final correct repory

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PSG POLYTECHNIC

COLLEGE

DEPARTMENT OF MECHATRONICS

ENGINEERING

MINI PROJECT & ENTERPRENEURSHIP

A Project Report On the Topic

REMOTE CONTROL USING SCREW

JACK


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PRELIMINARY PROJECT REPORT PROFORMA

Name of the Entrepreneur: KUMARASAN.T

Date of Birth: 02/04/1991

Age : 18

Project: remote control using screw jack

Type of Organization-

Proprietary / Partnership: Proprietary

Name of the company: REAL INDIAN PVT.LTD

Address: 3/23 SAKTHI ROAD,

ATHIPALAYAM PIRIVU,

CHINNA VEDAMPATTY,

GANAPATHY (PO),


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COIMBATORE 624 621.

EDUCATION QUALIFICATION:

EDUCATION NAME OF THE

INSTITUTION

% of Marks MONTH AND

YEAR OF

PASSING

SSLC CGM.HR.SEC.SCHOOL 84% 2006-2007

DIPLOMA PSG POLYTECHNIC

COLLGE

81% 2007-2009


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CONTENT:

1. INTROTUCTION

2. MARKET PONTENTIAL

3. BASIC PRESUMPTIONS

4. COMPANY LAYOUTI OFFICE

II STAFF ROOM

III MACHINE

IV ASSEMBLY

5. IMPLEMENTIONS SCHEALDING

6. TYPES OF THINKING

I TECHANICAL

II FINICIAL

III COMPRESIAL

7. TECHANICAL FEASIBILITY ANALYSIS:

8. TECHANICAL ASSPECT


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9. PROCESS OF MANUFACTURING

10.PROCESS OF CONTROL

11.POLLUCTION CONTROL

12.ENERGY CONVERSION

13.FINCIAL ASPCTES

I FIXED CAPTILE

II WORKING CAPTILE

III TOTAL CAPTILE

14.ADDITIONAL INFORMATION

15.SWOT ANALYSIS

16.TYPES OF ANALYAIA


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INTRODUCTION:

A screw jack is a type of jack which is operated byturning a lead

screw. It is also known as a jackscrew, are commonlyused as car-jacks.

It looks like a prop and always has the same function withscaffold.

A screw jack's compressive force is obtained

through the tension

Force applied by its lead screw. An Acme thread is most

often used, as

This thread is very strong and can resist the large loads

imposed on

Most screw jacks while not being dramatically weakened

by wear over

Many rotations. These types are self-locking, which

makes them more

Intrinsically safe than other jack technologies like

hydraulic actuators

Which require continual pressure to remain in a locked

position. Most

Jackscrews are lubricated with grease.
http://www.ruiyangmetalworks.com/product/35-solid-screw-jack-with-base-plate-sj1p-01-ee55/http://www.ruiyangmetalworks.com/category/prop-723-f0f0/1http://www.ruiyangmetalworks.com/http://www.ruiyangmetalworks.com/category/prop-723-f0f0/1http://www.ruiyangmetalworks.com/http://www.ruiyangmetalworks.com/product/35-solid-screw-jack-with-base-plate-sj1p-01-ee55/


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The screw jack is operating in remote. The remote

is function

Automatically lifting and handled object.

MARKET POTENTIAL

We, at remote using screw used in large number ofindustrial

Applications. They are available for all kinds of loads inaccordance with

Your specific requirements. Strong and sturdy materialused in the

Manufacturing process make Worm Gear Screw Jacks

hundred percent

durable and long lasting. People prefer our Screw Jacksthan other

ordinary Translating Screw Jacks available in thecompetitive market.

We can make custom screw jacks for your extremely high load needs.

The advanced manufacturing equipments and assembling

technique ensures the high quality of the products, leading designing


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Concept creates superior products featuring in the strong shock-load

resistance, high duty cycle, low noise, long lifetime and small size.

