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	<title>Strategic Management &#38; Planning</title>
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	<description>Strategic Planning and Strategic Management</description>
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		<title>Implementing Your Strategic Plan</title>
		<link>http://www.strategicmanagement.co.uk/strategic-planning/implementing-your-strategic-plan.html</link>
		<comments>http://www.strategicmanagement.co.uk/strategic-planning/implementing-your-strategic-plan.html#comments</comments>
		<pubDate>Tue, 10 Mar 2009 11:50:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Strategic Planning]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[Strategic]]></category>

		<guid isPermaLink="false">http://www.strategicmanagement.co.uk/?p=7</guid>
		<description><![CDATA[Having a strategic plan is rather pointless if you don&#8217;t put the plan into action. Implementing your strategic plan can sometimes be the most difficult step of the whole process. Coming up with a plan is easy, but getting people stretched over several departments to abide by it and follow it is another story entirely. [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Times New Roman; font-size: small;">Having a strategic plan is  rather pointless if you don&#8217;t put the plan into action. Implementing  your strategic plan can sometimes be the most difficult step of the  whole process. Coming up with a plan is easy, but getting people stretched  over several departments to abide by it and follow it is another story  entirely. The good news is that with a little work, the plan can be  put into place to help the growth of your company. </span></p>
<p><span style="font-family: Times New Roman; font-size: small;">One of the ways to help with  people not only accepting but also embracing your strategic plan is  to get their input with implementing it. While they should have input  during the whole process (including the creation of your strategic plan),  your employees, the ones who are going to be carrying out your vision,  should have some say in the way the plan is implemented in your company  or organization.</span></p>
<p><span style="font-family: Times New Roman; font-size: small;">Another recommendation is to  gradually introduce the strategic plan. If you don&#8217;t overwhelm your  employees with your whole vision all at once, you decrease the chance  they&#8217;ll be confused and unable (or even unwilling) to implement your  strategic vision. On the other hand, keeping your employees in the loop  on the big picture goes a long way in getting them to believe in your  strategic plan for the company.</span></p>
<p><span style="font-family: Times New Roman; font-size: small;">Once your employees believe  in your strategic plan, implementing the plan will naturally fall into  place. Modifications might be needed here and there in your plan as  action is taken on the ideas you&#8217;ve come up with, but for the most part,  sticking to the plan is the best advice. If you begin wavering too far  away from the strategic plan for your company or change it too much  too often, you devalue all the work you did coming up with the plan  in the first place. </span></p>
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		<title>Why is Strategic Planning and Strategic Management Important?</title>
		<link>http://www.strategicmanagement.co.uk/strategic-planning/why-is-strategic-planning-and-strategic-management-important.html</link>
		<comments>http://www.strategicmanagement.co.uk/strategic-planning/why-is-strategic-planning-and-strategic-management-important.html#comments</comments>
		<pubDate>Tue, 10 Mar 2009 11:48:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Strategic Management]]></category>
		<category><![CDATA[Strategic Planning]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[Strategic]]></category>

