Podcast
Questions and Answers
What is the primary focus of the business model in strategic planning?
What is the primary focus of the business model in strategic planning?
Which of the following is a characteristic of the community-planning model?
Which of the following is a characteristic of the community-planning model?
What is the primary goal of NPO strategic planning?
What is the primary goal of NPO strategic planning?
Which of the following is NOT a step in the NPO strategic planning process?
Which of the following is NOT a step in the NPO strategic planning process?
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What type of organizations is the community-planning model better suited for?
What type of organizations is the community-planning model better suited for?
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What is a limitation of the NPO strategic planning model?
What is a limitation of the NPO strategic planning model?
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What is a key difference between the business model and the community-planning model?
What is a key difference between the business model and the community-planning model?
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What is a step in the NPO strategic planning process that involves reviewing and revising the organization's mission statement?
What is a step in the NPO strategic planning process that involves reviewing and revising the organization's mission statement?
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What is the primary approach of the Applied Strategic Planning model?
What is the primary approach of the Applied Strategic Planning model?
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Which of the following is a key step in the Applied Strategic Planning process?
Which of the following is a key step in the Applied Strategic Planning process?
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Which strategic planning model is least relevant to community planning?
Which strategic planning model is least relevant to community planning?
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What is the primary goal of the Applied Strategic Planning model?
What is the primary goal of the Applied Strategic Planning model?
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Who is typically involved in the Applied Strategic Planning process?
Who is typically involved in the Applied Strategic Planning process?
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What is a key assumption of the Applied Strategic Planning model?
What is a key assumption of the Applied Strategic Planning model?
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What is a key step in the Applied Strategic Planning process after implementing strategies?
What is a key step in the Applied Strategic Planning process after implementing strategies?
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What is the primary focus of strategic planning in a common-interest community?
What is the primary focus of strategic planning in a common-interest community?
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What is the primary focus of the Applied Strategic Planning model?
What is the primary focus of the Applied Strategic Planning model?
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What is the essential concept of team building in strategic planning?
What is the essential concept of team building in strategic planning?
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What is the primary source of strategic planning models in community planning?
What is the primary source of strategic planning models in community planning?
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What is the outcome of strategic planning in a common-interest community?
What is the outcome of strategic planning in a common-interest community?
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What is the purpose of identifying an association's mission and vision in strategic planning?
What is the purpose of identifying an association's mission and vision in strategic planning?
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What is the primary benefit of strategic planning in a common-interest community?
What is the primary benefit of strategic planning in a common-interest community?
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Who are the essential team members in strategic planning?
Who are the essential team members in strategic planning?
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What is the primary goal of strategic planning in a common-interest community?
What is the primary goal of strategic planning in a common-interest community?
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What is a crucial activity during the strategic planning process?
What is a crucial activity during the strategic planning process?
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What is the primary purpose of developing long-range goals?
What is the primary purpose of developing long-range goals?
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What is a key component of plan execution?
What is a key component of plan execution?
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Why is it essential to prioritize goals?
Why is it essential to prioritize goals?
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What is a common mistake that associations make when developing budgets?
What is a common mistake that associations make when developing budgets?
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What is the purpose of a needs assessment?
What is the purpose of a needs assessment?
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What is a key benefit of having a strategic plan?
What is a key benefit of having a strategic plan?
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What is the importance of establishing a monitoring process?
What is the importance of establishing a monitoring process?
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What is a crucial step in the Applied Strategic Planning approach?
What is a crucial step in the Applied Strategic Planning approach?
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Which aspect is a key assumption of the Applied Strategic Planning model?
Which aspect is a key assumption of the Applied Strategic Planning model?
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What is the purpose of scanning organizational values, philosophy, and culture in Applied Strategic Planning?
What is the purpose of scanning organizational values, philosophy, and culture in Applied Strategic Planning?
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What is the outcome of selecting strategies to expand or retrench in Applied Strategic Planning?
What is the outcome of selecting strategies to expand or retrench in Applied Strategic Planning?
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What is the role of the plans and operations department in Applied Strategic Planning?
What is the role of the plans and operations department in Applied Strategic Planning?
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What is the benefit of implementing strategies to acquire or divest in Applied Strategic Planning?
What is the benefit of implementing strategies to acquire or divest in Applied Strategic Planning?
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What is the focus of the scanning the environment step in Applied Strategic Planning?
What is the focus of the scanning the environment step in Applied Strategic Planning?
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What is the purpose of monitoring actions, updating conditions, and restarting the cycle in Applied Strategic Planning?
What is the purpose of monitoring actions, updating conditions, and restarting the cycle in Applied Strategic Planning?
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What is the primary driver of an association's strategy?
What is the primary driver of an association's strategy?
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What is the importance of holding periodic meetings during the plan execution phase?
What is the importance of holding periodic meetings during the plan execution phase?
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What is the primary reason for adapting to changes during the plan execution phase?
What is the primary reason for adapting to changes during the plan execution phase?
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How often should associations and their managers review their strategic plans, according to industry experts?
How often should associations and their managers review their strategic plans, according to industry experts?
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What is the primary benefit of using an outside consultant or professional facilitator in strategic planning?
What is the primary benefit of using an outside consultant or professional facilitator in strategic planning?
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What is the consequence of failing to update the strategic plan?
What is the consequence of failing to update the strategic plan?
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Why is it important to review the strategic plan constantly?
Why is it important to review the strategic plan constantly?
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What is the primary purpose of scheduling plan review?
What is the primary purpose of scheduling plan review?
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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.
