NEW Regional Operations GuidelinesStrategic Planning Flow Chart

Strategic Planning Session

Mission

Policies

Objectives

Strategies

Action Plans

Results

“To attract, retain and advance women in the consumer products and retail industry through education, leadership and business development”

•NEW By-Laws•Regional Guidelines

Where are we / have we been?

Internally

What business are we inBase DataStrengths & WeaknessesOrganizationManagement Style

Externally

CompetitionEnvironmental Analysis

EconomicGovernmentTechnologicalSocial

How do we get there?StrategiesAction PlanCONTROL

Where do we want to be?MissionPolicies / BeliefsObjectives

Key Performance Area – Key Results Area (Indices)

Opportunities – Treats

Critical Issues

Planning Implementation Operation

ControlReview, Evaluate

Modify/Add/Delete

Management Circle

80%

20%

20%

80%

All the Rest

Essential Few

Areas of Interest

Results

PARETO’S PRINCIPLE

SWOT Analysis

Strengths Weaknesses

Opportunities Threats

Planning Definitions

• Action Plan – the explicit portion of a given Program which outlines the tasks required to implement that Program, the person responsible for each task, the due date for the completion of each task, and an analysis of the benefits and costs for the specific Action Plan.

• Base Line – An estimate of future performance based upon the continuation of the Current Game Plan expressed quantitatively in terms of each Objective.

• Beliefs – A statement of the organization’s “code of conduct”. Its ethical posture in terms of business relationships.

• Current Game Plan – The strategy (general course of action) pursued over the past three to five years which provided the framework for past planning and decision making.

• Environmental Factors – Those external factors affecting the performance of the organization over which the organization has little or no control (i.e., legislation, social changes, technological changes, etc.).

• Management Style – the actual methods employed by the management group, as a whole, in conducting the operation of the business.

• Mission – a broad statement of the purpose for which the organization exists and the function it performs.

• Objective – a quantitative expression of a desired result.

• Plan – the documented results of planning.

• The formulation of Objectives (the ends) and the development of Programs (the means) to achieve these objectives.

• Planning Gap – the difference between the Base Line projection and the projection of a desired Objective. It is the difference between these two values at any given point in time.

• Policies – Management pronouncements that establish parameters within which the organization accomplishes its Mission.

• Programs – Specific actions designed to contribute to the achievement of an Objective.

• Strategy – A general course of action utilized in achieving an Objective.

• Strengths – Characteristics which enhance the effectiveness of the organization.

• Weaknesses – Characteristics which limit the effectiveness of the organization.