STRATEGIC PLANNING FOR SUPERLATIVE STRATEGIC PLANNING FOR SUPERLATIVE ACHIEVEMENTACHIEVEMENT

Planning ConceptPlanning Concept

Deciding where you want to go and how you will get there before taking an action

Determining the course of action to achieve your goals

Principles of PlanningPrinciples of Planning

Be specific Make attainable

goalsBelieve in goal

achievementSet quantifiable &

time targetMind association

you keepStart little and with

what you have

Be sincere (know thyself)

Don’t isolate yourself

Be flexibleMake plan to

appraise result

Strategic PlanningStrategic PlanningA process that include: Selection of interactive & overlapping

decisioning Leading to the development of an effective

strategy For achieving set goals & objectives

Gives direction and focus Enhance effectiveness Facilitate goal attainment Assist coordination process Aid organization repositioning and growth

Why or Benefit of Strategic Why or Benefit of Strategic PlanningPlanning

The Strategy Planning The Strategy Planning ProcessProcess

Determine your mission

Select your goals to pursue

Formulate assumptions about the environment

Identify opportunities & threats emerging

Assess your internal strength & weaknesses

Identify feasible alternatives/options

Critically analyze the options

Choose alternatives to pursue

Develop implementation plan to achieve goals

Design a control or feedback system to monitor performance as you implement

Environmental Challenges to Goal Environmental Challenges to Goal AccomplishmentAccomplishment

Analyzing your environment – 3 sectors that produce changes that MUST be monitored: 1.General Environment – Government, Economy, Consumers and population2.The Market – Identify & recognize major shifts: New Product, Pricing, Structure, Taste/Demand, Competitors (entry & exist)3.The Supply Sector – Supplier of materials, Finance, Equipment (technology)

Areas: Personal capabilities Human resource capabilities Markets – old/potentials Finance Operational requirements – market,

equipment

Internal Analysis of Strength & Internal Analysis of Strength & WeaknessesWeaknesses

Using the 10 steps approach to strategic planning, draw up a simple strategic plan for your 2014 business year

Practical ExercisesPractical Exercises

TIME MANAGEMENT STRATEGIES TIME MANAGEMENT STRATEGIES FOR GOAL ACCOMPLISHMENTFOR GOAL ACCOMPLISHMENT

A unique resource that must be identified and judiciously utilized to achieve

set goals

TimeTime

A unique resourceThe most scarce resource It is irreplaceable like staff It cannot be accumulated like money It cannot be turned off/on as machine It cannot be stock-pilled like metal It passes at pre-determined rate and

cannot be stoppedAll and sundry are equally endowed

with same amount of time (i.e 24hours)

Attributes of TimeAttributes of Time

Time Management PrinciplesTime Management Principles1. Make a “to do list”2. Delegate as appropriate3. Consider prime and low time4. Consider controllable & uncontrollable

factors5. Make a daily plan6. Check all uncompleted activities7. Re-prioritize uncompleted activities

Preventable Time WastersPreventable Time WastersToo much time on one

problemOver supervision and

under supervisionStarting a task without

thinking throughDoing tasks that can be

delegatedDoing unproductive

things from sheer habitPursuing unattainable

project or task

Failure to anticipate crises

Allowing conferences/discussion to wander

Conducting unnecessary meeting

Socializing at great length

Failure to analyze use of time

Letting paper work become security blanket

Doing serious task last

Notable Time GainersNotable Time Gainers

Use phone instead of writing

Make wise use of emails/ICT

Have a thing to do list and note ideas items

Learn to read summaries and highlights

Be selective in reading journals magazines etc

Use idle time for more worthy purpose

Delegate a bundle together repetitive tasks

Study overall work day & redistribute task

Block-out the best quite time for your most vital and creative work

Leverage the divine grace in prayer for effective management of your time

Successful Self/Time Successful Self/Time Management StrategiesManagement StrategiesMake a to do list

everydayDelegate as much

as possibleDetermine your best

time & schedule must difficult task

Set aside time when visitors are barred

Get incoming mail mails screened & redirected

Eat lunch sometimes in office to save time

Discourage drop-in visitors

Read standing up sometimes

Make phone calls, few minutes to close of work

Don’t feel guilty for unaccomplished goals.

1. Do the Do-able things2. Control the controllable3. Don’t worry about getting everything

done4. Be nice to yourself

4 Cardinal Laws of Time 4 Cardinal Laws of Time ManagementManagement

CASE EXERCISEThe three (3) frogs you must eat:

UGLY, UGLIER and UGLYIEST