...Implementation Plan Ricky Cravens STR/581 Strategic Planning & Implementation Dr. Johnnie Bejarano September 15, 2013 * Cintas Corporation is an organization with a highly integrated intelligence network. Cintas highly integrated network consist of 30,000 employees worldwide. Cintas Corporation initially focused all its operations on uniform management but in modern times it additionally designs, manufacturers and implements corporate identity uniform programs, mats, bathroom supplies, promo products, fire protection, document management, first aid and safety for close to one million businesses. Cintas operates more than 430 facilities, including eight distribution hubs and six manufacturing plants. Cintas is a billion dollar revenue organization. Cintas has many competitors worldwide. Cintas operates with a unique approach to intelligence. It operates with a one-man intelligence team. Each employee at Cintas can make a significant impact with this one-man approach. Cintas relies on all of its 30,000 employees with this model. Internal market intelligence sales network model: * Quickly identify new business opportunities * Develop local tactics to attack/defend against the competition * Develop local competitive binders * Establish best practice sharing among regions * Greater competitive visibility at corporate level “Our intelligence function is neither centralized nor decentralized. I guess the best way to describe it is that...
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...External and Internal Environmental Analysis Apple Inc. is a computer product company that was launched into the market through the collaborative efforts of Steve Jobs and Steve Wozniak in the year of 1976 and is aimed at reaching the diverse global community. The changes in the external environment of the company determine the decisions that the corporation will make. Apple Inc. has reputable frameworks that have been developed to assess the external environments of the company. The company has identifies the specific domains that affect the operations of the company from the outside. These forces on the organization enable the operations of the company to be influenced. In a broader sense, the entities that fall outside the operations of the Apple Inc and relate to the company are the external environment. These are the elements that exist outside the company confines and still affect the organization and its operations. The fast expansion of e-commerce in the business realm is one of the major external factors that affect the operations of Apple Inc. The company will hence have internal adjustments of its systems so as to keep up with the changing e-commerce. Apple Inc interacts with its external environment to accomplish it set goals. Apple Inc is aimed at creating value and competition that is sustainable for the company to attain great profit maximization levels. Through the following internal competitive environments, Apple Inc can remain top in the computer market. The...
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...Evaluate the planning function of management as it relates to the organization’s goals and strategies. Use steps in the planning process outlined in the text. • Analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning at BP. Provide at least one example for each. • Analyze at least three factors that influence the company's strategic, tactical, operational, and contingency planning. Planning Part of the management function that involves setting goals and deciding how to best achieve them is called planning. Setting goals and developing plans helps the organization to move in a focused direction while operating in an efficient and effective manner. Strategies or plans are then developed for moving the organization closer to its goals. Types of Planning There are four types of planning a company can use; strategic, tactical, operational and contingency planning. Planning is part of making a decision and a manager can use the following types of planning in making short and long term decisions for a company. 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, including its capital and people” (Bradford & Duncan, 2000). Strategic planning is the formal consideration of an organization's future course, usually anything that is a period of greater than three years. All strategic planning...
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...strategy. Yes, I do believe that organizations with proper strategy implemented and managed stand a better chance and have better competitive advantage over their counterparts. Strategic management is used by organizations to analyze and learn from their internal and external environment. It is about going forward (where to from here) It is about establishing a strategic direction. It is about establishing a strategic direction Strategic management is also about implementing strategies that would satisfy customers. The nature of strategy, which needs to be managed, is formulated around the 5 Ps (Louw and Venter 2010:15) Plan, pattern, position, perspective and ploy. As a plan, strategy has been viewed as something that an organization has, and strategy as a perspective viewed as something that people do. Strategy is influenced by extra organizational practices and inter-organizational practices. Therefore there is a reciprocal relationship between intra and extra organizational strategic activities. - Strategy as a plan: Provides overall direction and course of action. As a plan, strategy formulation is a formal process. This approach ahs been criticized for being a rational, top-down approach, hoever research shows that formal planning contributes towards better strategic decision making. - Strategy as a position: concerns the determination of products. As a position, strategy looks downwards and outwards, towards the external competitive market. -...