		<guid isPermaLink="false">http://www.strategicmanagement.co.uk/?p=5</guid>
		<description><![CDATA[While their value may seem obvious to some, the importance of strategic management and strategic planning might not make sense to everyone. It takes a lot of time (and resources sometimes) to come up with a solid strategic look at your company and its future, which can seem like a huge waste of time and [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Times New Roman; font-size: small;">While their value may seem  obvious to some, the importance of strategic management and strategic  planning might not make sense to everyone. It takes a lot of time (and  resources sometimes) to come up with a solid strategic look at your  company and its future, which can seem like a huge waste of time and  resources to some people. It&#8217;s an investment that has a lot of payoffs,  though. If you don&#8217;t see the importance of strategic planning and strategic  management, here are some things to consider. </span></p>
<p><span style="font-family: Times New Roman; font-size: small;">If your company is satisfied  with its current rate of growth (even if it&#8217;s zero) you might not have  a need to map out a strategy for your future. For everyone else, though,  those who want their company to grow and thrive, having a strategic  plan and sticking to it is one of the most important things that can  be done. It&#8217;s not a guarantee of success, but success without it is  even more difficult. </span></p>
<p><span style="font-family: Times New Roman; font-size: small;">Without knowing exactly where  you&#8217;ve been and where you want to go, there&#8217;s no way to adequately plan  to get from point A to point B. Sitting down to &#8216;hammer out the details&#8217;  will make it easy to see the best option to get your company from where  it is now to where you want it to be in one year or ten years. Having  a strategic plan can also help you avoid potential pitfalls in the future. </span></p>
<p><span style="font-family: Times New Roman; font-size: small;">If you were traveling to an  unknown destination in your personal life, chances are you would look  at a map or atlas to help you find out how to get where you were going.  A strategic plan is like a map leading to an unknown destination that  is your company&#8217;s future. Without this vital piece of the puzzle, it&#8217;s  going to be difficult, if not impossible, to reach your goals. </span></p>
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		<title>What is Strategic Planning and Strategic Management?</title>
		<link>http://www.strategicmanagement.co.uk/strategic-planning/what-is-strategic-planning-and-strategic-management.html</link>
		<comments>http://www.strategicmanagement.co.uk/strategic-planning/what-is-strategic-planning-and-strategic-management.html#comments</comments>
		<pubDate>Tue, 10 Mar 2009 11:42:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Strategic Management]]></category>
		<category><![CDATA[Strategic Planning]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[Strategic]]></category>

		<guid isPermaLink="false">http://www.strategicmanagement.co.uk/?p=3</guid>
		<description><![CDATA[Strategy has long played an important role in the history of mankind. Moving from the battlefield to the boardroom, strategy still plays a vital role in the world. The rules have changed a little (the shield has been replaced with a briefcase and the sword with a BlackBerry), but strategy still plays an important part [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Times New Roman; font-size: small;">Strategy has long played an  important role in the history of mankind. Moving from the battlefield  to the boardroom, strategy still plays a vital role in the world. The  rules have changed a little (the shield has been replaced with a briefcase  and the sword with a BlackBerry), but strategy still plays an important  part in the way the world works. This is especially true when it comes  to business. Those without a strategic plan are at the mercy of those  companies that do have one in place. </span></p>
<p><strong><span style="font-family: Times New Roman; font-size: small;">Strategic Management:</span> </strong></p>
<p><span style="font-family: Times New Roman; font-size: small;">Strategic Management simply  refers to the science (some would say art) of coming up with, evaluating  and using strategic (long range) plans in the workplace. Primarily used  to manage how different departments in a business work together, strategic  management is the way smart companies who want to grow do business.  It&#8217;s an art form that a lot attempt, but very few are successful at  pulling off. Looking at the business world, though, you can see what  companies employ strategic management in all aspects of their business. </span></p>
<p><span style="font-family: Times New Roman; font-size: small;">Strategic management can be  thought of as the upper tier of management where the big picture decisions  take place. By looking at all the aspects of a business (all the different  departments at work &#8211; both separately and interacting together), it&#8217;s  easier to effectively manage resources to get the biggest bang for your  buck. This is the smallest level of the management pyramid, with very  few making these decisions, but the use of strategy at this level is  vital. </span></p>
<p><strong><span style="font-family: Times New Roman; font-size: small;">Strategic Planning:</span> </strong></p>
<p><span style="font-family: Times New Roman; font-size: small;">To manage with strategy, you  need a strategic plan. In the simplest terms, this refers to the process  of looking at all the various aspects and departments of your business,  figuring out how they could best work together, coming up with goals,  and writing out a plan together to reach those goals. There&#8217;s more to  it, of course, but this is the basic concept. </span></p>
<p><span style="font-family: Times New Roman; font-size: small;">It sounds like a simple thing,  but even when you&#8217;re dealing with a medium sized business of a few dozen  or more employees, it can be difficult to get different departments  to work together effectively. The ability to see the big picture and  visualize the future, though, is an important part of actually being  able to get there.  Strategic planning helps with seeing the big  picture and making it a reality by breaking it up into easily managed  chunks.</span></p>
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