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Major Challenges of Strategic Planning

Major Challenges of Strategic Planning

According to Hill et al. (2014), the formal strategic planning process involves selecting corporate goals and missions, identifying the organization’s threats and opportunities, identifying the strengths and weaknesses, setting strategies that correct weaknesses and build on strengths, and implementing the strategy. Large, complex organizations face various challenges in strategic planning. One of the challenges is aligning the strategy with the organizational structure. According to Kabeyi (2019), implementing a strategy requires an organizational structure that can help the organization meet its needs and overcome challenges. Large organizations have complex organizational structures because of the large number of stakeholders involved in their operations, thus making it hard to get the right strategy to support the organizational structure and meet the stakeholders’ needs. The second challenge is the lack of collaboration among stakeholders. Large and complex organizations such as Apple have many stakeholders with different needs and expectations, thus making it hard to maintain cooperation among them in the strategic planning process. Hire our assignment writing services in case your assignment is devastating you.

According to Rasouli et al. (2020), strategic planning is vital in healthcare because it enables organizations to align operations with patients’ needs (Rasouli et al., 2020). Therefore, it is essential to improve the strategic planning process in the healthcare field to improve healthcare quality. One of the things that can be done to improve strategic planning processes at my organization, Michigan House Senior Living, is to involve all stakeholders in the strategic planning process to get their ideas and opinions on the most effective strategy to meet the organization’s goals and mission. Michigan Senior Living can also improve its strategic planning process by using a strategic planning model. Working systematically toward realizing a vision requires choosing a suitable planning model (Abazov, 2019). Michigan Senior Living can use a planning model such as the Blue Ocean Strategy to create a strategy that can correct its weaknesses and leverage its strengths.

References

Abazov, R. (2019, January 22). How to improve your strategic planning skills. www.forbes.kz. https://forbes.kz/process/expertise/how_to_improve_your_strategic_planning_skills/

Hill, C. W., Jones, G. R., & Schilling, M. A. (2014). Strategic management: Theory & cases: An integrated approach. Cengage Learning Asia Pte Ltd.

Kabeyi, M. J. (2019). Organizational strategic planning, implementation, and evaluation with analysis of challenges and benefits for profit and nonprofit organizations. International Journal of Applied Research, 5(6), 27–32. https://doi.org/10.22271/allresearch.2019.v5.i6a.5870

Rasouli, A., Khoonsari, M., Ashja’ ardalan, S., Saraee, F., & Ahmadi, F. (2020). The importance of strategic planning and management in health: A systematic review Akbar Rasouli. Journal of Health Management and Informatics, 7(1). https://doi.org/http://jhmi.sums.ac.ir

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Question 


Major Challenges of Strategic Planning

Major Challenges of Strategic Planning

In this week’s readings, you were introduced to the main concepts of strategic leadership and planning. In this discussion question, you need to review and explain what the major challenges of strategic planning are for large, complex organizations, such as Apple, Wal-Mart, or Southwest Airlines? What do you think can be done to improve the strategic planning processes in your own organization or field?
For assistance with your research, see the library databases under Malcolm Baldrige School of Business.