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...Strategic Planning and the Nursing Process Ma HCS/ 482 May 25, 2015 Diane Delucia Strategic Planning and the Nursing Process Strategic planning and the process of nursing often are not thought of in the same realm but in fact the nursing process plays a very important part of strategic planning for any nursing department; just as important as realizing the needs of a customer for any other business. In this paper, I will compare the strategic planning process and the nursing process as well as the possible roles nurses could play in planning of informatics. Strategic planning is a systematic process with an end goal that looks toward the future. The process allows for goals to be made with possible actions and objectives to help achieve these goals. According to Hebda & Czar, 2013, Strategic planning involves 9 steps: identification of the need for change, definition of goals and scope, scanning of external and internal environments, data analysis, identification of potential solutions, and selection of a course of action, implementation, evaluation, and feedback. Strategic planning is useful in many areas of business, including healthcare and nursing. Often strategic planning falls on an administrative member of the department due to the often unavailability of clinical staff to give needed time for strategic planning sessions. Hebda & Czar, 2013, define Strategic Planning as “the development of a comprehensive, long-range plan for guiding the activities and...
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...Strategic Planning and the Nursing Process Paper Brittany Braak February 2, 2015 HCS/482 Kevin Hamon Nursing Informatics Nursing informatics is a specific field of nursing that combines the science of nursing, computer science, and information and technology together to help in managing data and communicating information, knowledge and proven nursing practices. Healthcare informatics is essentially the use of information technology in the healthcare field. Computers and technology are becoming more widely used in the healthcare industry. Numerous software programs are now used for a variety of reasons and in many areas of nursing. These uses of healthcare informatics include electronic record keeping, information distribution, data observation, data investigation, medications distribution, risk assessments, and record keeping. Computerized medical records now make it easier to access a patient’s chart, medical history, and medication list. In the past a patient’s medical records were kept in the form of paper charts. Orders, prescriptions, vital signs, and office visits were typically hand written and were often unorganized and illegible. When patients went to the doctor their medical records were ordered and sent via courier to various departments or were sent via fax. Both methods leave room for patient information to be lost, destroyed, or stolen. Healthcare informatics has improved patient care by providing legible, secure, and organized computerized patient charts...
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...Strategy and Planning What is Strategy? The term ‘strategy’ proliferates in discussions of business. The term ‘strategy’ is derived from the Greek word ‘stratēgia’, which means the “art of the troop leader”: a plan, course of action, or a set of decisions creating a pattern or a common link. All the successful business enterprises today constantly take in new information about their markets, customers, and operating environments. Then, management uses that knowledge and data to shape new strategic directions, to reorganise how they respond to marketplace demands, and to ensure that their views regarding all aspects of the business are fresh and viable. Strategy is the direction and scope of an organisation over the long-term, which achieves advantage for the organisation through its configuration of resources within a challenging environment to meet the needs of markets and to fulfil stakeholder expectations. What is the difference between Tactics and Strategy? Strategy differs from tactics. Tactics are schemes for specific manoeuvres, whereas strategy is the overall plan for deploying resources to establish a favourable position. An organisation’s strategy consists of the combination of competitive moves and business approaches that managers employ to please customers and achieve organisational objectives. Strategy is a plan or course of action denoting a pattern which evolves a direction for the organisation. It relates to pursuing those activities which move an...
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...Explain why strategies fail? Understanding the value of and need for a strategic plan is a great place to start, but just wanting something, isn’t enough. Developing a strategic plan takes discipline, foresight, and a lot of honesty. Regardless how well you prepare, you’re bound to encounter challenges along the way. Some of the below mention factors contribute to failure of strategies. Poor Preparation of Line Managers: Numbers of companies have recognized that the responsibility for formulating strategy belongs to line managers, not staff planners. The latter’s role is supportive and facilitative. But in many instances, line executives have been inadequately prepared to assume this responsibility. Line managers need to understand the key concepts and language of strategic planning. It is unlikely that without some help, they will uniformly understand the operational meaning of such notions as ‘bases of competition’, ‘strategic issues’, ‘key success factors’, ‘portfolio role’, and ‘strategic management’. Typically, line managers view strategic planning as an additional burden imposed from above, diverting them from ‘running the business’. All too often, many line managers adopt a grudging, mechanistic approach to their planning duties. Small wonder that staff planners creep back in to lend a hand and help fill the void. Improving line managers’ understanding and skills in strategic planning through participation in ‘quick-fix’ management development courses often yields disappointing...
