BUSINESS PLANNING - STRATEGY Whether you own a small business or run a big organisation, church, NPO etc, it is critical to ensure that part of your business planning captures clearly the strategic direction you want to take. Strategy models are critical for informed decision. The model we put forward in this section is one which can be adopted in any size or sector of business – it is based on current thinking about the way organisational strategy is developed and enacted, and contains the following elements: PURPOSE – why the organisation exists STRATEGIC INTENT – the strategies the organisation intends to adopt over the next five to ten years VISION – the way the organisation believe its environment will look in the future VALUES – the way the organisation will behave towards others in its environment CRITICAL SUCCESS FACTORS (CFS) – what the organisation has to do right in order to fulfil its strategic intent OBJECTIVES – specific, measurable statements of the results the organisation must achieve FOR MORE INFORMATION, READ FROM E-BYTE 1 TO 11 VIA HRD ONLINE LIBRARIES THROUGH THIS LINK: hrd-online/skg/appfiles/zy6-acad10.cfm?CFID=32709931&CFTOKEN=64506146&l=cw&ecc=vx1539&cbn=10
Posted on: Sat, 02 Nov 2013 09:44:19 +0000
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