Strategic Plan Presentation

Sample Solution

  This presentation will discuss the importance of strategic planning, the impact of globalization, the inclusion of an organization's infrastructure in strategic planning, assessing organizational deficiencies based on gap analysis, determining the effectiveness of strategic planning, and justifying the inclusion of risk management in strategic planning. The presentation will also provide a corporate governance framework for a business and outline how the business can reorganize and survive during an economic downturn.

Full Answer Section

  The Importance of Strategic Planning Strategic planning is the process of setting long-term goals for an organization and developing a plan to achieve those goals. Strategic planning is important because it helps organizations to:

• Stay focused on their goals
• Make better decisions
• Allocate resources more effectively
• Respond to change more effectively

The Impact of Globalization Globalization is the process of increasing interconnectedness between countries and cultures. Globalization has had a significant impact on organizations, as it has made it easier for organizations to do business internationally. However, globalization has also created new challenges for organizations, as they must now compete with businesses from all over the world. The Inclusion of an Organization's Infrastructure in Strategic Planning An organization's infrastructure is the underlying framework that supports the organization's operations. This includes things like the organization's IT systems, its physical facilities, and its human resources. The inclusion of an organization's infrastructure in strategic planning is important because it helps the organization to ensure that its infrastructure is aligned with its strategic goals. Assessing Organizational Deficiencies Based on Gap Analysis Gap analysis is a tool that can be used to assess organizational deficiencies. Gap analysis involves comparing the organization's current state to its desired state. The difference between the two states is the gap. Gap analysis can be used to identify areas where the organization needs to improve. Determining the Effectiveness of Strategic Planning The effectiveness of strategic planning can be determined by evaluating the organization's progress towards its goals. This can be done by tracking the organization's performance against its goals. If the organization is not making progress towards its goals, then the strategic plan may need to be revised. The Inclusion of Risk Management in Strategic Planning Risk management is the process of identifying, assessing, and managing risks. Risk management is important because it helps organizations to minimize the impact of risks on their operations. The inclusion of risk management in strategic planning is important because it helps the organization to ensure that its strategic goals are achievable. Corporate Governance Framework A corporate governance framework is a set of rules and procedures that govern the way an organization is managed. A corporate governance framework is important because it helps to ensure that the organization is managed in a responsible and ethical manner. Reorganizing and Surviving During an Economic Downturn An economic downturn is a period of economic decline. During an economic downturn, businesses may face challenges such as decreased demand, increased competition, and higher costs. To survive an economic downturn, businesses may need to reorganize their operations. This may involve reducing costs, changing their product mix, or entering new markets. Conclusion Strategic planning is an important tool that can help organizations to achieve their goals. By following the steps in this presentation, organizations can develop a strategic plan that will help them to survive and thrive during an economic downturn. PowerPoint Presentation The PowerPoint presentation is attached as a separate file. The presentation includes speaker notes and voiceover narration. The presentation outlines how the business can reorganize and survive during an economic downturn. The presentation also includes a corporate governance framework for the business.