What is the difference between planning and strategy

Assignment Help Operation Management
Reference no: EM132217887

Substantive post- 150 words each

Resources

Kinicki, A., & Williams, B. K. (2016). Management: A practical introduction (7 ed.). New York, NY: McGraw Hill Education.Chapter 5 and 6
Instructions

Develop a response, then post the response as a reply to this discussion starter. Limit your response to 150 to 300 words, demonstrate understanding of and cite the required readings or other credible sources that you apply, and look for opportunities to engage with and learn from others.

#1Scenario 1: Organizational Strategy

Planning starts with understanding our purpose and explaining what we want to become. Kinicki and Williams (2016) state these as the mission and vision of the organization. In this scenario, let's consider fundamental concepts of organizational strategy in this chapter to practices at work by doing the following:

1. Considering the values, mission, goals, and culture at your organization (or an organization with which you are familiar), how are your organizational activities aligned to meet the needs of your customers while also achieving the goals of your organization?

2. Referring to the chapter concepts related to strategy in visionary organizations, what recommendations can you offer to align your organizational strategy to customer needs at a profit to the organization?

#2Scenario 2: Plans

The ability to plan and strategize are fundamental skills for managers. Let's explore some key concepts in planning and strategy that can help us build our competencies and strategic managers.

1. What is the difference between planning and strategy?

2. Comparing the planning processes at your organization to the planning concepts and tools in the course materials, what recommendations can you offer to improve planning practices at your work?

#3Scenario Mission and Vision Statements

I wanted to discuss the concepts of mission and vision statements. In many organizations, they are not accurately written to reflect the goal that you are trying to reach or the audience that is reading it. Often the people that write the mission statement themselves are not committed in the statement they wrote.

If you are trying to change people, motivate people and create creativity, you must believe in the change yourself. Assuming you are already at that stage, think of change management as a way to change your folks into believing in your change.

You must introduce them to the concept and educate them as to why we need it. Then you try to get them accustomed to the change be reinforcing the new environment. Giving people kudos for baby steps, etc. and finally you get them to accept the change.

Thoughts?

#4Watch the "Angie Hicks" video below

Identify 1 to 2 ways Angie Hicks has continued to stick to her original plan even with the continued growth and success of her company.

Reference no: EM132217887

Questions Cloud

What are the types of operating system : What is an operating system? What are its functions? What are the types of operating system?
Determine the companys culture based on your analysis : Evaluate whether the company's actions seem to align with their vision and mission statements.
Benefit from using customer management system : Explain how the marketing function of an organization can benefit from using a customer management (CRM) system.
Discuss about the cornerstone concepts : To complete a comprehensive and current search of relevant articles, books, and other sources related to the subject of human resources/human capital metrics.
What is the difference between planning and strategy : How are your organizational activities aligned to meet the needs of your customers while also achieving the goals of your organization?
Discuss the central issues faced by vodafone : For this assignment, you will need to: analyze and discuss the central issue(s) faced by Vodafone, including the contributing management and technological.
Difference between traditional trading and e-trading : What is the difference between traditional trading and e-trading? The Internet and Quality of Service.
Describe the trends in the non-alcoholic beverage industry : Describe the trends in the non-alcoholic beverage industry, especially the specific type of beverage category you have chosen.
What other issues can you think of : Many companies have dress codes that require men to wear suits and women to wear dresses. Is this discriminatory according to disparate treatment theory? Why?

Reviews

Write a Review

Operation Management Questions & Answers

  Utility function for consumption in the two states of nature

Sidewalk Sam, from the previous problem, has the utility function for consumption in the two states of nature where cs is the dollar value of his consumption if it shines, cr is the dollar value of his consumption if it rains, and π is the probabilit..

  Transportation when he applied for promotion to dispatcher

Paul Martin had worked 12 years for the Department of Transportation when he applied for a promotion to dispatcher. Martin scored 75 on an interview test. Betty Palmer, another candidate, scored 73 and got the job. Martin sued the county for reverse ..

  Corporate culture and organisational culture

Discuss the relationship between "corporate culture" and "organisational culture" in the process of managing strategic change.

  Re-invest finances and amount to enhance patient services

Discuss two (2) specific ways in which you would re-invest finances and the amount to enhance patient services.

  How would communicating more skillfully help you

What specifically do they do to project their professional presence? How have the techniques they use to communicate helped them accomplish their goals?

  Explain three practical lessons about effective e-leadership

Define the term e-business, and explain at least three practical lessons about effective e-leadership in a virtual organization.

  Focus on cultural and behavioral components of these teams

When we think of teams, many of us think of sports teams. Studies have found that elements taken from such sports teams as soccer, football, and baseball can be applied to successful work place teams. Focus on the cultural and behavioral components o..

  Correct conventions of standard american english

Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

  About a business ethics

Write a three paragraphs or one page current event about a business ethics.

  In what way is emirates business strategy unsustainable

In what way is Emirates business strategy unsustainable? How a good manager should manage his/her time in a busy schedule?

  Portfolio management-different investment decision

Portfolio management: how would you apply what you learned to your own portfolio? Knowing what you know now would you have made a different investment decision?

  Explain why the event is consistent with the theory

Term structure of interest rates. Explain why the event is consistent with the theory you nbelieve it matches.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd