Strategic Planning
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Questions and Answers

What is the primary focus of the business model in strategic planning?

  • Community development and growth
  • Empowerment and constituent needs
  • Hierarchical control and stability
  • Market share and profit (correct)

    • Which of the following is a characteristic of the community-planning model?

  • Market-oriented
  • Bottom-up, consensus building (correct)
  • Top-down control
  • Hierarchical organization

    • What is the primary goal of NPO strategic planning?

  • To develop a market-oriented business model
  • To remove weaknesses and seize opportunities (correct)
  • To establish a hierarchical organization
  • To increase profit margins

    • Which of the following is NOT a step in the NPO strategic planning process?

    <p>Soliciting feedback and developing consensus</p> Signup and view all the answers

    What type of organizations is the community-planning model better suited for?

    <p>Non-profit organizations and local governments</p> Signup and view all the answers

    What is a limitation of the NPO strategic planning model?

    <p>It assumes all stakeholders are represented</p> Signup and view all the answers

    What is a key difference between the business model and the community-planning model?

    <p>The business model is more profit-oriented, while the community-planning model is more empowerment-oriented</p> Signup and view all the answers

    What is a step in the NPO strategic planning process that involves reviewing and revising the organization's mission statement?

    <p>Reviewing and revising the organization's mission statement</p> Signup and view all the answers

    What is the primary approach of the Applied Strategic Planning model?

    <p>Top-down hierarchy with a plans and operations department</p> Signup and view all the answers

    Which of the following is a key step in the Applied Strategic Planning process?

    <p>Garnering CEO support and identifying stakeholders</p> Signup and view all the answers

    Which strategic planning model is least relevant to community planning?

    <p>ICMA Strategic Development</p> Signup and view all the answers

    What is the primary goal of the Applied Strategic Planning model?

    <p>To close performance gaps and acquire new opportunities</p> Signup and view all the answers

    Who is typically involved in the Applied Strategic Planning process?

    <p>Key internal players and external consultants</p> Signup and view all the answers

    What is a key assumption of the Applied Strategic Planning model?

    <p>That there is a fair degree of quantifiable data</p> Signup and view all the answers

    What is a key step in the Applied Strategic Planning process after implementing strategies?

    <p>Monitoring actions, updating conditions, and restarting the cycle</p> Signup and view all the answers

    What is the primary focus of strategic planning in a common-interest community?

    <p>Projecting the association's status in five, ten, or fifteen years</p> Signup and view all the answers

    What is the primary focus of the Applied Strategic Planning model?

    <p>Business development and competitiveness</p> Signup and view all the answers

    What is the essential concept of team building in strategic planning?

    <p>Defining roles for each team player</p> Signup and view all the answers

    What is the primary source of strategic planning models in community planning?

    <p>Community planning schools</p> Signup and view all the answers

    What is the outcome of strategic planning in a common-interest community?

    <p>A detailed plan for the community's growth and development</p> Signup and view all the answers

    What is the purpose of identifying an association's mission and vision in strategic planning?

    <p>To determine the association's goals and objectives</p> Signup and view all the answers

    What is the primary benefit of strategic planning in a common-interest community?

    <p>It helps the community to achieve its goals and objectives</p> Signup and view all the answers

    Who are the essential team members in strategic planning?

    <p>Homeowners, board of directors, and professional management</p> Signup and view all the answers

    What is the primary goal of strategic planning in a common-interest community?

    <p>To ensure the community's success and growth</p> Signup and view all the answers

    What is a crucial activity during the strategic planning process?

    <p>Actively listening and taking notes</p> Signup and view all the answers

    What is the primary purpose of developing long-range goals?

    <p>To address critical issues identified through the needs assessment</p> Signup and view all the answers

    What is a key component of plan execution?

    <p>Programs</p> Signup and view all the answers

    Why is it essential to prioritize goals?

    <p>To focus on the most important objectives</p> Signup and view all the answers

    What is a common mistake that associations make when developing budgets?

    <p>Developing programs based on their budgets</p> Signup and view all the answers

    What is the purpose of a needs assessment?

    <p>To identify critical issues</p> Signup and view all the answers

    What is a key benefit of having a strategic plan?

    <p>It helps to allocate resources effectively</p> Signup and view all the answers

    What is the importance of establishing a monitoring process?

    <p>To assess progress made on short-term and long-range goals</p> Signup and view all the answers

    What is a crucial step in the Applied Strategic Planning approach?

    <p>Identifying consultants and key internal players</p> Signup and view all the answers

    Which aspect is a key assumption of the Applied Strategic Planning model?

    <p>A top-down hierarchy with a plans and operations department</p> Signup and view all the answers

    What is the purpose of scanning organizational values, philosophy, and culture in Applied Strategic Planning?

    <p>To understand the organization's environment</p> Signup and view all the answers

    What is the outcome of selecting strategies to expand or retrench in Applied Strategic Planning?

    <p>Closing performance gaps</p> Signup and view all the answers

    What is the role of the plans and operations department in Applied Strategic Planning?

    <p>Running the models and making business decisions</p> Signup and view all the answers

    What is the benefit of implementing strategies to acquire or divest in Applied Strategic Planning?

    <p>Closing performance gaps and improving overall performance</p> Signup and view all the answers

    What is the focus of the scanning the environment step in Applied Strategic Planning?

