Strategic Planning Approaches: Key Decision-Making Frameworks PPT

This PPT slide, part of the 29-slide Critical Baselines for Effective Strategic Planning PowerPoint presentation, outlines 3 primary approaches to strategic planning, emphasizing the importance of decision-making in the formation of a strategic plan. It highlights that organizations must choose a basis for their strategy, which can significantly impact their overall direction and effectiveness. The 3 approaches listed are Vision & Goal Based Planning, Issues Based Planning, and Integrated Planning.

Vision & Goal Based Planning focuses on aligning the strategic plan with the organization's long-term vision and objectives. This method encourages top management to consider what they aspire to achieve, ensuring that the strategy is not just reactive, but proactive in shaping the future.

Issues Based Planning, on the other hand, emphasizes addressing specific challenges or issues the organization faces. This approach allows management to prioritize and tackle pressing problems, ensuring that the strategy is relevant and responsive to current conditions.

Integrated Planning combines elements from both previous approaches, aiming for a holistic view that incorporates various aspects of the organization and its environment. This method is particularly useful for organizations that need to align multiple departments or functions under a cohesive strategy.

The slide concludes with a reminder that these 3 planning options should be reviewed multiple times, suggesting that strategic planning is not a one-time event, but an ongoing process. This iterative approach allows organizations to adapt and refine their strategies as conditions change, ensuring continued relevance and effectiveness.

This slide is part of the Critical Baselines for Effective Strategic Planning PowerPoint presentation.

This presentation is created by an expert in Strategic Planning, having been involved in the planning sessions of 3M, Gillette, Rubbermaid, Zenith, Sunbeam, and 100s of others. He's been working in Strategic Planning since the 60s.

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