Strategy and Planning Assignment Help
Strategy and planning management involves the making of decisions to enhance
the outcome after making efficient allocation of resources, which are the people
and the capital of the organization. However excellent the student maybe in theoretical
knowledge but what matters is the innovative ideas, presence of mind and hands on
experience. So to excel in this field these qualities of a student will take her
places. Strategy and planning management spans a large scope and sets the long term
goals of the organization and lays down the foundation for the policies and codes
to be followed by the organization as a whole.
There are various levels at which strategic planning is applied like, business strategies,
corporate strategies, marketing strategy plans, workforce planning, and operations
strategy. Researchers and scholars have even devised various techniques for the
implementation of strategies on a wide range a few of the tools are; The SWOT
analysis, Porter’s Five Force Model, Matrix of Growth share to name a few. Aspirants
for careers as Strategists, Business Performance Analysts or all such careers which
require strategy and planning are the openings for the pupils of this field. All
strategies are individualistic in nature, as no one strategy model can be applied
elsewhere. Strategies change according to the environment- organizational
or geographical, the target market and the opportunities and threats to the business.
Similarly no two assignments can be similar. Students have to be innovative in their
thinking, and care should be taken that the assignment is loaded with original ideas
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and making decisions on allocating the right resources. The organizational strategy
and planning includes people and capital. There are various business analysis techniques
that are used in the process of strategic planning this includes SWOT analysis,
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like to repeat and state that strategic management deals with the initiatives that
are intended to involve the utilization of various resources and enhance the capability
and performance of organizational firms in external or outside environments. This
includes the fulfillment of vision, mission, and objectives of the organization.
Scorecard is used to evaluate and analyze the performance of the business along
with its progress towards achieving the objectives.
It is indicated in the recent studies that the leading management theorists advocate
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