unit1: strategic management and planning
DESCRIPTION
Overview of Strategic Management and PlanningTRANSCRIPT
Strategic Planning Strategic Planning and Management and Management
PGDP51PGDP5144
AdminAdmin
• eFundi?eFundi?
• Penzu?Penzu?
• ACDS user accountACDS user account
• Office hours - please Office hours - please make appointment with make appointment with Suna Meyer (Suna Meyer ([email protected]@nwu.ac.za))
• SASDiR.orgSASDiR.org
Study materialStudy material
• Study GuideStudy Guide
• Prescribed bookPrescribed book
ROSSOUW, D., LE ROUX, S.J., ROSSOUW, D., LE ROUX, S.J.,
GROENEWALD, D. & KRUGER, S. (ed). GROENEWALD, D. & KRUGER, S. (ed).
2003. 2003. Strategic Management: An Applied Strategic Management: An Applied
South African Perspective. South African Perspective. Claremont: Claremont:
New Africa Books. (or newer edition).New Africa Books. (or newer edition).
Evaluation and Evaluation and assessmentassessment
• Participation mark = 25%Participation mark = 25%
• Assignments = 25%Assignments = 25%
• Examination = 50%Examination = 50%
• Sub minimum = 40%Sub minimum = 40%
Module outcomesModule outcomes
•• apply strategic planning apply strategic planning
competencies to designing systems, competencies to designing systems,
policies and strategies for effective policies and strategies for effective
disaster risk management; anddisaster risk management; and
•• apply appropriate systems-apply appropriate systems-
thinking to business, operations, thinking to business, operations,
behavioural, marketing, strategic behavioural, marketing, strategic
and entrepreneurial processes.and entrepreneurial processes.
UnitsUnitsUnit 1: Overview of SMUnit 1: Overview of SM
Unit 2: Environmental scanning Unit 2: Environmental scanning
and analysisand analysis
Unit 3: Scenario based planningUnit 3: Scenario based planning
Unit 4: Internal analysisUnit 4: Internal analysis
Unit 5: Systems theoryUnit 5: Systems theory
Unit 6: Strategic intentUnit 6: Strategic intent
Unit 7: Strategy formulationUnit 7: Strategy formulation
Unit 8: Strategic plans/mapsUnit 8: Strategic plans/maps
Unit 9: DRR and CCA strategiesUnit 9: DRR and CCA strategies
Unit 10: Strategy Unit 10: Strategy
implementationimplementation
Unit 11: Monitoring and Unit 11: Monitoring and
evaluation evaluation
What does it mean to be What does it mean to be “strategic”?“strategic”?
StrategicStrategicFirst used in military terms.First used in military terms.
Literally: “art of generals” [Literally: “art of generals” [strategos]strategos]
““to have a plan to overcome the enemy”to have a plan to overcome the enemy”
identification of long-term main, goals and identification of long-term main, goals and interests;interests;
with the intent on achieving these;with the intent on achieving these;
using a set of “tools”, processes and using a set of “tools”, processes and planning.planning.
What is strategic management What is strategic management then?then?
Strategic Management Strategic Management Management Management tooltool - a means to an end and - a means to an end and not the END itself.not the END itself.
Formulation, implementation and Formulation, implementation and achievement of an organisation’s mission, achievement of an organisation’s mission, vision, aims, strategies, goals, and vision, aims, strategies, goals, and objectives, within dynamic and changing objectives, within dynamic and changing environments.environments.
““Moving” an institution from a Moving” an institution from a “current” to “desired” state.“current” to “desired” state.
Why strategic Why strategic management?management?
Response to internal and external environments Response to internal and external environments (SWOT).(SWOT).
Gives direction.Gives direction.
Focusses energies.Focusses energies.
Provides common aims and objectives.Provides common aims and objectives.
Ensure cost-effectiveness and allocation of Ensure cost-effectiveness and allocation of resources.resources.
Proactive management style.Proactive management style.
http://www.youtube.com/watch?http://www.youtube.com/watch?v=sU3FLxnDv_Av=sU3FLxnDv_A
Strategic management processStrategic management processMission statement (where are we going?)Mission statement (where are we going?)
Where are we now?Where are we now?
Environmental scanning (internal/external)Environmental scanning (internal/external)
SWOT analysisSWOT analysis
Where do we want to be?Where do we want to be?
Long-term strategic objectives.Long-term strategic objectives.
Identify short term goals (SMART).Identify short term goals (SMART).
Implementation at levels of management (operational, Implementation at levels of management (operational, tactical, strategic)tactical, strategic)
Programmes and projects (management)Programmes and projects (management)
Tracking, evaluating, changing, adapting.Tracking, evaluating, changing, adapting.
Learning Journal EntryLearning Journal Entry
Read Chapter 2 of the Read Chapter 2 of the prescribed book.prescribed book.
Formulate a vision and Formulate a vision and mission for an mission for an organisation you are organisation you are familiar with: sports familiar with: sports club, business, school, club, business, school, ice cream vendor, ice cream vendor, website, etc…website, etc…
Due: 12 February 2014Due: 12 February 2014
For next weekFor next weekWork through Unit 2: Environmental scanning and analysis.Work through Unit 2: Environmental scanning and analysis.
READ Chapter 3 and 4 of book (additional reading of Unit 2).READ Chapter 3 and 4 of book (additional reading of Unit 2).
Group discussion class in groups (35 min discussion, 5 min Group discussion class in groups (35 min discussion, 5 min presentation and questions).presentation and questions).
Questions to be answered:Questions to be answered:
What are the different “environments” of environmental What are the different “environments” of environmental scanning?scanning?
What is the role of a SWOT tool and how would you apply it?What is the role of a SWOT tool and how would you apply it?
How does functional and value-chain analysis differ?How does functional and value-chain analysis differ?
How would you typically apply the environmental scanning How would you typically apply the environmental scanning process to disaster risk reduction and climate change process to disaster risk reduction and climate change adaptation? adaptation?