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MGMT414: Week #8 Paper:

5-6 page Paper

Assignment overview and directions:

You are writing this essay to show me that you understand each step of the strategic planning process that was discussed in our reading material. This is also referred to as the strategy change cycle. The steps are as follows:


1) Initiate and agree on a strategic planning process
2) Identify organizational mandates
3) Clarify organizational mission and values
4) Assess the external and internal environments to identify strengths, weaknesses, opportunities, and threats
5) Identify the strategic issues facing the organization
6) Formulate strategies to manage the issues
7) Review and adopt the strategies or strategic plan
8) Establish an effective organizational vision
9) Develop an effective implementation process
10) Reassess the strategies and the strategic planning process

Each of these steps should be discussed in about one page in length. For each of the steps listed above you should discuss the most important aspects for each step that you should understand as someone that would implement a strategic plan for an organization. You should also tell me what you found most interesting about each step. Tell me about key terms that you found interesting in each step. The key terms are in italics in our reading material. You should generally provide an overview of each step and what you have learned about each of these.


This should be the format of your Paper: APA FORMAT that includes Abstract etc


1)Introduction of your paper should discuss a brief overview of what the strategic change cycle is and what you will discuss in your paper

2)Second paragraph/page should discuss step #1.

3)Third paragraph/page should discuss step #2.

4)You should then follow this format and discuss steps #3-#10 in separate paragraphs/pages.


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Explanation & Answer

Attached.

Running head: STRATEGIC CHANGE CYCLE

Strategic Change Cycle
Student’s Name
Institution

1

STRATEGIC CHANGE CYCLE

2
Abstract

There is a strong relationship between strategic planning and organizational success. This
paper discusses the 10 steps in strategic change cycle commonly referred to as the strategic
planning process. These steps start with initiation and agreement on a strategic planning process
and end by the reassessment of the strategies and the strategic planning process. These steps are
essential in promoting organizational cultures as in step three through clarification of
organizational mission and values which are integrated into the strategic plan. In addition,
strategic planning pays close attention to both internal and external environment so as to plan
with the status of the environment in mind among other important considerations in all the ten
steps.

Introduction
Investors, entrepreneurs, businesses, and organization across different industries and in
the government usually dedicate or put their resources in projects or programs expecting to get
something positive in return. In the corporate world, organization make huge investors through
dedicating a certain proportion of their resources to activities aimed at earning them returns
basically in terms of profitability, success, and competitiveness. As such, they need to ensure that
their resources are put into the right use and in the right manner. To achieve this, many
organization make use of strategic change cycle (Bryson, 2011). This can be described as a
strategic management process generally utilized to link planning and execution while ensuring
that the process of strategic managing is continued. Through strategic change cycle,
organizations are able to gain a sense where the organization wants to go and get measurable

STRATEGIC CHANGE CYCLE

3

goals. Strategic change cycle comprises of 10 steps. This paper seeks to describe these steps and
identify what we found interesting in each step as well as key terms in these steps.
Strategic Change Cycle Steps
The first step includes initiating and agreeing on the appropriate strategic planning
process. There are usually a number of key stakeholders and opinion leaders who are involved in
decision making regarding overall strategic plan. Through this stage, opinions and ideas from
these stakeholders are taken and an agreement is made regarding the purpose of the strategic
plan, the best steps to be adopted in the process, and the type and schedule of reports (Bryson,
2011). The initial ste...


Anonymous
Very useful material for studying!

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