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Harvard Business Review Magazine

Harvard Business Review Magazine

Strategic Planning Works - Strategic Planning Pitfalls - to Avoid I have mixed feelings about what many companies call strategic planning, but creating an overall direction for your company, office, or work group is necessary for success. People need to feel as if they are part of something bigger than themselves. At the same time, they need clear direction to know what bigger thing they are part of. My mixed feelings result from the fact that strategic planning is rarely strategic and most frequently results in pages and pages of plans that sit unused in desk drawers. In a fast moving, fast changing industry, you can create an overall compass for your direction.

Magazine | The rules of sarcasm Sarcasm is so ubiquitous these days, it almost goes unnoticed. But, as David Beckham proved, when he was sent off this week for seemingly clapping a referee who had just booked him, not everyone is a fan. The trick is to use sarcasm intelligently, and sparingly. They say sarcasm is the lowest form of wit. Yeah, right. Assuming "they" are the same experts who tell us "Look before you leap" and "He who hesitates is lost", then I think we all know how incisive and invaluable their advice is. What have these geniuses got against sarcasm? Also, it's crude. When David Beckham got himself sent off for clapping the referee who had booked him, that so boosted his standing in the nation, didn't it? But "they" aren't so big and clever themselves, putting down sarcasm. So may I offer, in all due sincerity, my tips on how to love sarcasm and make it work for you. Note first of all that we are all sarcastic, often without noticing it. Some phrases are only ever used sarcastically: My heart bleeds.

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STRATEGIC ENERGY POLICY CHALLENGES Report of an Independent Task Force Sponsored by the James A. Baker III Institute for Public Policy of Rice University and the Council on Foreign Relations Foreword Acknowledgments Executive Summary: The Challenge Introduction and Background Findings Strategic Policy Choices Strategy, Recommendations, and Action Plan Additional Views Dissenting Views Task Force Members Task Force Observers Appendixes For many decades now, the United States has been without an energy policy. That Americans face long-term energy delivery challenges and volatile energy prices is the failure of both Democrats and Republicans to fashion a workable energy policy. This recommendation sits at the core of an Independent Task Force Report sponsored by our two organizations. There are no easy Solomonic solutions to energy crises, only hard policy tradeoffs between legitimate and competing interests. {*style:<i><b>Ambassador Edward Djerejian </b> Director, Baker Institute </i>*} {*style:<i><b>Leslie H. President,

Workouts to Lose Weight Fast You have lots of options when it comes to choosing the best exercise for weight loss, so pick a workout plan you'll stick with. Image Credit: Getty Images/invincible_bulldog, Graphic: LIVESTRONG.com Creative Exercise to lose weight doesn't exist in a vacuum: No amount of crunches, tricep extensions or hours spent on an elliptical will answer your weight-loss prayers all on their own. The best weight-loss plans include a comprehensive workout routine — with cardio and strength training — and a healthy diet. But even if, as the saying goes, abs are made in the kitchen, you shouldn't just toss your running shoes to the side and ditch your weight-loss workouts entirely. Whether you're looking to lose 20 pounds or 100, our guide to fitness for weight loss has a workout for you. HIIT Your Cardio Workouts The best cardio for weight loss gets your heart rate up — usually at high intensity. Image Credit: ShotShare/iStock/GettyImages Why You Should Build Muscle to Shed Weight What About Running?

strategicPlan.pdf (application/pdf Object) The Future of Corporate Energy Management Skip to main content In This Section Campaigns Commercial building design Communications resources Energy management guidance Financial resources Portfolio Manager Products and purchasing Recognition Research and reports Service and product provider (SPP) resources Success stories Target Finder Technical documentation Third-party resources Utilities/ Energy efficiency program administrators Sector-specific resourcesShow Energy Strategy for the Road Ahead Use this guide to think through your corporate energy management strategy and ensure future energy success. Download the ENERGY STAR "Energy Strategy for the Road Ahead" here. Obama Administration Announces Comprehensive Strategy for Energy Security The White House Office of the Press Secretary For Immediate Release March 31, 2010 Decisions expand domestic production, promote efficiency Washington D.C. --- As part of the Administration’s comprehensive energy strategy President Barack Obama and Secretary of the Interior Ken Salazar today announced more details of the Obama Administration’s efforts to strengthen our energy security. “I want to emphasize that this announcement is part of a broader strategy that will move us from an economy that runs on fossil fuels and foreign oil to one that relies on homegrown fuels and clean energy. Over the last year, under the leadership of Secretary Salazar, the Administration has worked to reevaluate previous decisions in an effort to set oil and gas drilling policies on the Outer Continental Shelf (OCS) that will help reduce our dependence on foreign oil, create jobs, and take environmental risks and responsibilities into account.

