What is strategic planning

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What measures she would use, and how would she measure the metrics?

1. Consider Tri is working for a medium sized organization. Her supervisor has asked her to determine a way of measuring the productivity of her department or work unit.

2. Asher, a manager is proposing a new technological process which may reduce cost per unit of production in longer term. However, this proposal has been considered without a cost-benefit analysis. Explain why it is important to conduct a cost-benefit analysis before proceeding?

3. Simon is a manager in local retail shop where he supervises a team of 8 employees. For the past couple of months the sales figure showed a declining trend and for that head office has requested Simon to review the matter and existing strategy. Simon finds 'innovation' is the only way to achieve growth and stay competitive. Now, he would like to make the workplace more creative, interesting and engaging. Discuss the factors Simon should be considering in order to encourage innovation in workplace?

4. What is strategic planning? Discuss the importance of SWOT analysis in strategic planning process.

5. Why continuous improvement and quality policy are an essential part of doing business? How important is the impact of culture in relation to this?

Short essay question

Consider the organization you work with is taking an innovation initiative and the general manager has selected you to prepare basic workout of the plan. This may relate to the company might be planning a new product design or new service delivery to be implemented in market. What could be your approach? Do you decide to take a project management methodology or simply a change management plan to support the initiative? Write short essay giving your arguments on role of innovation and continuous improvement (use examples such as Nokia, Kodak etc).

Reference no: EM132840243

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