StudentShare solutions
Triangle menu


Nobody downloaded yet

Extract of sample

With all this talk about a successful strategic plan as a mast to sail through the tempest, several seed organizations are quizzed with what exactly is a successful strategic plan. How should one implement it and how can an organization gauge its effectiveness? This article has been an attempt to shed light on some of the nuances of a successful strategic plan.
In the current economic turmoil many organizations have claimed that survival in their respective industry was mainly due to a strong, long-term and usable strategic plan. Organizations that failed to follow their strategic plan or did not have a workable plan in the first place, are facing extinction.
With all this talk about a successful strategic plan as a mast to sail through the tempest, several seed organizations are quizzed with what exactly is a successful strategic plan. How should one implement it and how can an organization gauge its effectiveness?
A strategic plan is the roadmap of an organization. It tells an organization who it is, what does it aspire to be, how to get there and how to continue to grow. A strategic plan at its core clearly defines how an organization will achieve its vision. This is in striking contrast to a long-range plan which primarily focuses on determining an organization’s vision (McKay, 2001).
Before writing a strategic plan, an organization must determine why it needs a strategic plan. Is the plan required for governance, for a new program development or as an instructional guide to provide a common vision and focus, with agreed-upon goals and strategies? Having clearly defined the need for a strategic plan, the organization then moves to developing a strategic plan.
Conduct an environmental scan: This process is usually termed as the SWOT analysis. SWOT stands for Strength, Weakness, Opportunity and Threat. A SWOT analysis is crucial to gauge how an organization relates to the external ...Show more


A successful strategic plan is a workable plan that not only clarifies the vision of an organization but also determines how to achieve the vision. A strategic plan is…
Author : kkilback
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Strategic planning
Among the functions of the strategic plan is to pull an entire organization into one entity around on game plan in order to execute the plans stated in the strategic plan. The strategic plan also states or rather outlines where resources will be allocated in an organization and its projects.
5 pages (1250 words) Research Paper
Strategic planning is a modern technique that facilitates various businesses and companies to meet their goals in efficient and sound manner. The administrators apply strategic planning for their companies are in a position to take hands-on methodologies to reap benefits for their companies.
5 pages (1250 words) Research Paper
Strategic Planning and Strategic Thinking
445). According to Mohdzain and Ward (2007), the Information Systems Strategic Planning consists of activities that are geared towards recognizing opportunities to use information technology, and ascertaining the capabilities that are necessary to capitalize upon these opportunities, while developing a strategy towards implementing these opportunities by using the capabilities and resources of the organization (Mohdzain & Ward, 2007, p.
3 pages (750 words) Research Paper
Strategic Planning and Evaluation of Organization
Better and improved services are being delivered to many that seek these services. Health care providers receive enough pay from their governments to provide quality healthcare service to a majority of people. The introduction of health care plans has also led to the promise by medical practitioners to help those with different problems.
8 pages (2000 words) Research Paper
Strategic PR Planning
The organization offers various programs that include Early Childhood Intervention Programs (ECIS), Inclusion and Professional Support Program (IPSP) and National Disability Insurance Scheme (NDIS) among others. The organization objective is to ensure that by 2015, 100% of the public will be under National Disability Insurance Scheme.
10 pages (2500 words) Research Paper
A case study: a successful strategic IT system
technology system is essential for enhancing the performances of an organization as well as for adding value to the organizational capabilities in order to make it technologically advanced and competitive. The research is conducted with the aim of identifying the current
20 pages (5000 words) Research Paper
Strategic Planning
The author of the paper introduces the strategic plan for one of the most successful world's companies. Thus, all the important aspects for Delta Corporation are considered here. Reportedly, this strategic plan will help the managers to decide either to improve Delta current strategic plan or to create a new strategic plan to cover all the important aspects.
38 pages (9500 words) Research Paper
Strategic Plan
It will help the company to maintain the brand image and brand recognition within the customers market. As B&G Foods Company is from Russell 2000 Index, which means that the shares
9 pages (2250 words) Research Paper
Strategic planning challenges in community health sectors, and ways to use strategic planning to address these challenges
In some cases, strategic planning covers up to the actual of implementation of the same plan. The concept of strategic planning as compared to the financial planning varies slightly. In financial planning, the driving
12 pages (3000 words) Research Paper
Strategic Technology Planning
Despite that, most corporate still drag behind in the traditional forms of marketing and advertisement like radio and TV. (Razzaque, 2013) American Express cardholders can now get in touch with their service provider’s
7 pages (1750 words) Research Paper
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Let us find you another Research Paper on topic SUCCESSFUL STRATEGIC PLANNING for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us