Strategic Planning and Management Development
Throughout the business industry the people who are most associated with the business
process has found strategic planning and management development requires constant
shifting back and forth between long-run and short-run thinking (Dess and Miller, 5).
Planning is a business process that involves one or more people (depending on the type
business) whom decide where the business objectives lie and how to initially accomplish
them over a period of time. Strategic management development is a business process that
also involves one or more people (again depending on the type of business). This particular
process essentially allows the application of the basic planning process at the highest levels
of the organization (Rue and Byars, 100). In applying strategic management development,
the long-run direction of a business can be established, because developing strategy helps
outline the management process.
Planning enables a manager or an organization to actively affect rather than passively
accept the future (Rue and Byars, 95). A business with a direct sense of direction
essentially commits to making it happen, in turn making the business more capable of
having an impact throughout the business industry during its future. It is extremely
important for a business to have a direct sense of direction, because without it it is much
more likely to sit back, let things happen, and then react to those happenings in a crisis
mode (Rue and Byars, 95). A business that is consistently strategically planning will not sit
back, let things happen, and then react to those happening in a crisis mode. This is because
most businesses view their business strategic planning process to be successful not as a
single plan, but as a system consisting of management plans and decisions (Vaghefi and
Huellmantel, 10) that constantly stays active.
One has to realize too formal planning is the first step into developing strategy throughout
one management process. In order for effective planning and strategy development to take
place, the planning process has to essentially come first and continue to be a process
throughout the strategy development stages as well as the strategic management process.
Planning is a process that has to be continual in the sense that it is not realistic for someone
being able to logically plan for everything that comes along. There is literally nothing that
initially separates these two processes, because one cannot effectively be complete without
the other. Although, strategic plans address the most important decisions the organization
must make; yet, they are the least systematized of all managerial decisions (Vaghefi and
Huellmantel, 10). By using the concept of planning first, then taking in account those
plans, strategy development can effectively be applied to one management process to see
how short-term and long-term essential interactions (goals and objectives) within a
business will be achieved.
One might still be thinking though, Why does a business take the time to actually sit down
and strategically plan? To be more specific, an organization management process cannot