Committee for strategic planning

The Developing Governance Group is a collaborative partnership in Northern Ireland of infrastructure support organisations which have a keen interest in working to improve governance practice in the voluntary and community sector.

A key function of the Management Committee is to determine the direction and scope of the organisation over the longer term.

Strategic Plan

This is usually reviewed on a 3 or 5 year basis through a process called strategic planning. Strategic planning involves looking at the organisation as a complete entity and is concerned with its long term development. This involves looking at what the organisation was set up to do, where the organisation is now, determining where you want to get to, and mapping how to get there.

The strategic plan should be summarised in a written document to ensure that all concerned are clear regarding the aims and objectives the organisation is working towards. If the organisation is a charity, the strategic plan must take account of the charity's purposes and public benefit requirement to ensure that the plan delivers what the charity was set up to do.

Developing the plan is a process that may involve discussion with a number of different stakeholder groups and should take place over a period of time. Whilst it is important to document your plan in written form to provide consistent guidance and a reference point for the organsiation, this should remain an active process.

committee for strategic planning

Your plans should be regularly reviewed to ensure that you are able to anticipate and adapt to challenges and changes in the internal and external environment. There are a number of key stages in developing your strategic plan. Click on the links below for information, tools and support for each stage of the process:. Management Committees may develop a number of different types of plans for their organisation and its activities.

These may include:. An operational plan outlines the activities and targets which the organisation will carry out in order to work towards achieving the aims and objectives set out in the strategic plan. It provides the framework for an organisation's day-to-day operations. An operational plan covers a one year period. Your strategic plan should be supported by annual operational plans. These will often be developed by senior staff members where there are paid staff but must be approved by the management committee.

On the basis of reports against the operational plan, the Management Committee can then review progress towards meeting the strategic aims and objectives.

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A business plan is a detailed plan showing how resources will be managed to achieve the strategic plan. It includes detailed operational and financial information such as budget projections, which indicate how the organisation will resource its activities and be able to meet is objectives in the future. Business plans often cover a 3 year period. A business plan is also used to present its feasability of a particular new initiative.

A development plan is similar to a strategic plan, although it is more commonly used to outline the initial development or starting up stage of an organisation. Some organisations refer to their strategic plan as a development plan, so terminology can often be confusing.

Development plans often cover a 1 to 3 year period, reviewed annually. A project plan outlines the objectives and key activities related to a specific project area to be achieved within a specified timeframe. A project plan is often for a 1 to 3 year period.

Developing Governance Group DGG The Developing Governance Group is a collaborative partnership in Northern Ireland of infrastructure support organisations which have a keen interest in working to improve governance practice in the voluntary and community sector. Read more.

The Code of Good Governance. Search form Search Search.The Developing Governance Group is a collaborative partnership in Northern Ireland of infrastructure support organisations which have a keen interest in working to improve governance practice in the voluntary and community sector. Strategy is about defining the direction your organisation wants to take and then allocating the resources and managing the risks to get the organisation to where it wants to be.

Organisations need to analyse their external environment and look at their existing strengths and weaknesses as part of this process. A business plan is a detailed plan showing how resources will be managed to achieve the strategic plan. It includes detailed operational and financial information such as budget projections, which indicate how the organisation will resource its activities and be able to meet is objectives in the future.

Business plans often cover a 3 year period. A business plan is also used to present its feasability of a particular new initiative. The board has ultimate responsibility for directing the activity of the organisation and delivering its stated purposes. It will do this by:.

So whether your organisation is just starting up or is already established, the first step in the planning process is to assess the external and internal position of an organisation. They may be as a result of internal developments e. The leadership role of the Management Committee in ensuring that the organisation is able to move smoothly through a period of change is crucial.

Thinking strategically as a management committee involves analysing the organisation's internal and external environment and being responsive to change. Sometimes the challenges which these present will require making some difficult decisions regarding activities, services or the overall role or function of the organisation. In these circumstances, the committee must be able to stand back and take a strategic view of the options open to them.

Sometimes organisations are forced to close down because their funding has been cut, and no substitute money can be found. The first stage in development of a strategic plan for the organisation involves determining who needs to be involved in the planning process. The Management Committee needs to decide who should be involved in the strategic planning process.

Generally, it should involve as appropriate:. Those involved in the strategic planning process must start with reviewing the present circumstances and characteristics of the organisation. In order to plan for the future, you first need to reach a common understanding of the present circumstances.

To answer this question you will need to focus discussions on two key areas:. Every organisation develops its own way of documenting their strategic plan. However, it is often useful to have a look at the approach taken by other similar organisations for useful ideas on presentation and structure.

Many organisations include their strategic plans on their websites.

Strategic Plan

You may find it useful to look at the following examples from:. Developing Governance Group DGG The Developing Governance Group is a collaborative partnership in Northern Ireland of infrastructure support organisations which have a keen interest in working to improve governance practice in the voluntary and community sector. Read more. The Code of Good Governance.

