Strategic Planning In a Competitive Marketplace Strategic Planning Process Necessary for large corporations to survive & prosper Budget/Forecast oriented planning is no longer enough Strategic Planning Defines objectives Assesses internal & external situation
Strategies formulated & implemented based on actual situation Evaluation leads to adjustments to stay on track The Planning Process Mission & Objectives Environme ntal Scanning Strategy Formulatio n Strategy Implement ation Evaluation
& Control The Sigmoid Curve Typical Life Cycle The Secret to Constant Growth: (Start a New Life Cycle) The Mission & Objectives Mission Statement - Describes the Companys Business Vision Unchanging values Purpose of company Visionary goals that guide the pursuit of
future opportunities Objectives guided by companys vision Measurable financial & strategic objectives Ex: Sales targets, market share, reputation Environmental Scan Includes the following:
SWOT Analysis Strengths/Weaknesses Industry Analysis PEST Analysis (Political, Economic, Social, Technological) Competitive Analysis Rivalry Threat of Substitutes Buyer Power
Supplier Power Barriers to Entry/Threats to Entry Strategy Formulation Given environmental conditions, Match strengths to opportunities identified Address weakness and external threats Competitive Advantage - How will you gain an advantage over your competition? Cost
Leadership Strategy low cost producer Differentiation Strategies Focus Strategies - segmenting Strategy Implementation Implementation - programs, budgets, and procedures to be used Implementation involves: Organization of company resources Motivation of staff to achieve objectives Usually different people than those who formulate the strategies
How strategies are implemented can have a significant impact on success Executives must communicate strategies effectively & reasons behind them Evaluation & Control Implementation of strategies must be monitored and adjusted if needed Evaluation & Control Process 1. 2.
3. 4. 5. Define parameters to be measured Define target values for those parameters Perform measurements Compare measured results to the pre-defined standard Make necessary changes
TDA 'Pre-Pilot' Informal opportunity to see what Nebraska students might write on a TDA. 2,077 responses from 14 districts statewide. Primarily administered online with the exception of grades 6 & 7. October 2015. New item type
Add direction on flow map 14_02_Flow_Map.html. Play with pre-defined symbol path. Play with the "offset" and "repeat" properties associated with an icon. How to Connect Vertices in a Polyline. Connected line segments and defined by vertices.
Adaptive Design: Definition. An Adaptive Trial usesaccumulating data to decide how to modify aspects of the study without undermining the validityandintegrityof the trial.(PhRMA) Validity. providing correct statistical inference: adjusted p-values, estimates, confidence intervals. providing convincing results to a broader scientific...
Mem Fox Mem Fox Author Study Biographical Info. Born March 5, 1946 in Melbourne, Australia 6 months old - moved to Rhodesia, Africa with her missionary parents (now called Zimbabwe) Spoke their local language, Ndebele, better than English Loved her...
kick off meeting (HH background, objective & deliverables) was attended by ONE21L, ONO9L, ONO1L, ONE21F, ONO9F, ONO1F and main contractors' representatives (AL Haditha, Najd Al Ahliya, Sayh Al Saryah and STS). The program TOR were clearly highlighted to all and...
Design and analyze all man-made objects whose primary function is load resistance: buildings, bridges, aircraft, transmission towers, radar domes and antennas, drilling platforms, etc. Must also consider the economics, esthetics and social implications of their creations. /36
Tom Peters' ... Source: Why She Buys: The New Strategy for Reaching the World's Most Powerful Consumers, by Bridget Brennan (Key word: "World"—this applies literally everywhere) BIG DEAL … five times over. ... Library of Best Quotes STATEMENT OF PURPOSE...
Ready to download the document? Go ahead and hit continue!