Strategic Planning for Organizations

Paper Summary:

This paper defines and examines strategic planning for organizations. It looks at different aspects of strategic planning and examines numerous other methodologies that organizations may use in order to engage in strategic planning. The paper also briefly looks at the differences between strategic planning and long term planning for a business.

From the Paper:

"Organizations have to deal with both planned and unplanned change. Planned change comes when people in the organization have decided that certain things such as business practices and strategies need to be managed differently, and they examine and analyze the situation and decide upon some changes that need to occur. "They recognize a need for a major change and proactively organize a plan to accomplish the change." (managementhelp.org 2007) This can take place over a period of weeks, months, or even years. Unplanned change can occur when something unforeseen arises, such as an issue with a competitor or something else equally as out of the business's control, such as a natural disaster. In times of unplanned change an organization must either adapt the strategy of the business in a manner, or face loosing everything entirely. "Unplanned change usually occurs because of a major, sudden surprise to the organization, which causes its members to respond in a highly reactive and disorganized fashion." (managementhelp.org 2007)"

Sample of Sources Used:

• Wikipedia (2007, January 17). Strategic Planning. Retrieved January 22, 2007, from Wikipedia Web site: http://en.wikipedia.org/wiki/Strategic_planning
• Wikipedia (2007, January 17). SWOT Analysis. Retrieved January 22, 2007, from Wikipedia Web site: http://en.wikipedia.org/wiki/SWOT
• Mind Tools, LTD (1995-2007). SWOT Analysis. Retrieved January 22, 2007, from Mind Tools Essential Skills for an Excellent Career Web site: http://www.mindtools.com/pages/article/newTMC_05.htm
• Alliance Online (2003-2004). Frequently Asked Questions. Retrieved January 22, 2007, from Alliance for Nonprofit Management Web site: http://www.allianceonline.org/FAQ/strategic_planning/what_is_strategic_planning.faq
• Pearce, JA, &, Robinson, RB (2007). Strategic Management. New York, New York: McGraw-Hill Irwin.

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• Research Proposal # 47158 : "Strategic Planning"

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