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Strategic Planning and Project Management

This document discusses strategic planning and project management in business organizations. It provides 3 approaches to strategic planning: issue-based planning which identifies key issues and sets strategies; organic planning which adheres to an organization's vision and values; and goals-based planning which analyzes the situation, sets directions, defines strategies, and deploys the plan. The benefits of strategic planning include providing a framework to guide decision making, ensuring effective resource use, enabling organizations to be proactive, and improving communication.

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218 views12 pages

Strategic Planning and Project Management

This document discusses strategic planning and project management in business organizations. It provides 3 approaches to strategic planning: issue-based planning which identifies key issues and sets strategies; organic planning which adheres to an organization's vision and values; and goals-based planning which analyzes the situation, sets directions, defines strategies, and deploys the plan. The benefits of strategic planning include providing a framework to guide decision making, ensuring effective resource use, enabling organizations to be proactive, and improving communication.

Uploaded by

btsvt1307 ph
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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STRATEGIC

PLANNING AND
PROJECT
MANAGEMENT
IS Organization Business
Organizations

• IS organization and resources, are focused on


supporting the objectives of the business defined in
its strategic plan
• implies the shared vision of IS and business
managers
2
Shared Vision
focusing on
choosing
projects
choosing the the right
hiring the right that will
right vendors installing
people with the best help
technologies to the right
correct skills and the
to explore explore systems
competencies, organization
and develop and
meet its
develop
mission

3
Strategic Planning
• a process that helps managers identify desired
outcomes and formulate feasible plans to achieve
their objectives by using available resources and
capabilities.

2/13/2021 4
Benefits of Strategic Planning
• Provides a framework and a clearly defined direction to guide decision
making at all levels throughout the organization
• Ensures the most effective use is made of the organization’s resources by
focusing those resources on agreed-on key priorities
• Enables the organization to be proactive and take advantage of
opportunities and trends, rather than passively reacting to them
• Enables all organizational units to participate and work together toward
accomplishing a common set of goals
• Provides a set of measures for judging organizational and personnel
performance
• Improves communication among management and the board of directors,
shareholders, and other interested parties

5
Approaches

Goals-based Strategic Planning


Issue-based Strategic Planning

Organic Strategic Planning

6
1 identifying and
analyzing key Issue-based
issues that face Strategic Planning
the organization
2
setting strategies

3
identifying
projects and
initiatives

7
Organic Strategic Planning

1 2
organization’s vision Projects and Initiatives
and values

adhering to the
values

8
Goals-Based Strategic Planning

1 2
Analyze Set Direction
Situation

4 3
Deploy Plan Define Strategies

9
1
Assessment Of External Environment

2
Collection of Facts

Identification
of Strengths
and Weaknesses

Situation Analysis
10
Porters Five Forces Model
Threat of New Entrants

Rivalry
Bargaining Bargaining
among
Power of Existing Power of
Suppliers Competitors Buyers

Substitutes

11
SWOT ANALYSIS
• Advantages • Disadvantages
over over
competitors Competitors

STRENGTHS WEAKNESSES

OPPORTUNITIES THREATS

• Allows to • Could
improve endanger the
profitability integrity and
profitability
Your Date Your Footer Here 12

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