What is Strategic Management and Planning?

It is a process by which a company manages the implementation of its strategies. There are basically two types of strategies; short-term strategies which look after planning and management of current and ongoing goals and long-term strategies which aim at planning and execution of future goals.

Not all strategic management and planning processes go on smoothly. There is always one or the other problems or issues which can destroy the process partially or fully. Some of the internal workforces may also try to derange it for their own personal agendas. Most of the strategic management assignment help revolve around the issues which loom over the planners and finding their solutions.

Five Methods to Kill your Strategic Management and Planning Process:

There are many ways to hamper the progress going on in a strategic planning process. The causes may arise both from internal and external agencies. These causes may be different for different types of strategic management and planning processes and also depends on industry to industry. But there are five most important issues which can really kill your strategic management and planning process and you have to take fresh start if you are brave enough to survive it. These five causes are listed below:

  • Retreat from strategic planning: A retreat here means that you put the strategic planning process on hold for some time. A retreat is good when it has to review the whole process of planning and reset accordingly. But a retreat is very harmful if it separates planning from execution.
  • Lack of clarity of mission and vision: Unless and until the mission and vision are clear to the people involved, every strategic planning is a failure. You have to remind everybody especially the leadership that “where we are” rather than “where we are going”. The nature of business and market are facing consistent changes which should be analyzed and used for future planning of the business strategic management assignment assistance help.
  • Compatibility of workforce and leadership: Changes in business and strategies are not welcomed by everybody. There is a stiff resistance from some of the participants. So, the clear understanding of the strategies to all the members should be done in a manner that they all appreciate your efforts and join hands together to work towards these common goals.
  • Posting of strategy: Strategies should be an on-going process rather than a static process. Written posting on the organization’s board will make it static and deemed as completed.
  • Leaving execution for front-line staff only: Execution of strategies is mostly restricted to middle and frontline staff. The top executives do not involve themselves in the basic day-to-day activities. They should have a close watch over the process.

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