Management Principles Report: Strategic Planning Analysis and Review

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This report provides an analysis of strategic planning principles, drawing insights from several journal articles. The report examines the effectiveness of strategic planning in public higher education, highlighting the continuous changes and challenges universities face in adapting to market demands. It further explores the relationship between strategic planning, planning flexibility, and innovativeness, and their impact on firm performance. The report also delves into the systems thinking approach to strategic management, emphasizing the need for organizations to adapt quickly to changing market conditions. Additionally, it discusses the strategic management of healthcare organizations and the challenges they face in keeping up with evolving patient needs. Finally, the report analyzes the failure of e-learning analytics to inform strategic plans due to changing market dynamics. The report concludes by emphasizing the importance of adaptability and responsiveness in strategic planning across various sectors.
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Running head: MANAGEMENT PRINCIPLES
Management Principles
Name of the Student:
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Table of Contents
Article 1...........................................................................................................................................2
Article 2...........................................................................................................................................2
Article 3...........................................................................................................................................3
Article 4...........................................................................................................................................3
Article 5...........................................................................................................................................4
References........................................................................................................................................5
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2MANAGEMENT PRINCIPLES
Article 1
Strategic Planning In Public Higher Education: Management Tool or Publicity Platform
The article highlights a thorough research analysis of strategic plans of eight universities
in a state. The journal article emphasizes on the effectiveness of strategic management in those
universities over a period. It has been seen that the universities have been continuously changing
the strategic planning in terms of education and attracting new students. This is because the rate
of change is comparatively higher than before. By the time, the strategic plan is developed and
implemented, a new strategy is required. This is because of the continuous rate of change
depending on the present market scenario of the individual sectors. Therefore, it has been
concluded in the journal that strategic planning not considered the end of improvement, as with
time organizations demand new survival, business and operational strategies (Gordon and
Fischer 2015).
Article 2
Linking the formal strategic planning process, planning flexibility, and innovativeness to
firm performance
This journal article highlights the relationship between the processes of strategic planning
with planning flexibility and innovativeness in terms of the performance of the firm. According
to the study, strategy planning is developed by business organizations in order to conduct the
business operations and planning flexible. Accurate strategic planning helps in gaining
competitive advantage for the organizations, as they are able to implement unique business
strategies for conducting the business. However, the study states the pace of change is faster
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3MANAGEMENT PRINCIPLES
compared to ancient times due to which successful implementation of strategic planning is
failing in most cases. By the time, a strategy is developed and implemented by the business
organization; the market demands change in the business operations thereby, making the
previous strategic planning useless (Dibrell, Craig and Neubaum 2014).
Article 3
The Systems Thinking Approach to Strategic Planning and Management
This article emphasizes on the various approaches used by business organizations for
strategic planning and management. According to the journal article, the change is the only
constant thing those business organizations are failing to cope up. The business industries are
requiring a change in their strategic planning at regular interval due to the demand of the market.
A business organization requires a considerable amount of time to develop and implement
strategic planning to run the business successfully. Therefore, by the time the new strategic plan
is implemented, the market demands new strategies for competitive working. Therefore, the
organizations and management need to be faster to keep up with the continuous change of
strategic planning. The organizations need to undertake faster methods and techniques for
developing and implementing strategic planning (Haines 2016).
Article 4
Strategic Management of Health Care Organizations
This journal article highlights the strategic changes of the healthcare organizations over
the past years. The facilities and treatment provided by the healthcare organizations have
changed due to the changing medical and health demands of the patients. With time and
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4MANAGEMENT PRINCIPLES
reluctance among the people in the society, the complexity of health has increased. Moreover,
the number of people living an unhealthy life has also increased. Therefore, in order to cope up
the facilities and treatments required by the patients, the healthcare organizations have been
developing and implementing new strategic planning accordingly. However, as developing and
implementing new strategic planning is a long and complex process due to the involvement of
different stakeholders, the healthcare organizations have failed to keep up with the continuous
change. Therefore, the result of failure is highlighted in the failure of the successful
implementation of strategic planning (Swayne, Duncan and Ginter 2012).
Article 5
Numbers Are Not Enough. Why e-Learning Analytics Failed to Inform an Institutional
Strategic Plan
According to the journal article, in spite of having a high number of response, analysis of
the e-learning responses failed to inform the organizations about accurate strategic planning that
will be beneficial. This is because the time when the organizations conducted the e-learning
analytics, had different market demands compared to the present market. As a result, the analysis
results obtained from the response were not helpful for making appropriate strategic planning by
the educational institutes (Macfadyen and Dawson 2012).
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References
Dibrell, C., Craig, J.B. and Neubaum, D.O., 2014. Linking the formal strategic planning process,
planning flexibility, and innovativeness to firm performance. Journal of Business Research, 67,
pp.2000-2007.
https://www.researchgate.net/profile/Clay_Dibrell/publication/262690788_Linking_the_formal_
strategic_planning_process_planning_flexibility_and_innovativeness_to_firm_performance/
links/542182b50cf274a67fea9633.pdf
Gordon, G. and Fischer, M., 2015. Strategic Planning in Public Higher Education: Management
tool or publicity platform. Educational Planning, pp.5-18.
http://isep.info/wp-content/uploads/2016/02/22-3_1StrategicPlanninginHigherEd.pdf
Haines, S., 2016. The systems thinking approach to strategic planning and management. CRC
Press. https://books.google.co.uk/books?
hl=en&lr=&id=ATSH7CLkMdUC&oi=fnd&pg=PP1&dq=strategic+planning+rise+and+fall&ot
s=o7OWehVl3k&sig=ok8YjOnPN4m1Plmnx-Bv8hxqaYk#v=onepage&q=strategic
%20planning%20rise%20and%20fall&f=false
Macfadyen, L.P. and Dawson, S., 2012. Numbers are not enough. Why e-learning analytics
failed to inform an institutional strategic plan. Journal of Educational Technology & Society,
15(3), p.149.
https://www.researchgate.net/profile/Leah_Macfadyen/publication/
268367045_Numbers_Are_Not_Enough_Why_e-
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6MANAGEMENT PRINCIPLES
Learning_Analytics_Failed_to_Inform_an_Institutional_Strategic_Plan/links/
55b6ad6b08aed621de043a57.pdf
Swayne, L.E., Duncan, W.J. and Ginter, P.M., 2012. Strategic management of health care
organizations. John Wiley & Sons. https://books.google.co.uk/books?
hl=en&lr=&id=InjBkmPVTUUC&oi=fnd&pg=PR3&ots=jpCtozBVU1&sig=3CwdhXe5l53kgn
CTKppDh1XOBwg#v=onepage&q&f=false
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