Strategic Planning and Execution

Strategic Planning and Execution in TQM

The vision, mission, and values of the organization need to be enacted through an effective strategic planning and execution cycle. Moreover, this is the only way in which the slightly intangible concepts and promises can be made definite.

strategic planning and execution

The problem that occurs during Planning

However, there are a number of problems that occurs with planning,

  • Firstly, unrealistic goals or predictions.
  • Then, failure to focus on a few critical goals
  • Above all, selecting the wrong goals.
  • And, no shared vision of the organization.
  • Moreover, over-analysis of past data.

Additional barriers to effective planning

  • This can be a particular behavior of managers within organizations. Moreover, these include the failure of management teams to face up to poor business results.
  • And identifying the cause and effect relationships and a failure to agree on the critical measures of success. With a lack of analysis of the organization’s strengths and weaknesses and core abilities.
  • Above all, the single biggest mistake is for businesses to depend on the planning and management of financial outcomes.

Role of Strategic Planning

  • The primary role of strategic planning is to set the right objectives for the business. Moreover, to determine the best means of achieving the objectives and to facilitate effective implementation.
  • After that,  it requires the planners to work in the context of higher-order purposes of the organization, which are usually very specific to its own situation including the needs and desires of the owners and stakeholders.

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