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Tools for Strategic Tools for Strategic Planning Planning New Tools for New Tools for Strategic Planning Strategic Planning Chapter 7 Case Chapter 7 Case Analysis and Analysis and Planning Planning T. A. Sgritta University of North Carolina at Charlotte

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Page 1: Tools for Strategic Planning New Tools for Strategic Planning

Tools for Strategic Tools for Strategic PlanningPlanning

New Tools for Strategic New Tools for Strategic Planning Chapter 7 Case Planning Chapter 7 Case Analysis and PlanningAnalysis and Planning

T. A. Sgritta

University of North Carolina at Charlotte

Page 2: Tools for Strategic Planning New Tools for Strategic Planning

Tools for Strategic Tools for Strategic PlanningPlanning

SWOT Analysis

• Strengths

• Weaknesses

• Opportunities

• Threats

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Tools for Strategic Tools for Strategic PlanningPlanning

Strengths

-Unique and valuable assets that, alone or in combination with others, are or can become competitive advantages.

Page 4: Tools for Strategic Planning New Tools for Strategic Planning

Tools for Strategic Tools for Strategic PlanningPlanning

Strengths – Keys to Success

 

Page 5: Tools for Strategic Planning New Tools for Strategic Planning

Tools for Strategic Tools for Strategic PlanningPlanning

Opportunities

• Unfilled needs, existing or potential, for one or more or a combination of our strengths

Page 6: Tools for Strategic Planning New Tools for Strategic Planning

Tools for Strategic Tools for Strategic PlanningPlanningPublishing Opportunities

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Tools for Strategic Tools for Strategic PlanningPlanning

Weaknesses & Threats

Weaknesses (internal) and Threats (external) are impediments to performing the mission or matching strengths with opportunities. These tangible or intangible issues must be must be resolved.

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Focusing Keys to Business Plans

• Mission – include the three elements!– Mandatory - why?

• Objective (of current case strategy)– Optional, but could be important – why?

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Action Plan Development

• Take advantage of opportunities

• Shore up weaknesses

• Protect against threats (if possible)

• Insure durable/growing strenghts

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Tools for Strategic Tools for Strategic PlanningPlanning

Action Plans

– Who (the name of the person responsible for the specific action. Use title ONLY if the person’s name is not available)

– Does what (measurable goal)– When (completion date)– How (basic methodology and/or resources to be

used)

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Our Strategy is to:

• Build on our strengths

• Take advantage of opportunities• Shore up our weaknesses (but only those that

limit the marriage of strengths and opportunities)

• Protect us against threats

• Position ourselves vs. competitors

• Improve ourselves for the future

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One Page Case Analysis

Student Name, Class/Section, Case Name, Date

• Mission Statement (sentence)

• SWOT Analysis (bullet or sentence format)

• Objective of Strategy (key current need)

• Action Plans (table or sentence form)

Who (name) What (goal) When How

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Creativity