Strategic planning office

A strategic planning process delivers a set of defined initiatives (projects) that achieve a desired set of business goals. The planning process involves a definition of these business goals, an assessment of the resources available for meeting these goals, and the definition of specific plans (initiatives) that are designed to achieve the goals. The process usually incorporates a ranking exercise that identifies the highest priority initiatives.

Changing trends of the business environment injecting the changes to the business landscape. Traditional business environment focus more on framing of a successful Strategic Planning to transform in to a competitive position. Strategic planning goals and planning process will be same for any organization. Strategic planning ensures an organization in attaining the organizational framework. An effective strategic planning creates a framework for enhancing, adapting and support the organizational vision, mission and goals to achieve and rely on the competitive advantage Strategic Planning is an ongoing process consisting of and results in:

Analysis: SWOT analysis examines the internal and external factors of the organization's ability to achieve the organization's mission.

Alternative Development: It is a complete examination of the costs, benefits, and risks associated with strategic planning with ongoing and activities.

Alternative Selection: It identifies the portfolio components as per the timeframe for execution.

Plan Development: Development of strategic plan as per the organization's mission and its long-range and annual business plans.

Strategic planning office:

Strategic planning office plays an important role in managing a business,' said Kim Tae-yong, a Seoul-based business startup consultant. Strategic planning office is mainly responsible for working with the Chairman, Commissioners, Bureaus and Offices in developing a strategic plan and meting the short and long term policy objectives of an organization. As part of its responsibility it involves in the organization budget proposal objectives and plans.Startegic planning office monitors the various industries to identify trends, issues and produces staff working papers. The Office also acts as consultant to the organizations in areas of economic, business and market analysis through Internet. The Office also takes initiative in the review process of legal trends and developments in the areas of intellectual property law, Internet and e-commerce issues.

The main objectives of strategic planning office are:

It assists organization's management policy, strategic planning, and oversight.

Develops complete and integrated planning strategies for organizations.

It coordinates and executes the various organizational strategic issues

Also provides recommendations for the organization's merger and acquisition polices and takeovers.

Guides in adopting the technological strategies.

Helps in preparation of strategic plan reports.

The Office of Strategic Planning plays an important role in identifying new opportunities, and delivers projects in timely manner.

Office of Strategic Planning helps enterprises in framing its mission and goals.

The Executive Team of the office takes the responsibility for managing the day to day operations of Office of Strategic Planning. The Executive Group contains strategic planning Director and Special Assistant to the Director.

The Legal Team of the office provides legal advice to the strategic planning Director and the Board members of associated organizations.

The Marketing Team of the strategic planning office is mainly responsible for developing and implementing the marketing plan for the Office of Strategic Planning and its associated organizations.

Next Article

Banner Ads