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...*Executive summary /Abstract */introduction Critically evaluates the marketing planning process Discusses impediments to effective implementation of marketing plan Introduction The leading exponents of the marketing planning have been warned of the communications factors, operational, cultural and managerial in which frequently impede the effective implementation of the marketing planning programmers in the past two decades. (Cravens, 1998; Doyle, 1998; Greenley, 1982; Leeflang and de Mortanges, 1996; McDonald, 1992a, b; 1995; Piercy and Morgan, 1994; Jain, 1993; Simkin, 1996a, b; Verhage and Waarts, 1988). There have some specific guidance are offered in the recent years to assist marketing managers overcoming those internal organisational and in pre-empting forces (cf. Cravens, 1998; Dibb et al., 1996; Lings, 1999; Piercy, 1997; 1998; Simkin, 2000). Yet, the recent research has shows barriers to the implementation of programmes and marketing strategies. (Dibb and Simkin, 2001; Simkin, 2000). Another key barrier is indicating impeding the deployment of effective marketing practices used to be the lack in most marketing function or either in organisations. (cf. McDonald, 1992a, b; Piercy and Morgan, 1994). The research are shows this is a no longer to the case with the bulkiness businesses professing to have a marketing department undertaking not only promotion and customer research,but are relate to the Kotleresque textbook approach to marketing management...
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...Strategic Planning and the Nursing Process Tuesday VanTuyl HCS/482 05/20/2015 Marilyn Goodloe Strategic Planning and the Nursing Process Nurses today work in a time of fast paced change and ever evolving technology. Just as the patient must be assessed and plans of care adapted, the way we care for those patients must change and adapt as well. The nursing process is the essential core practice of registered nurses in providing care (ANA, 2015). The familiarity of nurses in using a systematic approach makes them key players in strategic planning. Each of these processes share key components and differences but are both necessary elements of successful health care delivery. Registered nurses play an increasing role in the strategic planning and incorporating of informatics into the health care setting. Strategic Planning Strategic planning was initially mandated in 1974 by the National Health Planning and Resources Act but later repealed in 1983 (Hebda & Czar, 2013). The purpose of the mandate was to ensure that hospitals investing in new technology had a detailed plan describing how the investment met the goals of public policy by reducing costs, improving quality, and increasing access (Hebda & Czar, 2013). While not mandated, strategic planning is a widely used method to achieving health organizations goals today. Strategic plans are designed by looking at all the pieces of the puzzle and how they will fit together to achieve the goal of an organization (Strategic...
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...Introduction: LO1: Understand the processes of strategic planning LO2: Be able to formulate a new strategy LO3: Understand approaches to strategy evaluation and selection LO4: Understand how to implement a chosen strategy Reference: Introduction: In today’s highly competitive world strategic planning is essential for organizational success. Strategic planning is a process undertaken by an organization to develop a plan for achievement of its overall long-term organizational goals. Strategic Planning helps management understand the current situation. This in turn allows management to plan for the future. In a world of rapid change, it is becoming imperative for management to think strategically (plan for the future). And since the rate of change seems to be escalating, the importance of strategic planning continues to grow. In fact, the best-managed companies tend to engage in continuous strategic planning. Some organizations have intuitive thinkers who almost seem to see into the future. Therefore, strategic planning is a way of preparing for the future by attempting to simulate the future. LO1: Understand the processes of strategic planning. 1.1 “Strategic planning is the process by which members of an organization envision its future and develop the necessary procedures and operations to achieve that future.” [Pfeiffer, Goodstein, Nolan, 1986] and [Rothwell, 1989] Strategic planning is also “a process of defining the values, purpose...
