Strategic planning vs strategic intent

All embraced bold ambitions beyond the limits of existing capabilities and resources. They aimed for global leadership and created the requirements for it. Komatsu wanted to outperform Caterpillar, Canon sought to beat Xerox and Honda wanted to become an automotive pioneer like Ford.

Strategic planning vs strategic intent

Crafting scenarios[ edit ] These combinations and permutations of fact and related social changes are called Strategic planning vs strategic intent scenarios ". The scenarios usually include plausible, but unexpectedly important situations and problems that exist in some small form in the present day.

Any particular scenario is unlikely. However, future studies analysts select scenario features so they are both possible and uncomfortable. Scenario planning help policy-makers and firms to anticipate change, prepare a response and create more robust strategies [9] [10].

Scenarios help a firm to anticipate the impact of different scenarios identify weaknesses. When disclosed years in advance, these weaknesses can be avoided or their impacts reduced more effectively than if similar real-life problems were considered under duress of an emergency.

What Is the Difference Between a Strategic Plan & a SWOT Analysis? |

For example, a company may discover that it needs to change contractual terms to protect against a new class of risks, or collect cash reserves to purchase anticipated technologies or equipment. Flexible business continuity plans with " PREsponse protocols " help cope with similar operational problems and deliver measurable future value-added.

Zero-sum game scenarios[ edit ] Strategic military intelligence organizations also construct scenarios. The methods and organizations are almost identical, except that scenario planning is applied to a wider variety of problems than merely military and political problems.

As in military intelligence, the chief challenge of scenario planning is to find out the real needs of policy-makers, when policy-makers may not themselves know what they need to know, or may not know how to describe the information that they really want.

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Good analysts design wargames so that policy makers have great flexibility and freedom to adapt their simulated organisations [11].

Then these simulated organizations are "stressed" by the scenarios as a game plays out. Usually, particular groups of facts become more clearly important. These insights enable intelligence organizations to refine and repackage real information more precisely to better serve the policy-makers' real-life needs.

Usually the games' simulated time runs hundreds of times faster than real life, so policy-makers experience several years of policy decisions, and their simulated effects, in less than a day.

This chief value of scenario planning is that it allows policy-makers to make and learn from mistakes without risking career-limiting failures in real life.

Further, policymakers can make these mistakes in a safe, unthreatening, game-like environment, while responding to a wide variety of concretely presented situations based on facts. This is an opportunity to "rehearse the future", an opportunity that does not present itself in day-to-day operations where every action and decision counts.

How military scenario planning or scenario thinking is done[ edit ] Decide on the key question to be answered by the analysis.

By doing this, it is possible to assess whether scenario planning is preferred over the other methods. If the question is based on small changes or a very small number of elements, other more formalized methods may be more useful.Strategic intent involves management having a declaration as to which course of action to take the company in over some future time frame.

Strategic planning is a systematic process of envisioning. Strategic thinking vs. strategic planning In the view of F. Graetz, strategic thinking and planning are “distinct, but interrelated and complementary thought processes” that must sustain and support one another for effective strategic management.

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Strategic planning vs strategic intent

May 16,  · A few minutes later, Moonves stepped on stage at the CBS network's annual "upfront" presentation for advertisers. He received a standing ovation from . Strategic thinking, often depicted as 'helicopter thinking', is the creative and relentless process of teasing out options for action which offer maximum advantage .

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