The sizes of 27, 40, 58, 66, 86, 100, 125, 200 and load Capacityis

1 Kg to 100 tones lifting and the speed 5m/min.

BASIC & PRESUMPTIONS:

The basis for calculation of production capacity has been taken on a single

shift basis on 70% efficiency,The maximum capacity utilization on single shift basis, for 350 days in a

year. During the first year operations, the capacity utilization is 50% and

70% respectively. The production is expected to achieve full capacity utilization

from the third year onwards,

The salaries and wages, cost of raw materials, utilities, rent, etc. are basedon

the prevailing rates in and around Thrissur. These cost factors and material are

likely to vary with time and location,

Interest on term loan and working capital has been taken @ 30% on an

average.

The cost of machinery and equipments refer to a particular make/model and

the prices are approximate,

The break-even point percentage indicated is of full capacity utilization,

The project preparation cost, etc. whenever required could be considered

under the pre-operative expense,

REMOTE SCREW JACK:

MOTOR:


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HYDRALIC JACK:

WEALDING MACHINE:


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ELECTRONIC REMOTE:

MOTOR:

The idea is to use one of the motors to make thepower circuit


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spin around and the parts of the other motor to work as agenerator for

electricity.

The driving motor part is basically untouched. Thespeed of a floppy

disc drive is to slow. Therefore the motor driver need tobe modified to

make the motor turn faster.

Parts of the other motor can be used to build a generator.Using a dc

brushless motor we get three phase current, see. Thethree phases are

rectified with three diodes and the resulting voltage can

be used to

power the pov circuit.

The coils of the generator need to spin with the pov pcb.Therefore the

magnets need to be mounted onto the static pcb of the

motor and the

star with the coils onto the spindle of the motor.


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WORKING OF REMOTE SCREW JACK:

Two kinds of lift tables: multi ball screw jacks lift

table, multi

worm gear screw jacks lift table.

Our Lift Table is different from Hydraulic lift table,

Air bag lift

table, Spring lift table, linear actuator lift table etc. It is of

Positioning

precision, safely self-locking, Heavy duty, Uniform lifting

speed and fully

synchronized. To select single screw jack lift table, or

multi screw jacks

lift tables Lift Table Structural elements: single or multi

screw

jacks, Spiral bevel gearboxes, linking shafts, couplings,

guide pillars. Power


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Source: Hand wheel or Motors Screw Lift Table: Screw

Jack instead of

hydraulic jack, airbag, spring, linear actuator

Screw jacks are used in tables that have

extremely high

capacity requirements or need very precise up/down

control. Because

when hydraulic, pneumatic, or chain systems are

prohibitive choices.

COMPANY LAYOUT:

1. OFFICE

2. STORE ROOM

3. RAW MATERIAL STORE

4. MACHINE

5. EQUIPMENT


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6. ASSEMBLE ROOM

IMPLEMENTATION SCHEDULE

The major activities in the implementation of the project have been listed and

the average time for implementation of the project is estimated at 12 months:

Si no name of the activity period in month(Estimated)

1 Preparation of project report 22 Registration & other formalities 1

3 Sanction of loan by financial institution 1

4 Plant & machinery 2

5 Procurement of raw materials 1

6 Recruitment of technical personnel 2


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7 Trial operation 10month

8 Commercial operation 11month

Note: Many of the above activities shall be initiated concurrently,

When imported equipments are required, the implementation period of theproject may vary from 120months to 13months.

TYPESOFTHETHINKING:

1. Technical feasibility analysis

2. Finical feasibility analysis

3. Commercial feasibility analysis


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TECHANICAL FEASIBILITY ANALYSIS:

1.TECHANICAL

2.RAW MATERIAL

3.MACHINES

4.EQUIPMENTS

5.LAND BUILDING

6.POWER CONVERSION


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7. WATER

1.TECHANICAL:

1. TECHANICAL ASSPECTS

2. PROSS MANUFACTURING

3. POLLUCTION CONTROL

2.RAW MATERIAL:

1. CAST IRON

2. FERROUS3. BOLD

4. NUT

3.MACHINES:

1. DRILLING MACHINE

2. SHAPING MACHINE

3. BORIG MACHINE

4. PUNCHING MACHINE

5. WELLDING MACHINE

4.BUILLDING :

1. LAND COST

2. BUILLDIN COST

1. TECHNICAL ASPECTS

The main part of the remote control screw jack is bold,nut,


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actuator, mechanical components, base plate, iron, motor, etc

The motor is on and remote is operated and automatically

lift heavy metal or moving, handling the object.

It is mostly used for industrial application.

Process of manufacture

The incoming raw material and components are tested for

required quantity and specifications. The manufacturing process

involves electrical. And assembly of mechanical control. We are among

the leading manufacturers, suppliers and exporters of Precision Machine

Components. Manufactured as per the industrial standards, these

Machine Components are widely used in automotive and engineering

industry. We use high grade stainless steel, alloy steel, brass, mild steel,

cast iron, and aluminum, copper and latest technology for the production

of our components. We can provide these Machine Components in


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customized sizes and specifications as per the requirements given by the

clients. It includes chain sprockets, steel screw jack, steel hydraulic

jack, alloy steel couplings, U-Bolts, central bolts, U clamp strip, wheel

spanner, worm wheel gear, etc. and the electronic device remote,

mechanical device motor is tested and fixed.

Finally the all mechanical components is

assemble include

the motor. And electronic devise of remote is attached for

the final

component.

Pollution Control

Government accords utmost importance to control environmental

pollution. The small scale entrepreneurs should have an

environmental friendly attitude and adopt pollution control

measures by process modification and technology substitution.

India having acceded to the Montreal Protocol in September 1992,

the production and use of Ozone Depleting Substances (ODS) like

Chlorofluoro Carbon (CFC), Carbon Tetrachloride, Halons and Methyl


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Chloroform etc. need to be phased out immediately with alternativechemicals/solvents. A notification for detailed rules to regulate ODS

phase out under the environment Protection Act, 1986 have been put in

place with effect from 19th July, 2000.

The following steps are suggested which may help to control pollutionin

electronics industry wherever applicable:

In electronic and mechanical industry fumes and gases are released

during hand wealding/wave soldering/arc soldering, which are harmful

to people as well as environment and the end products.

The mechanical components wastage is produced the

polluction.

The assemble components used in welding in current.

The welding is

Produced the polluction.

Energy Conservation

With the growing energy needs and shortage coupled with rising

energy cost, a greater thrust in energy efficiency in industrial sector has


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been given by the Govt. of India since 1980s. The Energy Conservation

Act, 2001 has been enacted on 18th August, 2001 which provides for

efficient use of energy, its conservation and capacity building of Bureau

of Energy Efficiency created under the Act.

The following steps may help for conservation of electrical energy:

1.Adoption of energy conserving technologies, production aids and

testing facilities.

2.Efficient management of process/manufacturing machineries and

systems, QC and testing equipments for yielding maximum Energy

Conservation,

3.Optimum use of electrical energy for heating during soldering

process can be obtained by using efficient temperature controlled

soldering and disordering stations,

4. Periodical maintenance of motors, compressors, etc.

5. layout of lighting system; timely switching on-off of the

Lights use of compact fluorescent lamps wherever possible etc.

Production Capacity per annum:


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1. Quantity - 70Nos

2. Total value - 9000

3. Power required - 8kva

4. Total material - 3lak

FINANCIAL ASPECTS

A. Fixed Capital

(i) Land and building

Built up area 150 sq. met

Office, stores 40 sq. met

Raw material store 20sq.met

Assembly and testing 120.sq.met

Land cost Rs.12,00,000


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Building construction cost Rs.7,00,000

Total

Rs.17,00,000

(ii) Machinery & Equipments

s.no description

ind/imp

qty/nos value(rs)

1. Drilling machineinD

3 30,000

2 .

grindig machine

2 20,000

3 .

shaping machine

2 20,000

4 .

punching machine

3 20,000


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5 .

welding machine

2

2

50,000

20,000

5. computer and

printer

Total cost

7. office equipment

40,000

8. per operative expenses

20,000

Total cost

B.WORKING CAPITAL

Recurring expenditure per month

i) Staff & Laborsi.no Designation Nos. Salary (Rs.) Total (Rs.)

