Here is the synopsis of our sample research paper on Strategic Planning. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 5 page paper defining and discussing this aspect of business management. Strategic planning is the pre-implementation component of the process of strategic management that is so necessary to today’s organizations. Competition in business has never been more intense, and the level of intensity only increases. Time has shortened as the world has shrunk in size, virtually eliminating any luxury of misstep that may have existed in the past. In today’s business environment, it is necessary to identify opportunities, plan how to best take advantage of them and then implement those plans. The purpose here is to assess the planning phase of this strategic management process. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KSmgmtStratOver.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
component of the process of strategic management that is so necessary to todays organizations. Competition in business has never been more intense, and the level of intensity only increases.
Time has shortened as the world has shrunk in size, virtually eliminating any luxury of misstep that may have existed in the past. In todays business environment, it
is necessary to identify opportunities, plan how to best take advantage of them and then implement those plans. The purpose here is to assess the planning phase of this
strategic management process. Definitions The strategic management process leads the organization through "development, modification or change in the organizations strategies" (Coulter, 2002; p.
9). The process involves situation analysis, strategy formulation, strategy implementation and finally, strategy evaluation (Coulter, 2002). Strategic planning is that part of the process that includes aspects of
both strategy formulation and implementation. One method of determining what strategic planning is, is to delineate what it is not. It may
involve operational effectiveness planning, long-range planning and other forms of planning in its implementation phase, but it is not in itself any one of these other forms. Operational effectiveness
planning entails seeking to become more efficient in operations, most often with the joint goals of increasing quality while concurrently reducing expenses. Long-range
planning belongs to the implementation phase of strategic management. Once strategy is formulated and stated, long-range planning seeks to identify the organizations needs many months or even years into
the future, for the purpose of beginning to put into place those components that will be needed to achieve stated plans. As example, the organization whose strategic plan calls
...