Strategic Analysis and Planning PDF

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BestKnownKangaroo4332

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East Villaflores National High School

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strategic analysis strategic planning business analysis management

Summary

This document discusses strategic analysis and planning, outlining five essential components: committed people, long-term strategic objectives, strategic alternatives, evaluation and choice of strategies, and monitoring of strategy implementation. It also presents a model used in decision-making and emphasizes the relevance of SWOT analysis in addressing personal issues as a student. The document explores the concepts of different methods of strategic analysis and intuitive thinking involved.

Full Transcript

TRENDS, NETWORKS, AND CRITICAL THINKING IN THE 21ST CENTURY Strategic Analysis And Planning KTO12LRM MOST ESSENTIAL LEARNING COMPETENCY: Apply strategic analysis. HUMSS_MCT12-Ic-e-3 KTO12LRM According to Urgel, E (2017), Strategic analysis and planning ha...

TRENDS, NETWORKS, AND CRITICAL THINKING IN THE 21ST CENTURY Strategic Analysis And Planning KTO12LRM MOST ESSENTIAL LEARNING COMPETENCY: Apply strategic analysis. HUMSS_MCT12-Ic-e-3 KTO12LRM According to Urgel, E (2017), Strategic analysis and planning have five essential components. These components are the following: 1. Committed people. The initial step in strategic planning is getting the right people at the right time. They are essential in effectively carrying out a strategy. These people comprise the management staff, officers, and stakeholders. They are also called engagers. KTO12LRM According to Urgel, E (2017), Strategic analysis and planning have five essential components. These components are the following: 2. Long-term strategic objectives. The objectives are poised to enhance the organizations performance. There is need to identify the beneficiaries in the operation who will receive the benefit from the gains brought by improved efficiency in the operations and delivery of services of the organization. The people involved in setting the objectives are referred to as aimers. KTO12LRM According to Urgel, E (2017), Strategic analysis and planning have five essential components. These components are the following: 3. Strategic alternatives. The planning team should be able derive options from brainstorming and SWOT Analysis. These alternatives may be of higher quality than the current strategy or may enable the organization to respond with the ease, speed, and effectiveness when changes occur in the environment. KTO12LRM According to Urgel, E (2017), Strategic analysis and planning have five essential components. These components are the following: 4.Evaluation and choice of strategies. The process of formulating a strategy which involves evaluating and picking out which strategies could facilitate the attainment of long-term improvements. It should include all those revealed by Strength, Weakness, Opportunities and Threats (SWOT) analysis of the organization. From the evaluation of alternative strategies, options which are superior to the current approach may be found, and change for organization’s improvement can be undertaken. Those who participate in searching for and selecting strategic alternatives are called option generators. KTO12LRM According to Urgel, E (2017), Strategic analysis and planning have five essential components. These components are the following: 5. Monitoring of strategy implementation. There should be a plan for formal and regular reporting and other measures of plan implementation. These will enable the organization to know whether or not the plan is carried out properly and the objectives are met. The monitoring system should provide ample room for correction when improper implementation of the strategies is observed and when objectives are not being met. Strategizers are those who implement and monitor strategy. KTO12LRM CONTENT Different Methods of Strategic Analysis KTO12LRM Strategic analysis model used in decision- making follows five steps (Arzadon, 2018) 1. 2. Identify Analyze the the problem problem 5. Reflect 3. on the Generate outcomes a solution 4. Implemen t KTO12LRM the solution 5 minutes Strategic analysis model used in decision- making follows five steps(Arzadon, 2018) STEPS EXPLANATION 1. Identify Involves defining the problem and the factors or conditions involved in the situation 2. Analyze Examining the variables that will change state situations, including the potential challenges and its causes 3. Generate Setting practical, reasonable, and creative criteria and strategies to solve the problem 4. Implement Execution of the plan 5. Assess KTO12LRM and Draw lessons that will guide future decisions reflect on the 5 minutes SWOT ANALYSIS Another focus of this lesson is for you to engage in decision-making activities that will allow you to apply decision making methods. Strategic analysis is relevant in addressing your personal issues as a student. It means that you can also analyze your own strengths, weaknesses, opportunities, and threats in order to make creative strategies or solutions in facing life challenges. KTO12LRM SWOT ANALYSIS In practice, a personal SWOT (Strengths, Weaknesses, Opportunities, Threat/s) will help you understand your personal issues and goals as well as construct effective ways in dealing with both. This is illustrated through the personal SWOT analysis shown on the next page, which presents that of a student who wishes to finish high school with good grades. KTO12LRM SWOT ANALYSIS Weaknesses Strengths 1. What limits or hinders you in getting good 1. What values, skills, and abilities do you grades? possess? 2. How can your limitations deter from 2. How can you use these to get good grades? achieving your goal? 3. What learning strategies do you need to develop in order to achieve your goal? Personal SWOT Analysis Diagram Opportunities Threat/s 1. What social and cultural factors can help What obstacles might limit and stop you from you attain and sustain your goal? pursuing your goal? 2. Who can help you in pursuing your goal? KTO12LRM KTO12LRM Components Intuitive Thinking The components of intuitive thinking differ from those of strategic analysis and planning. According to Amy Baylor (1997), there are three components of intuition and intuitive thinking: immediacy, sensing relationship, and reason. KTO12LRM Components Intuitive Thinking 1. Immediacy. This refers to the timing in intuitive thinking. The time involved in intuitive thinking is quick where decisions, actions, and solutions come up fast without planning or deliberation. Baylor quotes George Mandler (1995), named it as “mind popping” when thoughts, ideas, and solutions come to mind non-deliberately. KTO12LRM Components Intuitive Thinking 2. Sensing Relationship. This refers to the establishment or formulation of connections among ideas. This is basic in intuition. The establishment of connection is necessary is associated with a person’s knowledge. KTO12LRM Components Intuitive Thinking 3. Reason. It deals with intuition which involves certain type of reasoning. KTO12LRM The table below shows the differences between strategic thinking and intuitive thinking based on Urgel, E. (2017) Element Strategic Analysis Intuitive Thinking Logic Logical mind needed Logical mind not needed Reason Starts from an idea or concept and Focuses on the idea or moves on to what can be associated concept and its attributes with Center Brain-centered Heart-centered Basis Hard facts, data, instruction Hunch, instinct, gut feeling Time Needs time to finish in one or more Spontaneous, quick, finished sittings or sessions at one time Tools SWOT, PEST and other analytical Experiences KTO12LRM tools Planning Well-planned unplanned Discovery of Non-Intuitive Things There are three ways of discovering non- intuitive things. The following are as follows: KTO12LRM Discovery of Non-Intuitive Things 1. Gaining more experience. Experience is a great teacher. More experiences you have the easier it is for you to see the similarities between new ideas and previous learning. KTO12LRM Discovery of Non-Intuitive Things 2. Experimentation. Experimentation can help you uncover inconsistencies. Tinkering is a great way to discover something that isn’t consistent with what you thought. KTO12LRM Discovery of Non-Intuitive Things 3. Learn by reading, studying & teaching and learning process with your mentors. The more you build your foundation, the more you learn about the nuances, differences and subtleties of a wide array of mysteries. Then, intuitive thinking and non-intuitive thinking become easier in the real life context. KTO12LRM

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