Strategic Management & Planning

Slides:



Advertisements
Similar presentations
Strategic Management & Planning
Advertisements

Business Plan Competition Presented by: Omar Shawky.
Strategic Management.
HOWARD UNIVERSITY LIBRARIES Strategic Planning Retreat, 2005.
ICAO Global Aviation Training
Lecture 3 Strategic Planning for IT Projects (Chapter 7)
Strategic Human Resource Management
STRATEGIC MANAGEMENT INTRODUCTION AND OVERVIEW WHAT IS IT? WHY IS IT IMPORTANT?
A Strategic Planning Overview... A process where an organization envisions its future and develops strategies to achieve that vision. Who needs it?
ADB/ ECA/ PARIS21 – NSDS design seminar, Addis Ababa, 8-11 August 2005 National Strategies for the Development of Statistics: Making the Case, NSDS Essentials.
Leaders Facilitate the Planning Process
Strategic Management the art and science of formulating, implementing and evaluating crossfunctional decisions that enable an organization to meet its.
Planning & Budgeting 24 th August 2011 Dave Hastings.
Strategic Planning. Definitions & Concepts Planning: is a scientific approach for decision making. Planning: is a scientific approach for decision making.
Delivering Results Since 1975 Vancouver Calgary Edmonton Toronto Lakeland Catholic School District Education Planning Project Objectives, Work Plan & Schedule.
Logistics and supply chain strategy planning
Strategic and operational plan. Planning it is a technical function that enables HSO to deal with present and anticipate the future. It involve deciding.
Statistics and cooperation: Rome, 24 November 2005 Statistics to Inform Development Policy: the Role of PARIS21 Presentation by Antoine Simonpietri, PARIS21.
© 2005 Mark T. Schenkel1 Mark T. Schenkel, Ph. D. The Business Plan Foundations of Entrepreneurship.
Assessing The Development Needs of the Statistical System NSDS Workshop, Trinidad and Tobago, July 27-29, 2009 Presented by Barbados.
Introduction to Strategic Management
PACIFIC AID EFFECTIVENESS PRINCIPLES. Purpose of Presentation Provide an overview of Pacific Principles on Aid Effectiveness Provide an overview of Pacific.
Experiences in Strategic Statistical Planning – Statistical Institute of Jamaica (STATIN) – The Modernization of STATIN Presented by Annette McKenzie Deputy.
PARIS21/CARICOM Workshop on NSDS, Trinidad and Tobago, July 2009 NSDS Overview Presentation by PARIS21 Secretariat.
Bank Audit. Internal Audit Internal audit is an independent, objective assurance activity and can give valuable insight in providing assurance that major.
17/9/2009 Nakato Ruth Chapter one Introduction and review of strategic management.
Social Housing Foundation. Meeting with Housing Portfolio committee Role, purpose and mandate Strategy map Supporting housing delivery Key achievements.
International Marketing Final Term Presentation: Presented to: Presented to: Mr. Ali Saeed Mr. Ali Saeed Presented by: Presented by: Ibrar Ahmed Hunzai.
33 3. IS Planning Issues Scope of IS planning Barriers in IS planning Overview of IS planning Inputs to IS planning Process of IS planning Outputs from.
Amity School of Business Amity School of Business Management Foundation Module-II By Neeti Saxena Assistant Professor, ASB 1.
Presenting: Strategic Planning Choosing the Right Method for Your Nonprofit Organization Section 3(a) Contextual Approach.
CARICOM: 2nd meeting of the Advisory Group on Statistics, San Ignacio, 25 June 2008 Why NSDS & NSDS design Presentation by PARIS21 Secretariat Caribbean.
Chapter 5 5 Planning C H A P T E R. Outcomes Differentiate between strategic planning and master planning. Understand the strategic and master planning.
Getting to the Root of the Problem Learn to Serve 501 Commons November 6, 2013 Bill Broesamle.
PARIS21 workshop, Accra, July 2005 Meeting the data challenge: National Strategies for the Development of Statistics (NSDSs) Frances Harper PARIS21.
Strategy and strategic planning Lecture 5. Strategy and strategic planning Strategy is an element of the internal environment of the organization. It.
Strategic planning A Tool to Promote Organizational Effectiveness
Strategic Formation Process
Contents Playbook Objectives Playbook Value Details Playbook Design
Forming a Strategy for your Business.
Herman Smith United Nations Statistics Division
REFLECTED IN JAMAICA’S ENERGY POLICY
Peter Reynolds CEO, Early Childhood Council (May, 2012)
Chapter 1 Basic Concepts of Strategic Management PowerPoint Slides
Discussion of CRVS strategies
LO1 - Analyse the impact and influence which the macro environment has on an organization and its business strategies 1. P1 Applying appropriate frameworks,
Leaders Facilitate the Planning Process
INTER-AMERICAN DEVELOPMENT BANK CAPACITY BUILDING AND TRAINING.
CHAPTER 3: STRATEGIC PLANNING.
National Association For Court Management
The Logical Framework Approach
Strategic Planning for Learning Organizations
Chapter 3 Performance Management and Strategic Planning
STRATEGIC MANAGEMENT & BUSINESS POLICY 12TH EDITION
MGT 498 EDU Lessons in Excellence-- mgt498edu.com.
MGT 498 TUTORIAL Lessons in Excellence -- mgt498tutorial.com.
The Strategic Information Technology Formulation
11/18/2018 ANNUAL performance PLAN (2018/19) NATIONAL DEVELOPMENT AGENCY PORTFOLIO COMMITTEE – 02 MAY 2018.
جامعة دمشق كلية الاقتصاد ماجستير إدارة الأعمال الإدارة الإستراتيجية
12/5/2018 ANNUAL performance PLAN (2018/19) NATIONAL DEVELOPMENT AGENCY Select COMMITTEE – 19 June 2018.
PLANNING.
UNIT-VII Strategic Management.
5 BUSINESS MANAGEMENT © 2007 Prentice Hall, Inc. All rights reserved.
Objective of the workshop
DIAGNOSTIC FRAMEWORK: National Accounts and Supporting Statistics
Key components of an NSDS
National Stakeholder Consultation for the Design of a National Strategy for the Development of Statistics (NSDS) St. George’s, Grenada April 2012.
CHANGE IS INEVITABLE, PROGRESS IS A CHOICE
Power point presentation DR.Shareef Mahgoub
Strategic Planning.
Presentation transcript:

Strategic Management & Planning PARIS 21/CARICOM NSDS Workshop Sonia M. Jackson Director General Statistical Institute of Jamaica Statistical Institute of Jamaica

Overview of Presentation Definitions & Concepts SWOT Analysis Developing the Plan Defining the Strategies Implementing the Plan Monitoring & Evaluation Statistical Institute of Jamaica

Definitions & Concepts – Strategic Management Strategic Management is concerned with: making decisions about an organization’s future direction for growth, renewal and transformation and implementing those policies. The strategic management process can be broken into two phases – strategic planning and strategy implementation. Statistical Institute of Jamaica

Definitions & Concepts – Strategic Planning Strategic Planning is making decisions about: Determining the organization’s mission; Formulating policies to guide the organization in establishing objectives, choosing a strategy, and implementing the chosen strategy; Establishing long-range and short-range objectives to achieve the organization’s mission; Determining the strategies that are to be used in achieving the organization’s mission Statistical Institute of Jamaica

Definitions & Concepts – Strategy Implementation Strategy Implementation is concerned with: Developing the organizational structure to achieve the strategy; Identifying & quantifying the resources required to support the achievement of the objectives Ensuring that the activities necessary to accomplish the strategy are performed effectively Monitoring the effectiveness of the strategy in achieving the organization’s objectives. Statistical Institute of Jamaica

Definitions & Concepts – Mission/Vision Mission is the reason for which the organization exists & what it will do. It describes the products/services to be supplied, the markets to be served and the technology to be applied, if critical. Vision Statement answers the question, What do we want to become? It is futuristic and long term. Statistical Institute of Jamaica

The SWOT Analysis – The Internal Environment Strengths Weaknesses Value systems Culture Staffing – human resource management Organizational Capital Support systems in the operating environment Financial capital Statistical Institute of Jamaica

The SWOT Analysis – The External Environment Opportunities Threats The changing environment The demand for new products & competition The economic environment Availability of resources The culture of the population The regulatory framework Statistical Institute of Jamaica

Developing the Plan Develop a mission & a vision. The Statistics Act establishes the broad operation framework; the strategic plan will make operational the continual development of the Institution; The need to define official statistics and what constitutes NSS and the role of the NSO; Understand the environment in which the NSO operates – the internal and the external environments, centralised vis-à-vis decentralised operations within the NSS, who are the participants, etc; Build in the need for stakeholder, users & producers participation in the planning and implementation process. Staff members, at all levels, must be included in the planning process; Incorporate IT as value added to products and services. Note: IT is an enabler not a solution Statistical Institute of Jamaica

Our Mission & Vision Our Mission “To provide relevant, timely and accurate statistical information and technical services, consistent with international standards, to our national and international clients.” Our Vision “To be a learning organisation that is on the cutting edge of technology and is responsible to the needs of our clients.” Statistical Institute of Jamaica

Defining the Strategies 6 Strategic Areas with 9 Strategic Objectives Consolidate HO Operations Reduce costs & improve internal communications Operational Efficiencies Strengthen Human Resource Management Functions Create an organizational structure that is flexible to support the work of the institute Developing the Service Culture Institute client service culture & practices for all products & programmes Develop & implement efficient business processes Statistical Institute of Jamaica

Defining the Strategies cont’d Improved Technology Platform Strengthen the technology required to support the systems & increase efficiencies Improved Statistical Products & Methodology Understanding user requirements & translate into new products or enhance existing products Strengthen legal framework Acquire Financing Acquire financing & TA to facilitate change Statistical Institute of Jamaica

Implementing the Plan Establish priorities Consider the available resources – IT, human, financial, physical environment, etc, in determining the implementation period and the strategies to be implemented It is not necessary to tackle all the strategies at the same time – a phased approach is acceptable Seek technical support in the planning and implementation processes if the expertise is not available in-house Acknowledge small gains in the process and share the achievements Use the Plan as a marketing tool to seek support for technical assistance and financial aid. Statistical Institute of Jamaica

Monitoring & Evaluation Periodic review of the implementation process Obtain feedback from staff/clients/stakeholders Provide regular feedback to major stakeholders, including staff Document and communicate the lessons learnt Acknowledge and share results - achievements and failures Continuous monitoring and review of objectives Remember that the Strategic Management process is a continuous cycle. It does not end. The real objective is continual improvement! Statistical Institute of Jamaica

STRATEGIC ACTION PLANNING SWOT Analysis VISION STRATEGIC AREAS FOR DEVELOPMENT STRATEGIC OBJECTIVES Strategic Action 4 Action 3 MISSION Internal Environment Strengths Weaknesses - Value systems - Culture - Staffing - Support systems, operating environment The long range objectives that will drive the development process and stretch the organization to achieve them. External Environment Opportunities Threats - The changing environment - The demand for new products - The economic environment - Availability of resources Action 2 Action 1 EVALUATION/FEEDBACK The reason for the existence of the organization & establishes the values, beliefs & guidelines for the conduct of business STRATEGIC ACTION PLANNING Statistical Institute of Jamaica

Thank you Statistical Institute of Jamaica