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By C. W. Roney

Strategic making plans method is the appliance of strategic administration concept to perform. This booklet is ready the method of strategic administration in motion, and is firmly grounded, in contrast to many works at the topic, in either strategic administration idea and empirical study. this is often what making plans pros and strategic administration students have lengthy sought—a enterprise methodological connection among strategic administration thought and its day-by-day perform in administration. This accomplished reference guide covers such serious concerns because the program of knowledge expertise to making plans; the jobs and duties of assorted events, together with the board of administrators, CEO, COO, line managers, and making plans managers; administrative administration of the making plans approach; integration of close to and long term making plans; review of the firm's exterior surroundings; and the making plans manager's function in company restructuring, together with acquisitions, divestments, mergers, alliances, and joint ventures.

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Additional info for Strategic Management Methodology: Generally Accepted Principles for Practitioners (Guidelines for Strategists)

Sample text

Some versions are intended to support venture financing proposals, while others are used in strategic planning for ongoing operations. Untrained managers and those with limited staffs who need to prepare business plans without professional assistance should find some of these devices to be very helpful. Project Management Systems A major step forward, recently taken by software developers to enhance the state of the planning, art, has been the creation of project management systems that can be operated by non-engineers on personal computers.

Thus, Steiner (1969) coined the term comprehensive planning. 3, is procedurally straightforward. , opportunities and threats in the economy, industry, and markets), managers make selections from alternative goals (success standards) and strategy (the approach to pursuing goals’ attainment and a rationale for its selection). Strategy then is broken into activities instrumental in achieving intermediate performance objectives, perpetual progress review and evaluation procedures are implemented; and replanning steps are taken as needed.

The Promise Delivered: Benefits of Strategic Planning Technology The emergence of electronic strategic planning aids has gone largely (but not entirely) unnoticed in the literature of strategic management (Holloway and Pearce, 1982; Molloy and Schwenk, 1995; Stamen, 1990). Nevertheless, tangible results for practitioners have been abundant. The following paragraphs summarize these results in functional terms. Source: Roney 2002. 2 Strategic Planning Technology: Sources page_76 Page 77 Several types of electronic planning aids will be described later, in the next section of this chapter.

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