1 senior Manager 1 14,000 14, 000

2 Manager 1 12,000 12, 000

3 Office Assistant 2 1000 1000


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4 Marketing Executive 2 10,000 10, 000

5 Semi Skilled 6 3000 3000

6 Peon/Watchman 1 2000 2000

7 Skilled worker 10 8000 8000

8 un Skilled Worker 6 4000 4000

ii) Raw material / month

Sl.No. Particulars Ind/Imp Rate/unit(Rs)

1 bold Ind 2,00,00

2 motor Ind 1,00,000

3 nut Ind 40,0004 Battery Ind 20,000

5 Circuits Ind 50,000

6 other components Ind 10,000

Total 4,20,000

iii) Utilities

1 Power Rs.3,5002 Water Rs.500

Total Rs.4,000

iv) Other contingent expenses per month


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1 Stationery, postage & printing Rs.5,000

2 Repair and Maintenance Rs.5,000

3 Traveling and conveyance Rs.10,000

4 Advertising and Publicity Rs.10,000

5 Insurance and Taxes Rs.5,0006 Other Office Expenses, telephone, internet etc Rs.5,000

7 Other Miscellaneous Expenditure Rs.2,000

Total Rs.42,000

V.Total Capital Investment

SI.NO Particulars Rs.

1 Fixed Capital 20,99,600/-

2 Working Capital 8,27,000/-

Total ,26,600/-

D Financial analysis

i)Cost of production/annum

S.NO Cost of production/annum Rs.

1 Cost of production/annum 39,00,000

2Depreciation on machinery & equipment @30%

13,600

3Depreciation on office equipment & furniture@ 20%

6,000


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4 Interest on total capital investment @ 20% 3,56,256

Total Rs 44,52,256

ii)Turnover per annum

S.NO Turnover per annum

1 Quantity(Numbers) 60

2 Total turnover @ Rs 84,200/- 50,52,000

3 Profit per annum(Before taxes) 15,00,172/-

4Net profit ratio = Net profit x 100 / TotalTurnover

13%

iii)Break Even Analysis

SO.NO Fixed cost per annum

1 Depreciation on machinery & equipment @10% 13,600

2Depreciation on office equipment, furniture @20%

6,000


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3 Interest on total capital investment @ 16% 3,56,256

4 40% salary & wages 24,400

540% of other contingent expenses excludingrent and insurance

1,40,000

Total fixed cost Rs 55,92,256

Break-even point = fixed cost x 100 / Fixed cost + netprofit

26%

Additional Information:

The project may be modified/tailored to suit the individual

entrepreneurship qualities/capacity, production programmer and also to

suit the location characteristics, wherever applicable.

The technology in this sector is undergoing rapid strides of charge

and there is a need for regular monitoring of the national and

international technology scenario. The unit, may therefore, keep abreast

with new technologies in order to keep them in pace with the

developments for global competition,

Quality today is not only confined to the product or service alone.

It also extends to the process and environment in which they are

generated. The ISO 9000 defines standards for quality management

system and ISO 14001 defines standards for environmental management

system for acceptability at international level. The unit may therefore

adopt these standards for global competition.


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SWAT ANALYSIS

Though there is an increasing demand for

sourcing components from India, the road ahead is notgoing to be smooth for the domestic companies. With

reduced product lifecycles, new vehicle designs, Indian

companies will be required to manufacture a variety of

components in a very short time. For components

manufacturers, the best way to remain competitive and

improve growth prospects is to be innovative and

increase their R&D budgets. The key to this lies in

product specialisation and their ability to integrate

operations across several related areas of specialisation.

