Strategic Planning: Business Plan Review, Analysis and Tools for Vista

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Added on  2023/01/19

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This report delves into the critical aspects of strategic planning, focusing on business plan reviews and the tools used for analysis. It examines the importance of strategic planning within organizations, particularly for a company like Vista. The report highlights the significance of reviewing organizational strategies and business plans, emphasizing the need for continuous updates and changes. It explores tools such as Porter's Five Forces model and positioning tools to assess market competitiveness and organizational positioning. The conclusion emphasizes the crucial role of strategic planning in defining a company's vision, mission, objectives, and resource allocation, providing a comprehensive overview of the strategic planning process and its impact on business success. Desklib provides these insights and past papers to aid students in their studies.
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Strategic Planning
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Table of content
INTRODUCTION
TASK 3
CONCLUSION
REFERENCES
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INTRODUCTION
Strategic planning is a vital process in any organization to determine
the vision, mission for the future to identify the company's
objectives and goals. It is a significant process to define
organization's strategy, direction and make effective decision-
making for allocating the resources.
Vista is a multinational organization and a great chemical trader in
textile, personal care, ceramic, cement, industrial cleaning's,
household, agrochemicals, construction and lubricants industries.
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The importance of review in developing
organizational strategy and business plan
Task 3
Review is very important factor in the business strategy.
Its consideration is very vital because it develops an effective
path for the organization to necessary updates and changes in
the strategy and process. It provides an essential information
that in which area the changes is required and its effectiveness.
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CONTINUE
Evaluation of tools that can be used to review
organizational strategy and business plan and
competitive strength and weakness of an organisation
The porter's 5 force model that can be used to review
organizational strategy and business plan. It is a powerful
analysis tool that can used in review and analysis the
organizational strategy. This tool will assist the organization
by providing essential information regarding competitiveness
in the market.
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Positioning tool assist the Vista company to analysis its
current position in the market and chemical industry. It helps
the organization to define its product market image and its
exact situation in the marketplace. It is a strong marketing
concept, will provide a major guideline to improve its
sustainability in the chemical industry.
CONTINUE..
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CONCLUSION
From the above study, it is summarized that the Strategic
planning is a very crucial process in any company to
identifying its vision, mission, objectives and goals. It is an
important procedure to specify the organization's strategy and
its decision for distributing the resources.
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REFERENCES
Smith, R.D., 2017. Strategic planning for public relations.
Routledge.
Bryson, J.M., 2018. Strategic planning for public and nonprofit
organizations: A guide to strengthening and sustaining
organizational achievement. John Wiley & Sons.
Cassidy, A., 2016. A practical guide to information systems
strategic planning. Auerbach Publications.
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