Learning Goal: I’m working on a writing question and need the explanation and answer to help me learn.
Competency
Evaluate the inclusion of an organization’s infrastructure in strategic planning.
Student Success Criteria
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Scenario
As part of your responsibilities on the board of a regional strategic committee for your local Chamber of Commerce, you have been asked to prepare a memo that can be used for prospective businesses that are new to your local Chamber.
Instructions
The memo should contain information on how organizations can use their organizational capabilities for strategic planning purposes.
Your memo should include the following:
- An overview of organizational capabilities and how they relate to strategic planning.
- A discussion of the different types of infrastructure elements that can be found in an organizational strategic plan.
- An explanation of how organizational strategy is different than policy.
- Attribution for credible sources for the memo.
A strategic planning memo
A strategic planning memo refers to a written document that outlines key strategies and recommendations for an organization’s future direction and goals. The best strategic planning memo is one that effectively communicates the strategic initiatives, provides clear guidance, and aligns with the organization’s vision and objectives. Here are some key elements that contribute to the best strategic planning memo:
- Executive Summary: The memo should begin with a concise executive summary that provides a high-level overview of the strategic plan. It should highlight the main objectives, key strategies, and the rationale behind them. This section serves as a quick snapshot of the strategic plan for busy executives or stakeholders.
- Background and Context: Provide background information about the organization, its current position, and any relevant industry or market trends. This sets the stage for understanding why strategic planning is necessary and the challenges or opportunities the organization faces.
- Vision and Mission: Clearly articulate the organization’s vision and mission statements. These statements define the organization’s purpose, values, and long-term aspirations. They serve as guiding principles for the strategic initiatives outlined in the memo.
- Goals and Objectives: Identify specific, measurable, achievable, relevant, and time-bound (SMART) goals and objectives that the organization aims to achieve through the strategic plan. These goals should be aligned with the organization’s vision and mission.
- SWOT Analysis: Conduct a comprehensive analysis of the organization’s strengths, weaknesses, opportunities, and threats (SWOT). This analysis helps identify internal and external factors that may impact the organization’s strategic decisions.
- Key Strategies: Outline the main strategies and initiatives that the organization will undertake to achieve its goals and address the identified challenges or opportunities. Each strategy should be clearly defined, with an explanation of how it aligns with the organization’s vision and addresses the identified issues.
- Action Plan: Provide a detailed action plan that outlines specific steps, responsibilities, timelines, and resources required for implementing each strategy. This section should include milestones, performance indicators, and monitoring mechanisms to track progress.
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