Domestic manufacturers need to increase their

investments in companies in the US and Europe to gocloser to global markets.


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Components manufacturers have to collaborate and

work closely with OEMs that will help them in coming up


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with innovative products that meet their requirements.

Also, domestic components manufacturers need to

educate their suppliers about service benchmarking and

international quality standards.

The way forward for companies would be

through scaling up the value chain, talent transformation

for better use of manpower and close collaboration and

building long-term value relationship with global players.

SWOT analysis was developed by the middle

of the 1960s for large organisations to determine the

strategic fit between an organisation's internal,

distinctive capabilities and external possibilities and to

prioritise actions. SWOT stands for Strengths,

Weaknesses, Opportunities and Threats. In the early

1950s, two professors of business policy at Harvard,

George Albert Smith and C. Roland Christensen, began

questioning whether a firm's strategy matched its

competitive environment.

In 1960, a number of large American

enterprises commissioned a long range study at Stanford

Research Institute to investigate why their long range


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planning efforts where unsuccessful. SRI's

research team -- Marion Dosher, Otis Benepe, Albert

Humphrey, Robert Stewart and Birger Lie -- interviewed

5,000 managers at 1,000 companies over nine years.

They found that the difference between what an

organisation planned to do and what they actually

accomplished was about 35%. The problem was not the

management team's quality of information, but their

ability to reach a committed agreement on constructive

objectives rather than settling for feeble compromises.

Part of the team's methodology to make strategic

decision making more explicit was to determine what the

interviewees found positive and negative about the

present and the future. The team developed SWOT for

this purpose. The SWOT framework was first described in

detail in the late 1960's by Edmund P. Learned, C. Roland

Christiansen, Kenneth Andrews, and William D. Guth in

Business Policy, Text and Cases (Irwin, 1969).


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TYPE OF SWAT ANALYSIS:


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1.STRENGTH:


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those potential factors that make a firm more competitive

than its direct competitors;

2. Weaknesses

both potential limitations and defects ingrained in an

organisation and/or weak factors relative to direct

competitors;

3. Opportunities

future factors that allow the organisation to improve its

relative competitive position;

4. Threats

those future factors that reduce the firm's relative

competitive position.


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The steps in the common three phase SWOT analysis

process are:

Phase 1: Detect strategic issues

1. Identify external issues relevant to the firm's strategic

position in the industry

and the general environment at large with the

understanding that opportunities and

threats are factors that management cannot directly

influence.

2. Identify internal issues relevant to the firm's strategic

position.

3. Analyse and rank the external issues according to

probability and impact.

4. List the key strategic issues factors inside or outside

the organisation that significantly

impact the long-term competitive position in the SWOT

matrix.


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Phase 2: Determine the strategy

5. Identify firm's strategic fit given its internal capabilities

and external environment.

6. Formulate alternative strategies to address key issues.

7. Place the alternative strategies in one of the fourquadrants in the SWOT matrix.

Strategies that combine:

strengths with external opportunities are the most

ideal mix, but require internal understanding how the

internal strengths can support weaknesses in other

areas;

internal weaknesses with opportunities must be

judged on investment effectiveness to determine if

the gain is worth the effort to buy or develop the

internal capability,

internal strengths with external threats demand

knowing the worth of adapting the organisation to

change the threat into opportunity;


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internal weaknesses with threats create an

organisation's worst-case scenario. Radical changes

such as divestment are required.

8. Develop additional strategies for any remaining "blind

spots" in SWOT matrix.

9. Select an appropriate strategy.

Phase 3: Implement and monitor strategy

10. Develop action plan to implement strategy;

11. Assign responsibilities and budgets;

12. Monitor progress;

13. Start review process from beginning.

STRENGTH

Analysis of the strength: Aspects:

He Strength analysis gives the factors which

support the manufacturing of the product.


