that we are working for. We are more goal oriented, not number oriented, in our process. One UC Berkeley goal was to wire the campus, not count the number of nodes that are actually installed. Our board doesn’t seem to require particular dashboard numbers that say we are 38 percent of the way to accomplishing our goal.” Both of the universities do not put enough thought into establishing proper measures of effectiveness into their plans.
The schools and other units of the University will, over time, develop individual strategic plans that support and harmonize with the University Strategic Plan. Every member of the University community is invited to participate in ongoing conversations about the University 's goals and to help establish numerous specific short-term and long-term initiatives. The intention, then, is to align the efforts at the school and operational levels as closely as possible with these strategic goals and to measure our progress, employing key performance indicators at every
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Will management successfully establish a strategic plan and KPI’s? Many companies will get stuck in the implementation phase and not be able to get out of it and end up abandoning this method. In the end, most companies find it too complex. (Outcomes, 2012)
Gamble, J. E., Peteraf, M. A., Strickland III, A. J., & Thompson A. A. (2012). Crafting & Executing Strategy: The Quest for Competitive Advantage. New York, NY: McGraw-Hill Irwin.
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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
One successful company is Midway USA. They were the winner of the Malcolm Baldrige Award in 2009 for small businesses, a second successful company is, the U.S. Army Armament Research, Development and Engineering Center (ARDEC) which was the winner in 2007 for Non-profit organizations. We will be looking at how each company used the Baldrige National Quality Program to evaluate the effect of the company’s strategic planning process and how they evaluated its strategic directions. Also, how each company developed its critical strategies and action plans to support these directions. I will also be making recommendations for each company to help them in their quest for continuous improvement.
...nal of Business Strategy, vol. 32, no. 5, 2011, pp. 43-50, Retrieved 12 November 2011, Ebscohost Database
Strategic planning is an organizational process in which it looks towards developing and sustaining success or balance in its ever changing environment.
Strategy can be defined as the plans that businesses lay out to achieve their objectives (Sandberg, 1992). The plans that businesses set up in order to position themselves to make maximum profit include their mission, vision, goals, objectives, strategy, implementation and execution (Sandberg, 1992). For the previously mentioned plans to be successful good strategic management has to be in place. Good strategic management can be organized into three levels: corporate, business and operational levels (Ritson, 2013). The levels of strategic management can be formulated through several schools of thought. The schools of thought include the planning school, positioning school and the resource based school.
Strategic Planning is looking at where you are now, knowing where you want to be in the future and planning the steps to get you there.
Strategic planning is the continuous and systematic process of guiding members of an organization to make decisions about its future, develop the necessary procedures and operations to achieve that future, and determine how success will be achieved.
Strategic management is a concept that has evolved over time and will continue to evolve. Strategic management is relatively recent hence developments in industrial organization theory stress the importance of strategic behaviour by firms.