Podcast
Questions and Answers
Which aspect is NOT typically encompassed within the scope of strategic administration?
Which aspect is NOT typically encompassed within the scope of strategic administration?
- Formulating strategies
- Analyzing the external and internal environment
- Day-to-day operational tasks (correct)
- Maintaining the company as a whole within its environment
When implementing strategic planning, what is the initial consideration for a company?
When implementing strategic planning, what is the initial consideration for a company?
- How quickly changes can be implemented
- Factors that are taken into account in the macro environment (correct)
- The external orientation of environmental factors
- The impact of globalization on its competitive strategies
How does strategic planning primarily benefit an organization, based on the information provided?
How does strategic planning primarily benefit an organization, based on the information provided?
- By strictly adhering to a pre-set path regardless of market changes
- By isolating the organization from external influences to maintain internal focus
- By prioritizing short-term gains over long-term sustainability
- By unifying, integrating, and giving coherence to the decisions it makes (correct)
What is the role of strategic objectives within an organization's broader planning framework?
What is the role of strategic objectives within an organization's broader planning framework?
What role does strategic planning play in guiding a company?
What role does strategic planning play in guiding a company?
Which of the following best describes the purpose of strategic activities, as highlighted?
Which of the following best describes the purpose of strategic activities, as highlighted?
According to the document, what is the typical timeframe for strategic planning?
According to the document, what is the typical timeframe for strategic planning?
In strategic planning, what does the acronym PND refer to?
In strategic planning, what does the acronym PND refer to?
During which phase of strategic planning should a company define its mission, vision, and objectives?
During which phase of strategic planning should a company define its mission, vision, and objectives?
Which of the following is an example of an opportunity within a SWOT analysis?
Which of the following is an example of an opportunity within a SWOT analysis?
Within a SWOT analysis, what does the 'threats' component primarily address?
Within a SWOT analysis, what does the 'threats' component primarily address?
In a SWOT analysis, what does the 'strengths' component refer to?
In a SWOT analysis, what does the 'strengths' component refer to?
What does the 'weaknesses' component of a SWOT analysis generally include?
What does the 'weaknesses' component of a SWOT analysis generally include?
What must a strategy have to be successfully implemented, according to the document?
What must a strategy have to be successfully implemented, according to the document?
What elements are encompassed within the organizational requirements for successful strategy implementation?
What elements are encompassed within the organizational requirements for successful strategy implementation?
After implementing a strategy, what is the function of strategic control within an organization?
After implementing a strategy, what is the function of strategic control within an organization?
In today's rapidly evolving business environment, what approach should companies take toward strategic planning?
In today's rapidly evolving business environment, what approach should companies take toward strategic planning?
In the context of food safety, as it relates to HACCP, what is the definition of 'Inocuidad Alimentaria'?
In the context of food safety, as it relates to HACCP, what is the definition of 'Inocuidad Alimentaria'?
According to the information, what is the aim of HACCP (Hazard Analysis and Critical Control Points)?
According to the information, what is the aim of HACCP (Hazard Analysis and Critical Control Points)?
According to the HACCP, what happens if a food does not provoke any harm?
According to the HACCP, what happens if a food does not provoke any harm?
Flashcards
Strategic Planning
Strategic Planning
A long-term process dedicated to maintaining a company by analyzing its external and internal environment, formulating strategies, and implementing controls.
External Orientation
External Orientation
External conditions or influences that can impact the organization's strategy and operations.
Strategic Objectives
Strategic Objectives
Unify, integrate, and coherence in activities to achieve goals, guiding decision-making with external focus.
Strategy Definition
Strategy Definition
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Levels of Planning
Levels of Planning
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Strategic Plan
Strategic Plan
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Opportunities
Opportunities
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Threats
Threats
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Strengths
Strengths
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Weaknesses
Weaknesses
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Strategical Control
Strategical Control
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HACCP
HACCP
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Food Security
Food Security
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Food Innocuity
Food Innocuity
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Food Hazard
Food Hazard
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Benefits of Implementing HACCP
Benefits of Implementing HACCP
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Study Notes
- Strategic Planning is a long-term process.
