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Explain the importance of SWOT analysis in strategic planning. Explain the key differences between strategic and operational planning. Outline the concept of strategy map and
- Explain the importance of SWOT analysis in strategic planning.
- Explain the key differences between strategic and operational planning. Outline the concept of strategy mapand its importance.
- 'Environment Scanning is a form of Early Warning system' - justify the statement
- What is succession planning in HR? Briefly explain how it can help you to achieve strategic goals?
- Outline the key featuresand benefits of a knowledge management system? How it can help you in developing strategies?
- Discuss how risks are managed during strategy implementation? [discuss frameworks, standards etc.]
Essay question
Discuss the methods to develop strategic plans that serve the vision and mission of an organization. In this writing please mention -
How you would :
- analyze the external environment
- identify risks and opportunities
- plan HR/staffing requirements
- establish and monitor financial and non-financial performance indicators
- demonstrate leadership skills to engage people
- use cognitive and creative skills to generate ideas and solve complex problems
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