The rationale for entering into a strategic partnership may vary, but one thing is situation, it may be necessary to develop your strategic relationship strategy in Rather, it is a cycle of continuous improvement that requires. Strategic Sourcing & Procurement Improvement; Logistics Optimization Breakthrough Strategies; Continuous Improvement Strategies; Key Activities for the. Strategy is a key outcome of a relevant strategic thinking process. Tregoe and Zimmerman outlined the relationship between strategy and operations in their.
However, in Strategic Thinking, we incorporate the needs of our customers, the organization and our staff in the process. We incorporate Benchmarking to ensure that industry best practices are included in our vision of the future. Employee Involvement at each stage of the Strategic Thinking process is key to ensuring that they stay involved in the execution of the Operational plans. This is where Operational Planning comes to play. It is the process of taking the strategies the outcomes of the Strategic Planning process and developing them into action plans that are achievable and involve staff throughout the organization in ensuring that the needs of the customer and the organization are met.
The last part of Strategic Thinking is Measurement. There must be an on-going process of measuring the effectiveness of the plans and verifying that they are implemented as planned. Measurement is also used to benchmark the original needs against the implemented actions. To successfully implement strategic change, initiated through the strategic thinking process, it is important for all levels of employees to fully incorporate the change in everything they do.
We do this by identifying and establishing Values and Principles to ensure the organization is successful at achieving its strategic goals.
Role of Strategic Thinking in Business Planning | Business Improvement Architects
Conclusion Senior managers and leaders in organizations have a responsibility to make the required time to undertake Strategic Thinking in their business planning.
Without comprehensive Strategic Thinking the organization risks making quick decisions that lack the creativity and insights derived through a Strategic Thinking process.
This is not something that can be delegated away. Strategic Thinking can be done for the organization as a whole and for each department or division within the organization. The goal is to out-think, out-plan and out-maneuver other forces or competitors.
Similarly, the role of the leader embodying the essential elements of Strategic Thinking is well described in this passage: Seeing what others do not see is called brilliance, knowing what others do not know is called genius. Brilliant geniuses win first, meaning that they defend in such a way as to be unassailable and attack in such a way as to be irresistible.
He works with leaders and their teams around the world to improve organizational performance by helping them to define their strategic direction, increase leadership performance, create cultures that drive innovation and improve project and quality management.
He also delivers presentations to businesses and conferences throughout the world. Motivate them to work in groups. An employee must have the liberty to express his ideas and all of them should sit together to decide on something which would be beneficial to all. One should try his level best that all the employees must have their lunch together at the same time. Half an hour to fourty five minutes must be dedicated to lunch and one should not discuss work during lunch time.
There are other topics as well. Discuss movies, sports, shopping or any other thing under the sun. There will be no harm if the employees go out together once in a while for get togethers, picnics or shopping.
The Role of Strategic Thinking in Business Planning
Ask them to bring their family members as well. Encourage effective communication among the team members. It has been observed that poor communication leads to confusions and misunderstandings. The communication has to be precise and relevant. One should not play with words and be very specific about his expectations from his fellow workers as well as the organization.
Voice your opinion and do express your displeasure. It will definitely prevent a conflict among employees later and improve the relations among them. If you find anything unacceptable, discuss with your superior but in a polite way. Written modes of communication must be promoted among the employees for better transparency.
- Strategies to Improve Employee Relations
Verbal communication is not as reliable as written communication. The agendas, minutes of the meeting, important issues must be circulated among all through emails. Make sure that all the related employees are in the loop.
Morning meeting is another effective way to improve the relation among the employees. Let everyone come together on a common platform and discuss whatever issues they have. The meetings must not be too formal. Allow the team members to bring their cups of coffee.
Start your day with a positive mind.
Greet everyone with a warm smile. Exchange greetings and compliments.