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INTRODUCTION:
INTRODUCTION:
Mission
Vision
Goals
Objectives
Core Competencies
consideration
when
Which are to be performed and fulfilled on both individual and team level
Working for an organization for the attainment of its ultimate goals and
objectives
And that must be planned and executed in a time bound working environment
Mission, vision, objectives, goals and core competencies are the set of
key elements that informs and completes the strategic planning
process for the business
ELEMENTS INFORMING
STRATEGIC PLANNING OF BUINESS
Definitions
Identification
TNTs mission,
vision, goal,
objective and
core competence
Brief explanation
of TNTs mission,
vision, goal,
objective and
core competence
Mission: It is the
ultimate purpose of
existence
for
the
business
and
consequently,
its
continuance
(Varia,
2005).
A global team of
empowered
people
that links business,
markets and people in
a sustainable manner.
Identification
TNTs Brief explanation of
mission, vision, goal, TNTs mission, vision,
objective and core goal, objective and
competence
core competence
We
look
forward
to
encompass practices and
strategies, that ultimately
aim to fulfill the demands of
our
stakeholders
while
aiming to protect, maintain,
support and enhance the
resources like human and
natural ones, that will be
direly needed in the future
(Tnt.com, 2015).
Objectives: It emphasize
more focus and dedication
for the attainment of short
term targets and activities
of
entities
that
are
completely in line with the
companys
vision
and
mission (Strohhecker and
Grler, 2012).
ELEMENTS INFORMING
STRATEGIC PLANNING OF BUINESS
Definitions
Identification
TNTs
mission,
vision, goal, objective and core
competence
What is Strategy? It is pro active guidelines and identification of protocols framed out by
organization higher management, towards series of complex actions which individuals and
teams within an organization needs to performed over specified time period, in order to
attain ultimate goal of organization (Johnson, Whittington and Scholes, 2012).
Strategy has a vital role in the achievement of overall goals and objectives of any company,
whether small scale, medium sized or large scale, because if one is not planning his future
line of actions, then he is planning to fail certainly. And it is how it applies to strategies in a
corporate world.
Following are the three set of factors which can be proved as a source of barrier or a
facilitator to the strategic planning process of TNT;
1)
The management and strategic planners of TNT should emphasize and analyze its external and
internal environment, pertaining to the technology, that directly affects the swift and
continuous operations of the business. In this regard following key points must be
considered;
)
2)
OF
SAFETY
AND
Opt
for suitable mergers,
acquisitions,
amalgamations agreements in future years.
licensing
and
TECHNIQUES FOR
DEVELOPING STRATEGIC
BUSINESS PLANS
TECHNIQUES FOR
DEVELOPING STRATEGIC
BUSINESS PLANS
TECHNIQUES FOR
DEVELOPING STRATEGIC
BCG GROWTH SHARE MATRIX
BUSINESS PLANS
TECHNIQUES FOR
DEVELOPING STRATEGIC
BUSINESS PLANS
Cash Cows Cash cows are companies possess high market share
but simultaneously, low growth prospects, because the nature of its
products markets are either limited or all opportunities have already
been exploited.
Dogs Low market share and low market growth forms the basis for
this class of business, and thus, the ultimate survival of the company
becomes a question mark in future periods to arrive.
The concept is also illustrated with the help of a diagram in the next slide
(Smartdraw.com, 2015).
TECHNIQUES FOR
DEVELOPING STRATEGIC
BUSINESS PLANS
TECHNIQUES FOR
DEVELOPING STRATEGIC
BUSINESS PLANS
SPACE MATRIX
Financial strengths:
Following aspects would be of key importance
from TNT perspective;
Liquidity aspects of TNT;
How Return on Investments could be more
enhanced; and
Maintenance of continuous working capital
cycle, in order to create better cash flows
requirements within an entity and for its
operations.
Competitive advantage:
Better and strong distribution channels;
Instances of repeat business from customer
loyalty;
In depth know-how of business core values;
and
Possibility of vertical integration in upcoming
future time.
Environmental Stability:
Barriers to entry in any future adventure may
affect company growth prospects and
profitability;
Inflation aspects should be thoroughly
addressed and accordingly be incorporated in
strategic outline of company;
Price variations of product to be maintained
with customer demands patterns and prior
satisfaction records; and
REFERENCES LIST:
REFERENCES LIST: