How is strategic planning carried out

16
How is strategic planning carried out at different levels of the organization? Suneel Anumolu

Transcript of How is strategic planning carried out

Page 1: How is strategic planning carried out

How is strategic planningcarried out at different levels of

the organization?

Suneel Anumolu

Page 2: How is strategic planning carried out

The Strategic Planning, Implementation, and Control Processes

Page 3: How is strategic planning carried out

Corporate and Division StrategicPlanning

1. Defining the corporate mission

2. Establishing strategic business units

3. Assigning resources to each strategic business unit

4. Assessing growth opportunities

Page 4: How is strategic planning carried out

Levels of a Marketing Plan

Strategic• Target marketing decisions

• Value proposition

• Analysis of marketing opportunities

Tactical• Product features

• Promotion

• Merchandising

• Pricing

• Sales channels

• Service

Page 5: How is strategic planning carried out

Focus on limited number of goalsFocus on limited number of goals

Stress major policies and valuesStress major policies and values

Define major competitive spheresDefine major competitive spheres

Good Mission Statementsfive major characteristics.

Take a long-term viewTake a long-term view

Short, memorable, meaningfulShort, memorable, meaningful

Page 6: How is strategic planning carried out

Company Product Market

Missouri-Pacific Railroad

We run a railroad We are a people-and-goods mover

Xerox We make copying equipment

We improve office productivity

Standard Oil We sell gasoline We supply energy

Columbia Pictures We make movies We entertain people

Product-Oriented versus Market-Oriented Definitions of a Business

Page 7: How is strategic planning carried out

The Kate Spade brand allows LizClaiborne to attract a more youthfulcustomer

Page 8: How is strategic planning carried out

The Strategic Planning Gap

Page 9: How is strategic planning carried out

Characteristics of SBUs

• It is a single business or collection of related businesses

• It has its own set of competitors

• It has a leader responsible for strategic planning and profitability

Page 10: How is strategic planning carried out

The Business Unit Strategic-Planning Process

Page 11: How is strategic planning carried out

Swot Analysis

Page 12: How is strategic planning carried out

Opportunity and Threat Matrices

Page 13: How is strategic planning carried out

Vodafone has actively partneredwith a number of other firms to helpdrive its innovation.

Page 14: How is strategic planning carried out

PORTER’S GENERIC STRATEGIES

Page 15: How is strategic planning carried out

Feedback and Control

Page 16: How is strategic planning carried out