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Discussion Board Two
by Roxanne Fransen – Tuesday, 11 January 2022, 7:15 PM
When evaluating the necessary process for strategic planning to be successful I have noted the top three of the readings from the chapter below:
1. It should be a people process more than a paper process.
7. It should welcome bad news and provide a clear picture of what is happening.
16. Do not pursue too many strategies at once.
When it comes to strategic planning it is important to note how it will affect everyone involved and those who are involved should have a say since they will be the ones performing the daily tasks and duties (Vo, 2021). By having it be a people process more than a paper process, you will make the planning more human and people will be more likely to speak up and bring issues to the table since they know it won’t be bogged down with notes and paperwork as a result. Bad news should not be looked down upon. It is better to catch an error or flaw within the strategic planning process early on to avoid corrections that would possibly need to be made because someone didn’t speak up or because no one on the team was looking out for threats. And finally, only looking at one strategy at a time is key to ensuring success. One strategy at a time means that your organization will know what’s working and what is not and will be able to learn and adjust throughout the entire process.
References:
David, F. R., David, F. R., & David, M. E. (2020). Strategic management: Concepts and cases, a competitive advantage approach. Pearson.
Vo, E. (2021, November 16). What is strategic planning?: Strategic Planning Process: Small Biz Ahead. Small Biz Ahead Blog– Small Business Owners | Accounting | Digital Currency. Retrieved January 12, 2022, from https://sba.thehartford.com/business-management/what-is-strategic-planning/
Re: Discussion Board Two
by Steven Tidwell – Tuesday, 1 February 2022, 3:43 PM
Good point!
I agree!
It should be a people process and not a paper process! You made some good points in the post. As you referred to, strategy may look good on paper, but if people are not involved in the process, it is a useless. People are an organization’s greatest assets. I think some times organizations gets so wrapped up in its strategic plans that they don’t consider who is going to carry it out. Then, when it comes time to implement the plan, they may not place the right people in the right position. Having knowledge of employees’ strengths is important when it comes to strategy and the implementation process. Well done!
