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Strategic Planning in Organized Small Business

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Strategic Planning in Organized Small Business
CHAPTER ONE
Introduction
What is Strategic Planning?
Strategic planning determines where an organization is going over the next year or more, how it 's going to get there and how it 'll know if it got there or not. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program.
There are a variety of perspectives, models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization 's leadership, culture of the organization, complexity of the organization 's environment, size of the organization, expertise of planners, etc. For example, there are a variety of strategic planning models, including goals-based, issues-based, organic, scenario (some would assert that scenario planning is more of a technique than model), etc.
1) Goals-based planning is probably the most common and starts with focus on the organization 's mission (and vision and/or values), goals to work toward the mission, strategies to achieve the goals, and action planning (who will do what and by when).
2) Issues-based strategic planning often starts by examining issues facing the organization, strategies to address those issues and action plans.
3) Organic strategic planning might start by articulating the organization 's vision and values, and then action plans to achieve the vision while adhering to those values. Some planners prefer a particular approach to planning, eg, appreciative inquiry.
Some plans are scoped to one year, many to three years, and some to five to ten years into the future. Some plans include only top-level information and no action plans. Some plans are five to eight pages long, while others can be considerably longer.
Quite often, an organization 's strategic planners already know much of what will go into a strategic plan (this is true for business planning, too). However, development of the strategic



References: • Patrick L. Burkhart and Suzanne Reuss (1993). Successful Strategic Planning: A Guide for Nonprofit Agencies and Organizations. Newbury Park: Sage Publications. • Bradford and Duncan (2000). Simplified Strategic Planning. Chandler House. • Stephen G. Haines (2004). ABCs of strategic management : an executive briefing and plan-to-plan day on strategic management in the 21st century. • Kono, T. (1994) "Changing a Company 's Strategy and Culture", Long Range Planning, 27, 5 (October 1994), pp: 85-97 • Philip Kotler (1986), "Megamarketing" In: Harvard Business Review • John Naisbitt (1982). Megatrends: Ten New Directions Transforming our Lives. Macdonald. • T. Levitt (1960) "Marketing myopia", In: Harvard Business Review, (July—August 1960) • M • L. Fahey and V. K. Narayman (1986). Macroenvironmental Analysis for Strategic Management&rdquo. West Publishing. • R. F. Lusch and V. N. Lusch (1987). Principles of Marketing. Kent Publishing, • Brian Tracy (2000) • Michael Allison and Jude Kaye (2005). Strategic Planning for Nonprofit Organizations. Second Edition. John Wiley and Sons.

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