Strategic Planning
Strategic Planning
- A vision for the future;
- Mission Statement – Why does the organisation exist? What is its mandate?
- Core Values – Describe how the organisation relates with its Stakeholders;
- Strengths, weaknesses, Opportunities and Threats facing the organization;
- Political, Economic, Social Cultural, Technological, Ecological and Legal factors that affect or are likely to influence the Organisational decisions in the future. This is because no organisation exists in a vacuum.
- Detailed Analysis of its Stakeholders;
- The nature of the changes contemplated for future sustainable growth and development
- The sequence of these changes
- Those who are responsible for guiding change
- The resources required, whether they currently exist within the organization or must be generated from external sources.
- Monitoring and Evaluation of the Strategic Plan.
Benefits of Strategic Planning
- Staff Motivation. Thinking about the future is a stimulating and energizing process. It creates a shared vision, with concrete ideas about how to surmount obstacles in order to achieve that vision.
- Building a planning team with a common vision. The strategic plan that emerges from the process is generally more realistic and achievable, and working or interdependent relationships within the organization are strengthened.
- Confronting key issues and solving problems. Strategic planning sets in motion a dynamic process that allows the organization to continually reassess, confront change, and grow within an agreed-upon framework.
- Good strategic planning is a time- and labor-intensive process.
- Defining roles and responsibilities. Measurable performance objectives are set
- and the person(s) who is responsible for specific activities is identified.
- Challenging the status quo. The process creates an open atmosphere, stressing the interests of the whole organization. It often answers the question “How can we do things better?” in a more systematic and thorough way.
- Allowing busy managers and policy makers to concentrate exclusively on the organization’s future for a short period of time, meaning that they will be able to focus their expertise and insights on self-assessment and planning future directions.