What is strategic planning and operational planning?
What is strategic planning and operational planning?
Strategic planning focuses on long term objectives, missions, and vision of the organization and the manner in which different departments should work with each other in order to achieve them. Operational planning is focused on planning on the operations of a business unit.
What is strategic planning in government?
Strategic planning is the process by which leaders of an organization, such as a local government, determine what it intends to be in the future and how it will get there.
What is strategic planning in the workplace?
Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s …
What is strategic planning in local government?
Strategic planning in local government refers to the process of identifying the strengths, weaknesses, opportunities and challenges of the municipal administrative organization in order to define its mission and objectives, identify stakeholders and set up strategies that improve the efficiency of the administrative …
What are the steps in operational planning?
5 steps to making an operational plan
- Determine your position.
- Develop your strategy.
- Build your strategic plan.
- Share, monitor, and manage your strategic plan.
What is the relationship between strategic plan and operational plan?
A strategic plan is used to outline company objectives and to identify the methods in which those objectives can be reached. An operational plan is the comprehensive way in which each department or division will use its resources to achieve company goals.
What are the 5 steps in strategic planning?
5 steps of the strategic planning process
- Determine your strategic position.
- Prioritize your objectives.
- Develop a strategic plan.
- Execute and manage your plan.
- Review and revise the plan.
What are examples of strategic planning?
Objectives include baseline performance, targeted performance, and an established date for achieving the objective. Any example of a strategic plan must include objectives, as they are the foundation for planning. In this example, our objective is to increase client satisfaction from 82% to 90% by December 31st.
What is strategic planning give an example?
What is operational plan example?
For example, if a manufacturing company created an operational plan, it might outline a strategy for each of the products it manufactures or for each of the plants it operates. An example of a single-use plan is one that outlines the process of cutting expenditures during the following year.
What should an operational plan include?
Operational plans should contain:
- clear objectives of them.
- activities to be delivered.
- quality standards.
- desired outcomes.
- staffing and resource requirements.
- implementation timetables.
- a process for monitoring progress.
What are the 6 steps in the planning process?
The six steps are:
- Step 1 – Identifying problems and opportunities.
- Step 2 – Inventorying and forecasting conditions.
- Step 3 – Formulating alternative plans.
- Step 4 – Evaluating alternative plans.
- Step 5 – Comparing alternative plans.
- Step 6 – Selecting a plan.
How is strategic planning done in the NHS?
•Strategic priorities will be identified, and strategic plans completed, at this level, and plans will be owned by and signed up to by the whole economy •Health economies will create and own five year strategic plans for their area. These will be completed at Unit of Planning level and need a collaborative approach across local partners
How does support for Strategic and operational planning work?
• To provide locally owned, outcome focused, sustainable plans, developed and co-signed in partnership with the wider health and social care economy that address the challenges identified in a Call to Action • This is a five year strategic planning exercise, within which is a two year operational plan How Any town will support this
Which is the best description of an operational plan?
What Is An Operational Plan? An operational plan (also known as a work plan) is a highly detailed outline of what your department will focus on for the near future—usually the upcoming year. The plan will answer questions – who, what, when, and how much – regarding daily or weekly tasks.
When do strategic plans need to be refreshed?
Key changes are: •Five year strategic plans, within which are two year operating plans • Plans explicit in dealing with the financial gap and risk and mitigation strategies • Plans submitted end March2014, opportunity to refresh years 3 to 5 in June 2014