strategic planning.natyogachandra,oct,11, 2008
TRANSCRIPT
Nat YogachandraOctober 11, 2008
Strategic Planning
in an era of Globalization
Book Titles
To be published: Globalization and Cultural Competency
www.natyogachandra.blogspot.comwww.hopeislife.orgNat Yogachandra - www.google.com
What is the Nationality
What is the Nationality
The Big THREE factors
China has drove down the cost of manufacturing
Major Retailers are driving down the cost of retailing
India/other developing countries are driving down cost in services - outsourcing
Medical Tourists
Private heart surgery in England is $50,000
The same cost applies to joint replacement, neurosurgery and cancer treatment
Hospitals in Thailand, Singapore, Malaysia, India are competing to get foreign patients
A clinic recently opened in Mumbai
Business Today Business are operated across cultures
today Definition of success now travel
beyond national boundaries Modern business has become more
competitive World on the edge
US financial crisis - running out of options
India, China and Russia gaining power West is losing control - UN
What is a Business Plan
It is the blueprint that sets you going towards your goals. Look upon it as the roadmap that tells you and the world how you expect your company (organisation) to achieve its stated objectives.
A business plan is an important communication tool that details the financial strategy and goals of the organisation.
Planning is about…� Planning is about learning
� Planning is about increasing the possibilities for the organisation
� Planning is about discovering how fit the organisation is for its environment
� Planning is about discovering and telling compelling stories about the future
Value proposition is what an organization does, that will cause their clients to realize tangible benefits through the use of their product or service.
Value proposition is more than just the service you provide; or how you sell, service, or distribute it.
It’s how you string all those components together, to best serve your clients and deliver them real value.
Value proposition can be both a description of how your organization adds value today, and also a concrete statement of your vision for the future.
Value Proposition
Where are we now
How do we know when we get there
Where do we want to go
How do we get there
Basic Business Planning Process
How do we know when we get there
Where are we now
PEST analysisSWOT analysis
Where do we want to go
What needs to be done
(Source: Glasgow Social Economy Partnership)
Scan the external macro-environment
Political Economic Social Technological
PEST Analysis
Political Tax policy employment laws environmental
regulations Political stability
Economic Factors Economic Growth Interest rates Exchange rates Inflation rates
Social Factors Health
consciousness Age distribution Emphasis on safety
Technological Factors Automation Technology incentives Technological change
PEST Analysis
THREATS
OUR STRENGTH OUR WEAKNESS For the past three months, great progress observed (parents response to our communications, quality of program and implementation of our promises) Infrastructure- facilities Great show at the ICSE Board Exam Results in 2006 New members added to the faculty
Rising income for middle class families Government’s willingness to issue more student visas More housing estates in the neighboring area
Fuzzy line of authority Responsibility to individuals – no authority Process & Procedures – implementation is weak Difficulty in sustaining programs Quality of students joined last three months not promising
More schools are coming in the area with similar or better facilities IB is gaining popularity Lack of a unique positioning of our School (except for the location) Positioning of the School – School for students with learning disability or disciplinary problems
OUR OPPORTUNITIES
SWOT analysis
How do we know when we get there
Where are we now
PEST analysisSWOT analysis
Where do we want to go
What needs to be done
Tool Purpose BenefitVision Statement of the Future Motivation and
Inspiration
Mission Describes how you will achieve the vision
Communication and understanding. Part of belonging.
Values An organizations’ way of doing things
Underpins all that you do
Aims Describe a desired end result
Milestones between the present and the future
Where do we want to go
Vision and Mission Statements
A vision statement: what the company wants to be. It concentrates on future; it is a source of inspirations and courage.
A mission statement: tell you what the company is now. It concentrates on present; it defines the customers. The mission statement describes what a foundation plans to do today to make the world a better place for tomorrow.
Vision:
Increase and nurture parent partnerships and collaborations that will strengthen the educational, cultural, economic and environmental assets of the school and the communities we serve.
Strategic AIMS Strategic aims are statements of the results required
in order to ensure the survival, future viability and progress of the organization
They are statements of results and not activities. Strategic Aims have a number of qualities without
which they become vague and unattainable. Therefore good objectives are SMART
S specific M measurable A agreed R realistic T imebound
How do we know when we get there
Where are we now
PEST analysisSWOT analysis
Where do we want to go
What needs to be done
What needs to be done
Word of Mouth, Database, Alumni
Differentiation
Governance
Business model
Product & Services
Branding(personality)
Communication
Customer Loyalty
Team. People make a Difference
Facilities
What Needs to be Done
participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows the rule of law.
How do we know when we get there
Where are we now
PEST analysisSWOT analysis
Where do we want to go
What needs to be done
Tool Purpose BenefitMeasures Provide a graduated
scale for measuring size, quantity or quality
Guide to progress for achievement
Targets A measured level of performance which an organisation can achieve using the resources it possesses
- Stretch- Assist change- Transferrable
Measurement Tools
Gather data on performance against measures
- Delegation- Evidence- Responsiveness
How do we know when we get there?
Targets
Administrators
Parents/Community
Academic Achievement Caring Citizens Life-Long Learner
Common Goal Strong Communications Empowerment
Partnerships Communication Student Expectation
Students
How do we know when we get there
Where are we now
PEST analysisSWOT analysis
Where do we want to go
What needs to be done
Strategic Business Plan Bring All Together
The Strategic Planning Process - A Global ViewResearch - Ext & Internal Environments
Formulate Vision/Mission
Overarching Goals
Strategy Formulation
Strategy Implementation - Tactics
Evaluation & Control
Clarify the need to change
The Process of Organizational Change
Define the vision of the future
Implement the change process
Changing world/Technology Establishing a sense of urgency Understand markets and competitive realities Discussing crises and opportunities
Forming a powerful guiding coalition Creating a clear vision about how the future might be different Communicating the vision
Modeling the new behaviors Creating short-term wins Changing the team Institutionalizing the new behaviors
Thank You