    <p>Looking at the behavior of competitors and new products on the horizon</p> Signup and view all the answers

    What is the purpose of monitoring actions, updating conditions, and restarting the cycle in Applied Strategic Planning?

    <p>To continuously evaluate and improve the strategy</p> Signup and view all the answers

    What is the primary driver of an association's strategy?

    <p>Goals and objectives</p> Signup and view all the answers

    What is the importance of holding periodic meetings during the plan execution phase?

    <p>To review progress on short-term goals and plans</p> Signup and view all the answers

    What is the primary reason for adapting to changes during the plan execution phase?

    <p>To resolve simple issues in a reasonable manner</p> Signup and view all the answers

    How often should associations and their managers review their strategic plans, according to industry experts?

    <p>Annually</p> Signup and view all the answers

    What is the primary benefit of using an outside consultant or professional facilitator in strategic planning?

    <p>They bring impartiality and facilitation skills to balance differences of opinion</p> Signup and view all the answers

    What is the consequence of failing to update the strategic plan?

    <p>The plan will eventually fail the community</p> Signup and view all the answers

    Why is it important to review the strategic plan constantly?

    <p>To improve the plan and ensure its execution</p> Signup and view all the answers

    What is the primary purpose of scheduling plan review?

    <p>To ensure the plan is meeting the community's goals</p> Signup and view all the answers

    Study Notes

    Strategic Planning Models

    • There are three strategic planning models: Applied Strategic Planning, ICMA Strategic Development, and Non-Profit Organizations (NPOs)

    Applied Strategic Planning

    • Assumes a top-down hierarchy with a plans and operations department
    • Suitable for solving problems with quantifiable data and business modeling
    • Involves scanning the environment, brainstorming solutions, and establishing a future orientation
    • Includes identifying consultants and key internal players, garnering CEO support, and identifying stakeholders and planning goals
    • Requires scanning organizational values, philosophy, and culture, and (re)defining the organization’s mission statement
    • Identifies new futures and new venture opportunities, audits threats, opportunities, strengths, and weaknesses
    • Selects strategies to expand or retrench to close performance gaps, implements strategies to acquire or divest, and monitors actions, updates conditions, and restarts the cycle

    ICMA Strategic Development

    • Focuses narrowly on economic development and is least relevant to community planning

    Non-Profit Organizations (NPOs)

    • Suitable for organizations such as soup kitchens, nascent neighborhood groups, and human services groups
    • Tailored to small organizations with a narrow focus
    • Assumes all stakeholders are represented, speak with authority, and constituencies are fairly homogeneous
    • Can be modified for community associations with multiple missions and complex organizations
    • Lacks attention on soliciting feedback and developing consensus
    • Includes recruiting stakeholders, power brokers, and leadership, reviewing the organization’s history and current situation, and reviewing and revising the organization’s mission statement
    • Identifies opportunities and threats, organizational strengths and weaknesses, and sets goals to remove weaknesses, blunt threats, and seize opportunities

    Strategic Planning

    • More than ensuring financial soundness and maintaining reserves
    • Projects where the organization expects to be in five, ten, or fifteen years
    • Systematic planning process involving steps to identify current status, mission, vision, operating values, needs, goals, prioritized actions, strategies, action plans, and monitoring plans
    • Cornerstone of every common-interest community
    • Requires understanding that everyone needs to work together to ensure team goals are met
    • Includes establishment of roles for team players, with teams performing poorly if everyone or no one is trying to be the quarterback

    Strategic Planning Process

    • Importance of active listening and taking notes during strategic planning to ensure a quality plan
    • Type-A personalities may try to solve issues quickly, but this may lead to a poor plan if they don't listen to others

    Developing Strategic Plans

    • Develop long-range goals to address critical issues identified in the needs assessment
    • Prioritize these goals
    • Develop short-term goals and specific action plans with scheduled completion dates
    • Establish a monitoring process to assess progress on both short-term and long-range goals

    Plan Execution

    • Plan execution involves allocating resources to put the plan into action
    • Three components: programs, procedures, and budgets
    • Programs serve as blueprints to convert objectives into realities
    • Procedures are specific sequences of tasks to complete programs
    • Budgets should fund programs, not drive them

    Plan Review and Update

    • Regular review and update of the plan is necessary to ensure its execution and improvement
    • Review occurs naturally with board turnover, new homeowners, or law changes
    • Scheduled review can be done through surveys, management review conferences, or discussions at meetings
    • Industry experts recommend reviewing and updating strategic plans annually and completely overhauling them every 3-5 years

    Role of Consultants

    • Outside consultants bring impartiality, pointed questions, and facilitation skills to balance differences of opinion
    • Consultants can help brainstorm, evaluate, and select strategies to empower leaders
    • Consultants can critique and review the plan, and revise goals as necessary

    Applied Strategic Planning Model

    • Assumes a top-down hierarchy with a plans and operations department
    • Involves scanning the environment, brainstorming solutions, and establishing a future orientation
    • Includes identifying consultants, garnering CEO support, and setting planning goals
    • Processes include identifying organizational values, philosophy, and culture, and (re)defining the mission statement

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    Description

    This quiz assesses knowledge of strategic planning models, specifically Applied Strategic Planning, and its application in business and military settings. It covers goal-setting, plan implementation, and revision.

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