element14 Community
element14 Community
    Register Log In
  • Site
  • Search
  • Log In Register
  • Members
    Members
    • Achievement Levels
    • Benefits of Membership
    • Feedback and Support
    • Members Area
    • Personal Blogs
    • What's New on element14
  • Learn
    Learn
    • eBooks
    • Learning Center
    • Learning Groups
    • STEM Academy
    • Webinars, Training and Events
  • Technologies
    Technologies
    • 3D Printing
    • FPGA
    • Industrial Automation
    • Internet of Things
    • Power & Energy
    • Sensors
    • Technology Groups
  • Challenges & Projects
    Challenges & Projects
    • Arduino Projects
    • Design Challenges
    • element14 presents
    • Project14
    • Project Groups
    • Raspberry Pi Projects
  • Products
    Products
    • Arduino
    • Avnet Boards Community
    • Dev Tools
    • Manufacturers
    • Multicomp Pro
    • Product Groups
    • Raspberry Pi
    • RoadTests & Reviews
  • Store
    Store
    • Visit Your Store
    • Choose another store...
      • Europe
      •  Austria (German)
      •  Belgium (Dutch, French)
      •  Bulgaria (Bulgarian)
      •  Czech Republic (Czech)
      •  Denmark (Danish)
      •  Estonia (Estonian)
      •  Finland (Finnish)
      •  France (French)
      •  Germany (German)
      •  Hungary (Hungarian)
      •  Ireland
      •  Israel
      •  Italy (Italian)
      •  Latvia (Latvian)
      •  
      •  Lithuania (Lithuanian)
      •  Netherlands (Dutch)
      •  Norway (Norwegian)
      •  Poland (Polish)
      •  Portugal (Portuguese)
      •  Romania (Romanian)
      •  Russia (Russian)
      •  Slovakia (Slovak)
      •  Slovenia (Slovenian)
      •  Spain (Spanish)
      •  Sweden (Swedish)
      •  Switzerland(German, French)
      •  Turkey (Turkish)
      •  United Kingdom
      • Asia Pacific
      •  Australia
      •  China
      •  Hong Kong
      •  India
      •  Korea (Korean)
      •  Malaysia
      •  New Zealand
      •  Philippines
      •  Singapore
      •  Taiwan
      •  Thailand (Thai)
      • Americas
      •  Brazil (Portuguese)
      •  Canada
      •  Mexico (Spanish)
      •  United States
      Can't find the country/region you're looking for? Visit our export site or find a local distributor.
  • Translate
  • Profile
  • Settings
Personal Blogs
  • Members
  • More
Personal Blogs
Legacy Personal Blogs Basically, What is strategic planning?
  • Blog
  • Documents
  • Mentions
  • Sub-Groups
  • Tags
  • More
  • Cancel
  • New
  • Share
  • More
  • Cancel
Group Actions
  • Group RSS
  • More
  • Cancel
Engagement
  • Author Author: Chris_Pinter
  • Date Created: 7 Apr 2011 6:31 AM Date Created
  • Views 495 views
  • Likes 0 likes
  • Comments 0 comments
  • competition
  • environmental
  • management
  • strategic
  • conditions
  • planning
  • Technology
  • economic
  • stability
  • risk
  • influence
  • political
Related
Recommended

Basically, What is strategic planning?

Chris_Pinter
Chris_Pinter
7 Apr 2011

Strategic Planning 101                                                 

Strategic planning is the driving force in  growing any company.  How you deal with your customers, relate to the  business environment and treat your follow man are all considered when  looking at your strategic plan.  Indeed there is no right way to do  strategic planning.  It is more like developing a road map towards  reaching a goal.   There are a number of concepts that you can use to  help you develop a strategic plan.

What are your environment conditions?

The environmental conditions affect your  strategic plan the most.  These are the outside factors that will affect  your ability to deliver on your strategic plan.  Conditions such as the  following:

Political influence/stability – Is there a stable government in place in your region? Is your  industry a target for political lobbies, or activists?  Does your  project have political champions who can rally behind your cause?

Weather conditions – Do you live in a tornado or hurricane prone area?  Could snow ice or  other weather conditions affect power to your building or cause loss of  productivity?

Economic conditions - The overall economy and the regional economy will affect your business and will change over time.

Human resources/employment conditions -  Are there people in your area that can perform the work you need?  Do  you need to hire from outside of your region or train staff?

Competition -    Do you know your competition?  Do you regularly identify and monitor  competitive influences.  It is important to understand all of the  competitors including direct and indirect competitors in order to  develop a complete understanding of this influence.

There are many other outside influences  that will affect your business.  It is important to routinely survey the  economic, political and social conditions that affect your business to  understand how these outside influences will affect your business.  A  daily scan of the newspaper, stock market and other news sources are a  great way of staying on top of the outside forces you cannot change.

 

Read more....

 

http://www.pinterec.ca/strategic-planning/

  • Sign in to reply
element14 Community

element14 is the first online community specifically for engineers. Connect with your peers and get expert answers to your questions.

  • Members
  • Learn
  • Technologies
  • Challenges & Projects
  • Products
  • Store
  • About Us
  • Feedback & Support
  • FAQs
  • Terms of Use
  • Privacy Policy
  • Legal and Copyright Notices
  • Sitemap
  • Cookies

An Avnet Company © 2025 Premier Farnell Limited. All Rights Reserved.

Premier Farnell Ltd, registered in England and Wales (no 00876412), registered office: Farnell House, Forge Lane, Leeds LS12 2NE.

ICP 备案号 10220084.

Follow element14

  • X
  • Facebook
  • linkedin
  • YouTube