Strategic Planning Principles A few key strategic planning principles will improve the development and implementation of corporate strategic plans. Below I will outline a few of the planning principles I have found most useful. Strategic planning principles - Accountability The first of the principles of strategic planning is that strategic planning is a managerial accountability inherent to top management roles.
The Drivers Model process covers seven key principles for masterfully planning any activity. The seven principles are summarized below. Seven Principles of Masterful Planning 1.
Be clear on purpose. Start with an accurate assessment of today.
Create a shared vision of success. Identify your critical successful factors and barriers. Monitor and report results.
Have rewards and consequences to build accountability. With any activity, start with purpose: Why are we doing this? With the house example, our purpose was to find a house that was more suitable to our needs. Purpose always answers the question why.
Start with an accurate assessment of where you are today. You should always start with an accurate assessment of where you are today. Why is that important?
Perhaps an example will illustrate the importance of starting with an accurate picture of today. You would have to drive west to get there. But what if your perception was that you were in Atlanta but, in reality, you were in Seattle also on the west coast.
What happens when you drive west? So, you may create a compelling vision of where you want to be. However, if you do not clearly define where you are today, you may end up thinking you are outside certain barriers. As a result, you can end up doing the wrong things and not getting the result you want.
Therefore, key point number one is that you must start with an accurate assessment of where you are today.And these principles address inherent problems with the majority of strategic planning processes. To understand the value of the principles, it is best to start with understanding.
Causal factors in poorly performing strategic plans.
The strategic planning process in a company is the development of a direction, the taking of decisions and allocating resources necessary to achieve the final goal.
Also: Strategic planning serves as a road map to help an organization or business discover how to get where it wants to go. Strategic planning is a process undertaken by an organization to develop a plan for achievement of its overall long-term organizational goals.
Model There is no one model of strategic planning. The nature of these goals and restrictions suggest that strategic planning in education is, and must be, different than the process used in the business sector.
In the business sector the goal is to get more customers or make more money.
The objective of Working Paper 3, Strategic Planning: Techniques and methods, is to provide practical guidance about the methodological and technical aspects related to the formulation of education sector strategic .
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy.
It may also extend to control mechanisms for guiding the implementation of the strategy.