153x Filetype PPTX File size 0.21 MB Source: nbeac.org.pk
Strategic Planning of a Business School Strategy “Strategy is a pattern in a stream of decisions” — Henry Mintzberg Outline What is Strategic Planning? Process of Strategic Planning Main Steps of Developing a Strategic Plan Components of a Strategic Plan Common Pitfalls in the Implementation of a Strategic Plan Framework of Strategy Core Values Vision People Mission Processes Technolo Strategy gies Decisions Objectives through Consensus Essence of a Strategy Gain and maintain control of destiny Identify the forces that effect the purpose Dependence and influence Change and/or use force to create degrees of freedom to act It is about choices and timely decisions Source: Burgelman, R.A., Strategy is Destiny: How Strategy making Shapes a Company’s Future. Components of a Strategy Where are we? Where do we want to be? Goals and Objective How do we get there? Programs and target audience Scope and focus of activities How will we succeed? Competitive advantage Why will this give the desired result? The Logic
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