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...STRATEGIC MARKET PLANNING & IMPLEMENTATION Sugar & Spice : Healthy HomeCooked Meals Delivery EXECUTIVE SUMMARY Sugar and Spice is a catering and food delivery company that focuses on healthy, home cooked meals with lots of delicious choices on its menu to tantalize our customers' taste buds. With Sugar and Spice, customers will enjoy a rich variety of delicious meal that is different everyday. The daily selection of dishes includes fresh seafood, meat and vegetable, which will be prepared and served in hygienic condition. Our target customers are mainly working professionals from government offices and private offices as well as students in Putrajaya and Cyberjaya areas. In line with our 'green' effort, we will pack all the food in high quality disposable and microwavable container. Strategic Market Planning & Implementation Page 2 Sugar & Spice : Healthy Home-Cooked Meals Delivery TABLE OF CONTENTS I SITUATIONAL ANALYSIS 1.0 2.0 3.0 4.0 5.0 COMPANY PROFILE ……………………………………………….. 4 PRODUCT INTRODUCTION ………………………………………. 6 MARKET ANALYSIS ………………………………………………. 11 SWOT ANALYSIS ……………………………………………………. 14 COMPETITION ANALYSIS …………………………………………17 II MARKETING STRATEGY 6.0 7.0 8.0 MARKETING OBJECTIVES ………………………………………. 18 FINANCIAL OBJECTIVES ………………………………………… 19 SEGMENTING, TARGETING & POSITIONING (STP) ANALYSIS …………………………………………………………… 20 9.0 MARKETING STRATEGY ………………………………………… 22 III FINANCIAL STATEMENTS & FORECASTS 10.0 11.0 BREAK EVEN ANALYSIS …………………………………………...
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...BMA351 MARKETING MANAGEMENT STUDY GUIDE – WEEK 2 STRATEGIC MARKETING PLANNING INTRODUCTION This week you will be introduced to the concepts of strategic planning and the strategic planning process. Important in this discussion is an understanding of the hierarchies that exist within firms and within the planning process. Last week’s consideration of the differences between strategic and tactical is useful too. You will also be introduced to idea of marketing control, which is an important element you will need to address in Assessment Item 2 – Strategies & Implementation. Resources Lecture slides (download or view PowerPoint file) Recorded MyMedia lecture – Week 2 Prescribed text: Chapter 2 MyLO: Readings/Strategic marketing planning Acknowledgement: Sections adapted from Ferrell, OC & Hartline, MD 2010, Marketing strategy, 5th edn. Cengage Learning, Mason, OH. © 2010 Cengage 1 LECTURE OUTLINE Strategic Planning and the Strategic Planning Process The majority of organisations operate according to a formal plan. Formal planning can yield many benefits for all types of firms. It encourages senior management to think ahead systematically and refine its objectives and policies. Sound planning helps the company to anticipate and respond quickly to environmental changes, and prepare for sudden developments more effectively. Whether at the corporate, business unit, or functional level, the planning process begins with an indepth analysis of the organisation's...
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...Criticize the use of strategic planning as a means to achieve organisational objectives. Strategic planning is the process by which managers of the firm analyze the internal and external environments for the purpose of formulating strategies and allocating resources to develop a competitive advantage in an industry that allows for the successful achievement of organizational goals Rothaermal (2012). Strategic planning cannot provide a precise and detailed picture of the future. Method of describing in detail the future of an organization is not a detailed description of its internal state and the situation in the external environment, but rather a mixture of qualitative wishes towards the state in which the organization wants to be in the future, what position to take in the market and in the business, what organizational culture to have. Strategic planning enables an organisation to determine its growth trajectory by analysing internal and external factors that may affect its growth in the long term. Due to its complexity and heavy commitment to strategic goals, strategic planning is rarely implemented successfully Fuller (2004). Often, the poor implementation is the reason for failure, although it is more often the case of misaligned operational and strategic goal. For instance, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZIM-ASSET) is a strategic plan to turn around the economy. Therefore as much as strategic planning identifies constraints and...
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...1 The Nature of Strategic Management True/False Introduction 1. The underpinnings of strategic management hinge on managers gaining an understanding of competitors, markets, prices, suppliers, distributors, governments, creditors, shareholders and customers worldwide. Ans: T Page: 4 2. Although the Internet has increased in popularity, it has actually led to increases in company expenses. Ans: F Page 4 3. Consumer e-commerce is five times greater than business-to-business e-commerce. Ans: F Page 4 What Is Strategic Management? 4. Optimizing for tomorrow the trends of today is the purpose of strategic management. Ans: F Page: 5 5. Even though useful, strategic planning has been cast aside by corporate America since the early 1990s. Ans: F Page: 5 Resource allocation is included in strategy-formulation activities. Ans: T Page: 5 6. The terms strategic management and strategy implementation are synonymous. Ans: F Page: 5 7. A vision statement is, in essence, a company’s game plan. Ans: F Page: 5 8. Strategy implementation is often considered to be the most difficult stage in the strategic-management process because it requires personal discipline, commitment and sacrifice. Ans: T Page: 6 9. The final stage in strategic management is strategy implementation. Ans:...
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