Strategic Plan for Northern Alberta Institue of Technology (NAIT)

NAIT Strategic Plan

The STR/581 Strategic Planning and Implementation week five individual assignment is to provide a strategic plan for the Northern Alberta Institute of Technology (NAIT). The paper includes implementation plan, strategic controls, and contingency plans.

Grand Strategy

The grand strategy for NAIT as recommended in the STR/581 Strategic Planning and Implementation week four individual assignment: Strategic Choice and Evaluation is to focus on product development. The product that NAIT delivers are the educational programs that are custom designed to provide and educational background for NAITs customers, students, to enable them to enter industry with an education that will allow them to flourish.

In support of this grand strategy are the generic strategy of differentiation and the value proposition of customer intimacy. To this end, it is the intent of NAIT to implement a strategic plan that will focus the organization energies on the development and presentation of innovative world class custom programs to prepare students for the requirements of modern industry.

Implementation Plan

Once the strategy for the organization is clear, the next step in the strategic plan is to begin implementation of the plan. Implementation has five parts that include identification of the short-term objectives, initiation of specific functional tactics, outsourcing of nonessential functions, communication of policies that will empower the organizations individuals, and effective system of rewards.

Objectives

The objectives within an implementation plan are a redefinition of long-term strategy of product development into a series of short-term objectives that over the coming year will provide clarity of the long-term objectives...

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...at support the grand strategy then the development of short-term objectives that in turn support the long-term objectives.

Change management in the form of policy that empowers employees to make decisions about product development and ensures the decision focus aligns with the grand strategy. The key success factors lie in maintaining high product quality, high product performance, and keeping track of what the competitions is doing. Risk is quite low and manageable through practices that include ensuring the market needs and wants are met and that quality control is applied during program development and delivery.

Following the implementation as presented in this paper will ensure NAIT will successfully implement the product development grand strategy. Successful implementation will strengthen the position of NAIT as the leading polytechnic in Western Canada.