Program Type: Webinar /
June 4, 2020 | 9:30am Afghanistan | 10:00am Maldives, Pakistan | 10:30am India, Sri Lanka | 10:45am Nepal | 11:00am Bangladesh, Bhutan | 11:30am Myanmar | 12:00nn Thailand | 1:00pm China, Malaysia, Mongolia, Philippines, Singapore | 3:00pm Papua New Guinea | 5:00pm Fiji
Webinar Presentation/s
Srategic Planning Processby Ramhari Lamichhane, PhD
Strategic Planning and Management for Development of TVET Institutionsby Prof. Dr. D. Brahadeeswaran
Background and Focus
Organizational change is an important issue. It is actually a process in which an organization optimizes performance as it works toward its ideal state. Organizational change occurs as a reaction to an ever-changing environment, a response to a current crisis situation, or is triggered by a leader.
One of the areas where an organization needs to change and can change is the Mission, Vision, & Strategy. Organizations should continually ask themselves, "What is our business and what should it be?" Answers to these questions can lead to changes in the organization's mission (the purpose of its business), its vision for the future (what the organization should look like), and its competitive strategy.
This program leads us to a process we call strategic planning. Strategic planning is a tool for organizing the present on the basis of the projection of the desired future. A strategic plan is a roadmap to lead an institution from where it is now to where it would like to be in the next five years. In strategic planning, directional guidelines are given by the institution’s stakeholders. These guidelines aid appraising the changing market conditions and spot opportunities or dangers. They examine the organization’s strengths and weaknesses, mission and organizational values. Then, they try to match the corporate opportunities with the organization’s strength and priority commitments .
It is necessary to have a strategic plan for each organization, as this will help chart its future. Strategic planning would ensure that an organization is in sound state and would be able to maintain their operations. It will have a 3 to 5-year projection at least and would very well know how to get there.
This program will therefore elaborate on strategic management as a process for setting both long-term and short-term strategic directions for the organization. The central thrust will be to achieve a sustainable competitive advantage since strategic management is the process of ‘strategic decision making’. It is expected that by learning the process of strategic planning and management, a systematic way of carrying the interrelated activities is undertaken to obtain desired goals and objectives of particular institutions.
Objective
Understand the role and significance of the strategic plan’s elements such as vision, mission, strategic goals and objectives and be able to formulate a draft of those elements.
