SOCI 3630 Lecture Notes - Lecture 41: Swot Analysis
Document Summary
The 6 steps in the strategic planning process: development and examination of mission and vision statements, assessment of the environment, development of strategic goals, development of objectives to accomplish strategic goals, integrated operational planning, evaluation. Strategy: a set of choices, which builds on strengths and positions of the organization for competitive advantage, must identify significant commitment of resources: people, time & money, motivates action toward meeting objectives and continually improving performance. Step 3a) development of strategic goals: these represent the fundamental truths" about what the organization stands for, example for community pharmacy: to implement and enhance the patient focused services provided by our pharmacy. Step 4)strategic objectives to accomplish strategic goals: define how to achieve strategic goals, framework for priorities and resource allocation, could be 3-5 years to accomplish. Step 5) integrated operational planning: how strategies will be implemented, development of action plans".