- It's the continuous, systematic, and strategic administrative process dedicated to maintaining the company as a whole in its environment.
- Its development involves analyzing the external and internal environment, formulating strategies, and their implementation and control.
Factors to Consider (Macro Environment)
- Globalization should be considered.
- International competition needs to be taken into account.
- Fluctuations in the exchange rate can have an impact.
- Insecurity needs to be considered.
- Has a strong external orientation, focusing on environmental factors.
- Strategic planning is a set of elements that unify, integrate, and give coherence to decisions.
- This includes external guidance, assuming substantial premises of the organization.
Strategic Objectives
- These include short, medium and long term goals.
- They are focused on the permanence of the company.
- They includes sales targets.
- Strategy involves identifying the set of activities that allow a company to establish a sustainable difference in the market.
- This difference must arise from the activities that distinguish it, as well as how they are carried out.
Planning Levels
- Strategic Planning (LP): 5 years, long term.
- Tactical Planning (MP): 2-3 years, medium term.
- Operational Planning (CP): 1 year, short term.
Strategic Plan Stages
- The strategic plan consists of 6 stages.
- 1st Stage (PND): National Development Plan, which includes government commitments.
- Establish the mission, vision, and objectives to guide the company's desired path.
Stage 2
- Analyze opportunities and threats.
Opportunities
- These are external aspects of the organization that can turn into advantages.
- Examples include market growth, export opportunities, incentives, and credit facilities.
Threats
- These are environmental forces that represent negative and potentially harmful factors.
- Examples include competition, substitutes, import restrictions, and taxes.
Stage 3
- Conduct an analysis of internal strengths and weaknesses.
Strengths
- These are functions, skills, and favorable resources.
- Quality.
- Economies of scale.
- Trained personnel.
- Innovation.
- Entrepreneurial philosophy.
- Customer service.
Weaknesses
- These are inefficient activities that hinder proper functioning.
- High production costs.
- Resistance to change.
- Lack of planning.
- Lack of training.
- Obsolete technology.
Stage 4
- Conduct a SWOT analysis and formulate strategies.
- The analysis lists external opportunities and threats, and internal strengths and weaknesses.
- It also looks at strategic options, such as maximizing strengths while minimizing weaknesses and threats.
Stage 5
- Implement the strategy.
- The strategy should have the support of the organizational structure, technology, resources, information systems, organizational culture, and leadership.
- In general, the implementation includes 3 stages: Introduction, Development, and Consolidation.
Stage 6
- Strategic Control needs to be implemented.
- This involves developing a strategic control system to support managers in evaluating the progress of the organization in respect to its strategy.
- The system should also permit correcting deviations when they arise.
- Implementation of a strategic plan is necessary for managers and members of an organization.
- Applying this methodology should contemplate adapting it to the needs of each company.
- There is no magic formula for success applicable to all organizations.
- To be successful, strategic plans need to be: Specific, Measurable, Achievable, Relevant, and Time-bound (SMART).
- Strategic Control Event is March 28.
- Topic: Strategic Administration - HACCP.
- Analyzing points and identifying critical control points (APPCC - HACCP).
Food Safety
- Definition: It is a proactive system of food control whose main objective is to guarantee food safety.
- Security is not delegated in the producer.
- Examples include Macerated Cherries.
- Innocuous (Incuo) = does not damage.
- Food safety: It's the guarantee that food does not harm the consumer, provided of agreement to the use to be destined for.
- Hazard: (biological, physical, chemical).
- Agent of biological, physical or chemical nature or condition of the food that is potentially capable of causing damage to the consumer's health.
Background Checks
- 1950: T-Q.M. Dr. Deming, created fabrication, quality &
- He avoids unnecessary expenses, reduces costs in production, and materials.
- 1960: Pillsbury Company; U.S. Army; NASA produced safe food for the space program.
- It takes in count the sources of food could the principal cause of illness in the astronauts.
- The company adopts the HACCP system to reduce errors in the final produce.
Benefits of implementing the (FAO) system
- Increase consumer confidence.
- Ensure food safety.
- Comply with legal requirements.
- Reduce the need for inspection and analysis of finished products.
- Use of resources.
- Cost reduction.
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