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It can be simply said that It is the plus points

related which strength up the base for the enterprise.

The following are some of the points which are used for

the Strength analysis:

1.Staff or Labour Availabilit

2.Customer Base

3.Market Position/Demand

4. Financial Resources

5. Sales Channels

6. Quality & Services

7. Profitable

8. Technology Availability.

Staff or Labour Availability:

The production process is done using DRILLING

,WEALDING, SHAPING & other SPECIAL PURPOSE

MACHINES, but there are two choices left for the

production of sub parts used in the assembly of the

machine.


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The first choice is the Sub-contract, which

reduces our work in the purchase of machines & their

maintenance, dealing with labourers etc.

The second choice is the production of the sub

parts by our own. Adopting this choice increases the

work the administrator in looking for new machines and

labour availability.

Profitable:

Whenever there is a good sales report, there will be

a good product. As my product has got demand in the

market & since quality has been assured, there will be

good sales which will led to a good turn over.

Technology Availability:

To produce a product, we should first check out

whether there is enough of technology to produce the

product. As the sub parts of my product can be

manufactured using the existing machines, there is no

problem such as to look for an advanced technology.


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WEAKNESS

The Weakness analysis gives the points in which we

lack. This information can be used to leave off a product

selected or to find out the factors which will later lead us

to failure.

Some of the points can be discussed for bothStrength & Weakness analysis. The following are some of

the points which are used for the Weakness analysis:

1. Staff or Labour Availability

2. Competitive Vulnerability

3. Market Position/Demand

4 .Financial Resources

5. Sales Channels & Poor access to distribution

6. Quality & Services

7. Technology Availability.

Staff or Labour Availability:


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The lack of availability of labour can also lead to a

critical condition. In my product manufacturing, there will

not be such critical condition since there is a availability

of labour.

Competitive Vulnerability:

For a enterprise, whatever may be the product

manufactured, surely there will be competition in the

market. To overcome this problem, the only way is to

gain a lot of customers and to provide a good quality

product.

Market Position/Demand:

If there is no demand for the product, then this point

will be considered as the weakness factor in the

weakness analysis.

Financial Resources:

While planning your product, if there is a financial

crisis, just leave that product and look for a new product.

As far as the financial status is examined, care should be

taken not to put more risk.


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Sales channels & Poor access to distribution:

If there are no proper sales channels for distribution

of product, then there will be a great loss. Provision of

sales channels will give a good comfort to the customers.

Quality & Services:

If the product produced is of inferior quality, then the

particular enterprise cannot stay in the market forever.

Producing a inferior quality will be taken as the weakness

of the enterprise. To avoid this, machines selected for

production should be of good quality.

Service to the customer after & before sales is an

important criteria. Providing a bad service is also

considered as the weakest point of an enterprise.

Technology Availability:

If there is no availability of technology for producing

the product or if the technology is of unaffordable cost,

then it is a weakness of the product selected.

OPPURTUNITIES


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Oppurtunities are nothing but the external

conditions that are helpful in achieving the objective.

Some of the oppurtunities are listed below:

1. New complementary market

2. Strategic Alliance

3. Funding

4. Sales

5. Product/Services

6. Market poised for growth

7. Competition Weaknesses

8. Lower tax rates

New government regulations:

These are the external factors which can be taken as

an oppurtunity by us for the upliftment of the company.

As an eg., the change in government rule (e.g.,

wearing of helmets is compulsory) is an oppurtunity for

the helmet manufacturers.

Similarly lower tax rates also indirectly increases the

profit of the enterprise. The oppurtunities are offered

always, the only thing is that we should grasb it to the

maximum possible.


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THREATS

Threats are the external conditions which could

do damage to the objective.

Some of the Threats are which could make

damage to the enterprise are as follows:

1. Economy

2. Loss of key stuff

3. Lack of financial resources4. Cash Flow

5. New Technology

6. Increased Competitions

7. New government regulations

8. Falling sales

9. Decreasing Profits

10. New distribution channels

11. Advanced Technology.

Economy:

If the economy level falls down, it will be a great

threat to the enterprise.


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Cash Flow:

The cash flow inside a enterprise should be

smooth. The cash should have a circular path. The cash

should recycle properly.

New Technology:

After buying new technology, even more advanced

technology may enter the market. So, the technology

we are buying should be limited and suited for our

purpose.

Increased Competitions:

As mentioned earlier, the only way to sustain in

the market is

toproduce good.


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Quality products. So, competitions are also one of

the major threats.

New government regulations:

The implementation of the new government rules

may cause threats to the enterprise. For eg., a recent

regulation was passed by the government stating that

Plastic covers shouldnt be used. Such type of new

government regulations may cause threats to the

company.

Falling sales:

An introduction of new product or due to bad

servicing, there may be a reduction in sales. Certain

steps should be taken in order to overcome such threats.

Decreasing Profits:


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Due to decreasing sales, there may be a lack in profit

of the enterprise. This type of threats can be overcomed

by selecting a product such that it has a long term

demand so that the sales will not fall.

New distribution channels:

The situations of implementing new distribution

channels may cause a financial threat which has to be

overcome by another possible way.

Use of SWOT Analysis:

The usefulness of SWOT analysis is not limited to

profit-seeking organizations. SWOT analysis may be used

in any decision-making situation when a desired end-

state (objective) has been defined. Examples include:

non-profit organizations, governmental units, and

individuals. SWOT analysis may also be used in pre-crisis

planning and preventive crisis management. SWOT

analysis may also be used in creating a recommendation

during a viability study.
http://en.wikipedia.org/wiki/Non-profit_organizationshttp://en.wikipedia.org/wiki/Crisis_managementhttp://en.wikipedia.org/wiki/Viability_studyhttp://en.wikipedia.org/wiki/Non-profit_organizationshttp://en.wikipedia.org/wiki/Crisis_managementhttp://en.wikipedia.org/wiki/Viability_study


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Corporate planning

As part of the development of strategies and plans to

enable the organization to achieve its objectives, then

that organization will use a systematic/rigorous process

known as corporate planning. SWOT alongside

PEST/PESTLE can be used as a basis for the analysis of

business and environmental factors.

Set objectives defining what the organization

is going to do

Environmental scanning

Internal appraisals of the organization's

SWOT, this needs to include an assessment

of the present situation as well as a portfolio

of products/services and an analysis of the

product/service life cycle

Analysis of existing strategies, this should

determine relevance from the results of an

internal/external appraisal. This may include gap

analysis which will look at environmental factors

Strategic Issues defined key factors in the

development of a corporate plan which needs to

be addressed by the organization
http://en.wikipedia.org/w/index.php?title=Corporate_planning&action=edit&redlink=1http://en.wikipedia.org/wiki/PESThttp://en.wikipedia.org/wiki/PESTLEhttp://en.wikipedia.org/wiki/Gap_analysishttp://en.wikipedia.org/wiki/Gap_analysishttp://en.wikipedia.org/w/index.php?title=Corporate_planning&action=edit&redlink=1http://en.wikipedia.org/wiki/PESThttp://en.wikipedia.org/wiki/PESTLEhttp://en.wikipedia.org/wiki/Gap_analysishttp://en.wikipedia.org/wiki/Gap_analysis


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Develop new/revised strategies revised

analysis of strategic issues may mean the

objectives need to change

Establish critical success factors the

achievement of objectives and strategy

implementation

Preparation of operational, resource, projects

plans for strategy implementation

Monitoring results mapping against plans,

taking corrective action which may mean

amending objectives/strategies.
http://en.wikipedia.org/wiki/Critical_success_factorhttp://en.wikipedia.org/wiki/Critical_success_factor


51/51

final correct repory

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