Strategic Planning Process External Scan Internal Audit Mission Forecast LTOs Strategies Policies Standards STOs Tactics Procedures Implement Figure 3.1.

Slides:



Advertisements
Similar presentations
What is problem-solving? A decision making process that uses data 1. Problem Identification 2. Problem Analysis 3. Plan Development 4. Plan Implementation.
Advertisements

CHAPTER-01 BASIC CONCEPTS OF STRATEGIC MANAGEMENT (SM)
Basic Concepts of Strategic Management
Management: Analysis and Decision Making
TRM 450 X Research Methodology Spring Semester 2004 Dr. Zongqing Zhou.
1 MANAGEMENT 516 OPERATIONS MANAGEMENT What is Operations Management (OM) ? –Activities that relate to creation of goods and services through transformation.
Fundamentals of Information Systems, Second Edition 1 Information and Decision Support Systems Chapter 6.
WHY PLAN ? Guide to Action Standard of Performance Rationale for Decision Source of Motivation.
1 Matakuliah:G0492 / English for Advertising Tahun: 2005/2006 Advertising Planning and Strategy Strategic planning The Marketing Plan The Advertising Plan.
STRATEGIC MANAGEMENT & BUSINESS POLICY 12TH EDITION
An Introduction to Decision Support Systems MIS 533.
Introduction to Hospitality, 6e
STRATEGIC MANAGEMENT & BUSINESS POLICY 13TH EDITION
Basic Concepts of Strategic Management
Systems Investigation and Analysis
E-Commerce Project Seventh Lecture Mohammed Antour
Management and Decision Making
Chapter 2 – Strategic Planning and the Marketing Process.
Using Information Technology Pertemuan 12 Chapter 11 Information Systems.
Using Information Technology Chapter 11 Information Systems.
Introduction to Strategic Management
Standards Procedures Objectives Strategies Policies Objectives and Strategies Figure 12.1.
PLANNING Process of deciding what objectives to pursue during a future time period and what to do to achieve those objectives. BUSI GOLDEN CHAPTER.
Classic strategic management Statement of firm’s mission Elaboration of goals to meet the mission Evaluation of competitive environment of the firm Audit.
Strategic Management: Chapter 1 Basic Concepts of Strategic Management Page 1 Basic Concepts of Strategic Management Chapter 1.
Strategic Information Initiatives Week 1 Base-line Perspectives Frank Coker, MBA, CMC President Information Systems Management, Inc. (a consulting firm.
Part Chapter © 2009 The McGraw-Hill Companies, Inc. All rights reserved. 1 McGraw-Hill Planning and Strategic Management 2 Chapter 5.
Chapter 3 Marketing Decision Making and Case Analysis.
Decision making. Types of decision Programmed decisions Non-programmed decisions.
1 Decision Making and Problem Solving: Decision Making as a Component of Problem Solving Decision-making phase: first part of problem- solving process.
1 Accounting systems design & evaluation Karen Lau 25 Feb 2002.
Competencies for Hotel Organization
System Investigation Problem? Symptom? Inputs Transformation Process People? Materials? Systems? Where is the real problem? Figure 10.1.
Information Technology
Planning – deciding what work will be done and how it will be accomplished Objective: Discuss the Nature of Planning as a Management Function.
Mak ing strategic decisions Candidates should be able to: Describe the significance of information management Assess the value of different approaches.
ENGINEERING DESIGN PROCESS. OBJECTIVES IDENTIFY THE STEPS OF THE ENGINEERING DESIGN PROCESS. DETERMINE CRITERIA FOR THE DEVELOPMENT OF A NEW TECHNOLOGY.
1 Using Information Technology Chapter 11 Information Systems.
© 2007 Pearson Education, Upper Saddle River, NJ All Rights Reserved. Walker: Introduction to Hospitality Management, 2 nd edition Chapter 15 Planning.
Develop a Marketing Plan.  Your marketing plan gives you a guide on which to base decisions and ensures that everyone is working together to achieve.
Sales planning and budgeting. Why Plan? Provides direction Improves morale Cooperation and coordination Flexibility Individual and collective standards.
Essentials of Planning © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website,
Chapter 01 Understanding Hospitality Information Systems and Information Technology 石岳峻 博士.
HCR 230 Week 7 CheckPoint Effective Financial Policies and Procedures To purchase this material click below link
Accounting Information Systems: An Overview
E-commerce Strategy Ing. Athanasios Podaras, Ph.D Faculty of Economics
Management of Technology
MARKETING PROCESS.
Summary: The Systems Development Life Cycle
Hotel Organization.
برنامه ریزی استراتژیک مراحل و متدها
AIRLINE MANAGEMENT AERO 4100 / 5100
STRATEGIC MANAGEMENT & BUSINESS POLICY 12TH EDITION
C H A P T E R C H A P T E R Planning 15.
Pertemuan 07 Materi : Buku Wajib & Sumber Materi :
التخطيط الإستراتيجي والتميز الإدارى للقيادات الجامعية
Marketing Case Analysis
برنامه ریزی استراتژیک مراحل و متدها
Technical Report Writing
Case Analysis Framework
6 Elements of a Marketing Plan
Basic Management Functions
IMPLEMENTATION MISSION/VISION STRATEGY GOALS STRATEGIES/TACTICS
Chapter 4 Strategic Planning.
វិទ្យាស្ថានខ្មែរជំនាន់ថ្មីInstitute of New Khmer
(System Development Life Cycle)
The Planning and Decision making
CONTIGENCY FRAMEWORK FOR STRATEGIC SPORTS MARKETING
Decision Making Process
HT 1 (3rd September – Friday 25th October, weeks) HT 2 Wk1 Wk2 Wk3 Wk4
Presentation transcript:

Strategic Planning Process External Scan Internal Audit Mission Forecast LTOs Strategies Policies Standards STOs Tactics Procedures Implement Figure 3.1

Standards Procedures Objectives Strategies Policies Objectives and Strategies Figure 3.2

Strategic Planning External Scan(O/T) Mission/Vision Internal Audit(S/W) Forecast LTOSTO StrategiesTactics Implement Revise/Evaluate Figure 3.3

Hotel California—Such a lovely place! Objective: Increase sales by 25% over last year in all revenue operating areas by December 1, S1 Direct marketing project through E- Commerce system by April 1, S2 Complete rooms, retail, recreation, and F&B upsell program by Sept. 30, 2003 S3 Roll-out sales commission plan by October 20, O/S J F M A M J Ju A S O N D O1 S1 S2 S3 Objectives/StrategiesCPM Figure 3.4

Management Decisions Strategic Tactical Supervisory Structured Unstructured Decisions Figure 3.5

System Investigation Problem? Symptom? Inputs Transformation Process People? Materials? Systems? Where is the real problem? Figure 3.6

System Analysis Obvious Problem Symptoms Symptom Categories Real Problem(s) Solution Alternatives Alternatives Analysis Figure 3.7

System Design, Implementation and Evaluation Alternatives Analysis Solution Design Solution Implementation Solution Evaluation & Revision Did it solve the obvious problem in a feasible manner? No-ReviseYes-Next Problem Figure 3.8

Weeks S1 S2 S3 S4 Turnaround Intervention CPM Figure 3.9