Strategic Plan Strategic Planning Business Strategy Strategic Planner Mission Statement Vision SWOTs Strategy Development The Vision The first step is to develop a realistic Vision for the business. This should be presented as a pen picture of the business in three or more years time in terms of its likely physical appearance, size, activities, structure, scale offerings etc. Answer the question: "if someone from Mars visited the business, what would they see (or sense)?" Consider its future products, markets, customers, processes, location, staffing etc. Here is a great example of a vision: I will come to America, which is the country for me. The Mission The nature of a business is often expressed in terms of its Mission which indicates in a factual way the purpose and activities of the business in terms of operations, (unique) characteristics, functions, customers, offerings, sectors/segments, scale/scope/penetration, methodologies, technologies, resources etc. Intel's original plan, written on the back of a menu (view copy), is an excellent example of a hard statement:

The Strategic Planning Process In today's highly competitive business environment, budget-oriented planning or forecast-based planning methods are insufficient for a large corporation to survive and prosper. The firm must engage in strategic planning that clearly defines objectives and assesses both the internal and external situation to formulate strategy, implement the strategy, evaluate the progress, and make adjustments as necessary to stay on track. A simplified view of the strategic planning process is shown by the following diagram: The Strategic Planning Process Mission and Objectives The mission statement describes the company's business vision, including the unchanging values and purpose of the firm and forward-looking visionary goals that guide the pursuit of future opportunities. Guided by the business vision, the firm's leaders can define measurable financial and strategic objectives. Environmental Scan The environmental scan includes the following components: Strategy Formulation Strategy Implementation

Strategic Management Model Strategic management model refers to the pattern or mode of strategic management. According to the strategic management model, a number of steps are taken to achieve the objectives of a company. Different strategic management models are chosen by various companies according to their conveniences. About Strategic Management Model Strategic management model is also known as strategic planning model. A strategic planning model is selected for the purpose of formulating and implementing the strategic management plan of a particular organization. Nevertheless, it has been proved that no strategic planning model is perfect. A number of strategic planning model options are available for the companies from which they can choose. The Components of a Strategic Management Model In the decade of 1970s, a large number of corporations followed a recognized strategic planning model, which is top down in nature. The steps involved in this strategic planning model were the following:

Strategic Planning Template Strategic Planning Tips You will find that almost all organizations will develop their business plans their own way, based on the individual preferences of the organizations managers, some people will write incredibly long documents while others will be concise. Good leaders keep their plans short and concise. In reality, not too many people will read your analysis section, some people will argue that it needs to be there, others will argue it does not need to be there. Tip 1 If you are new to a business or an industry, then keep the analysis section in your plan and ask others to critique it. Tip 2 If you are updating a business plan using last years as a base, you have two choices Validate the analysis that you completed last year and where your strategic environments have changed, critique the relevance of you current strategy, or Complete the analysis again starting wit a blank sheet of paper.

Strategic Planning Tools - strategy, organization, levels, style, examples, manager, definition, model, type, company, business, Boston consulting group matrix, General electric matrix Photo by: Sergej Khakimullin Strategic planning may be characterized as a systematic effort to produce fundamental decisions and actions that shape and guide what a business organization is, what it does, and why it does it. The objective of strategic planning is to develop a map by which to manage an organization's positioning. Although some would suggest that strategic planning has lost some of its effectiveness, most managers continue to recognize the need for effective strategic planning and implementation. While strategic planning requires a significant amount of time and can be quite frustrating, if done properly, it can enable a firm to recognize its most effective position within its industry. There are a variety of perspectives, models and approaches used in strategic planning. In the late 1960s the Boston Consulting Group, a leading management consulting company, designed a four-cell matrix known as BCG Growth/Share Matrix. Figure 1 Market Growth/Share Matrix strengths.

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