Question

Using your organization or one in which you are familiar, describe in a 1,000-word written assignment strategic planning used to make decisions about the organization’s purpose, products, vision, direction, and action plans. Explain how organizational change is impacted through tradeoffs, customer choices, markets, and competitive analysis.

Answer 1

Here is my answer:-

Strategic planning, disciplined effort to produce decisions and actions that shape and guide an organization’s purpose and activities, particularly with regard to the future. Strategic planning is a structured approach to establishing an organization’s direction and to anticipating the future. Through strategic planning, resources are concentrated on a limited number of objectives, thereby helping an organization to focus its efforts, to ensure that its members are working toward the same goals, and to assess and adjust its direction in response to a changing environment.The strategic planning process depends on the nature and needs of the organization and the its immediate external environment.

The strategic planning might be carried out once or even twice a year and done in a very comprehensive and detailed (that is, with attention to mission, vision, values, environmental scan, issues, goals, strategies, objectives, responsibilities, time lines, budgets, etc). On the other hand, if the organization has been around for many years and is in a fairly stable marketplace, then planning might be carried out once a year and only certain parts of the planning process, for example, action planning (objectives, responsibilities, time lines, budgets, etc) are updated each year.

The strategic planning can enable organizations to make better-informed decisions around desired cost discipline and resource allocation.

Developing and implementing a strategic plan must complement the needs of different organizations and industries. Although the concept, process, and deliverables might all look different, the desired outcomes of successful strategic planning are alike. At its core, successful strategic planning includes developing a specific, measurable goal or set of goals that deliver the anticipated results.

Vision, Mission, Objectives, Strategies, and Action Plans is a practical planning process used to help community groups define a vision and develop practical ways to enact change. Vision, mission ,objectives Strategy and plans helps your organization set and achieve short term goals while keeping sight of your long term vision. Implementing this planning process into your group's efforts supports developing a clear mission, building consensus, and grounding your group's dreams.

Organizational changes are those that have a significant impact on the organization as a whole. Today's business environment requires companies to undergo changes almost constantly if they are to remain competitive. Factors such as globalization of markets and rapidly evolving technology force businesses to respond in order to survive. Such changes may be relatively minor—as in the case of installing a new software program—or quite major—as in the case of refocusing an overall marketing strategy, fighting off a hostile takeover, or transforming a company in the face of persistent foreign competition.

The change management is a difficult and expensive task and yet the ability to handle with persuasive demands and developing technologies.The strategic changes that can be used to face organizational change: continuation strategy, routine strategy change, limited strategy change, radical strategy change and organization redirection.

Organisation change is impacted on employees:- Some organizational changes require major restructuring, resulting in sweeping life changes for a number of employees. Typical changes that negatively impact a portion of the employees are salary cuts, loss of benefits, downgrading in job position, job loss or relocation to another city, state or country.

the ability of an organisation to optimise its performance is highly related to its proficiency to change. Organisations adopting a “fast-follower*” strategy can only achieve it if they have a robust and constantly improving change management capability. The source of their competitive advantage is their ability to change faster, better, and with fewer resources than their competitors.

Organisations adopting a “market leader” strategy can only achieve it if they have the ability to detect and actualise new and non-conventional opportunities. These opportunities may demand complex and large-scale change. The source of their competitive advantage is not just moving first, but moving best.

Although other organisations may choose different strategies, it is hard to imagine any strategy that is not dependent on some form of robust change capability to succeed.

Most organizations pay attention to planning and managing technology and process changes but don’t spend near enough time planning for and managing the people side of change. Yet, it’s the people side of change that plays a significant role in the success of any change initiative no matter how big or small the
change initiative.Most studies show that change failure rates range from 60% to 70% and this failure rate has been consistent for a long period of time. Organizations tend to deal with change logically, while people deal with change emotionally as they see any change as going from a known to an unknown future.
The four key activities organizations need to embrace and execute in order to increase the success rate of change initiatives. The four activities are:
1Managing stakeholders
2 Engagement
3 Communication
4 Training

TECHNIQUES FOR MANAGING CHANGE EFFECTIVELY

Managing change effectively requires moving the organization from its current state to a future desired state at minimal cost to the organization. Key steps in that process are:

1. Understanding the current state of the organization. This involves identifying problems the company faces, assigning a level of importance to each one, and assessing the kinds of changes needed to solve the problems.
2. Competently envisioning and laying out the desired future state of the org. This involves picturing the ideal situation for the company after the change is implemented, conveying this vision clearly to everyone involved in the change effort, and designing a means of transition to the new state. An important part of the transition should be maintaining some sort of stability; some things—such as the company's overall mission or key personnel—should remain constant in the midst of turmoil to help reduce people's anxiety.
3. Implementing the change in an orderly manner. This involves managing the transition effectively. It might be helpful to draw up a plan, allocate resources, and appoint a key person to take charge of the change process. The company's leaders should try to generate enthusiasm for the change by sharing their goals and vision and acting as role models. In some cases, it may be useful to try for small victories first in order to pave the way for later successes.

Conclusion:-Everyone has a dream. But the most successful individuals - and community organizations - take that dream and find a way to make it happen. VMOSA helps groups do just that. This strategic planning process helps community groups define their dream, set their goals, define ways to meet those goals, and finally, develop practical ways bring about needed changes.

I tried my best to explain the solution,But I hope that you got the answer so please appreciate the effort by liking it.