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Search form Search Search. Strategy Strategy is about defining the direction your organisation wants to take and then allocating the resources and managing the risks to get the organisation to where it wants to be. Business planning A business plan is a detailed plan showing how resources will be managed to achieve the strategic plan. Principle 3 - An effective board will provide good governance and leadership by ensuring delivery of organisational purpose The board has ultimate responsibility for directing the activity of the organisation and delivering its stated purposes.

Managing change They may be as a result of internal developments e. The leadership role of the Management Committee in ensuring that the organisation is able to move smoothly through a period of change is crucial Managing change effectively Voluntary organisations encounter many milestones including:.

Strategic Options in Managing Change Read more about Strategic Options in Managing Change Thinking strategically as a management committee involves analysing the organisation's internal and external environment and being responsive to change. Facing Closure Read more about Facing Closure Sometimes organisations are forced to close down because their funding has been cut, and no substitute money can be found.

To answer this question you will need to focus discussions on two key areas: Analysing the external and internal environment; and Reviewing or developing the vision, mission and values of the organisation. Analysing the External and Internal Environment.Strategic planning is a process in which organizational leaders determine their vision for the future as well as identify their goals and objectives for the organization.

The process also includes establishing the sequence in which those goals should fall so that the organization is enabled to reach its stated vision. The strategic planning process results in a strategic plan, a document that articulates both the decisions made about the organization's goals and the ways in which the organization will achieve those goals.

The strategic plan is intended to guide the organization's leaders in their decision-making moving forward. A strategic planning committee typically leads this process. Experts in the strategic planning discipline say the strategic planning committee should include representatives from all areas within the enterprise and it should work in an open and transparent way where information is documented from start to finish.

The strategic planning committee works by researching and gathering the information required to understand the organization's current status as well as the factors that will impact it in the future.

The committee should solicit input and feedback to validate or challenge its assessment of the information. The strategic planning committee can opt to use one of many different methodologies that have been developed to guide leaders through this process.

These methodologies, or frameworks, move the strategic planning committee through a series of steps that include an analysis or assessment stage; the formulation of the actual strategy; and the articulation and communication of the actions needed to move the organization toward its strategic vision. Another piece of this process is the creation of benchmarks that will allow the organization to determine how well it is performing against goals and objectives as it implements the strategic plan.

In addition, this planning process should determine which executives are accountable for ensuring that benchmarking activities take place at planned times and also for ensuring that certain and specific objectives are met. Organizations that are most effective in aligning their ongoing actions with their strategic plans are those that actively engage in strategic management.

Strategic management establishes a set of ongoing practices to ensure that the organization's processes and allotment of resources support the vision established in the strategic plan. In the simplest terms, strategic management is the implementation of the strategy; as such, strategic management is also sometimes referred to as strategy execution. Strategic planning is more than a step-by-step exercise, however. It requires individuals capable of strategic thinking, that is, individuals who can take information and offer insights on how that information can influence or impact the future organization.

Moreover, strategic planning differs from long-range planning. Although the terms are sometimes used interchangeably, long-range planning is based on the idea that the organization's present understanding of the future is reliable enough to ensure that the stated long-range plan can be achieved. Strategic plans, on the other hand, recognize that many elements in the future are unknown and that the organization needs to be flexible while still working toward achieving the strategic plan's stated vision.

Given that distinction, successful organizations opt to view their strategic plans not as static roadmaps but as living documents that need to be revisited on a regular timetable as determined by the organization. Strategic planning has many benefits. It forces organizations to be aware of future opportunities and challenges. It also forces organizations to understand what resources will be needed to seize upon or overcome those opportunities and challenges.

Additionally, strategic planning gives individuals a sense of direction and marshals them around a common mission. It creates standards and accountability. Please check the box if you want to proceed. Dear Margaret Rouse this article was very helpful for me and my fellow students, I would like to take the time to thank you for gifting us with this piece. Although this wasn't completely relevant to our work it was an amazing read and if I was you id definitely give myself a pat on the back for this one.

There are a variety of GRC software options on the market. Learn about some of the available product options and how best to Whether planning or updating your governance, risk and compliance program, use this guide to help simplify the initiative and IT leaders must be vigilant against cyberfraud. Use this list of fraud compliance statutes and prevention tips to protect ITAn increasing number of boards are moving away from having a standing committee on strategic planning.

In the past, this was often not feasible if a board was large or its meetings were consumed with routine matters. However, as boards downsize to a manageable number of members and handle routine business in a consent agenda, they often find they can address substantive strategic issues at full board meetings. Under this model, short- term task forces are formed to address strategic issues that require more focused study prior to bringing a matter to the full board.

However, there may be sound reasons to have a Strategic Planning Committee. The board may be too large for thorough strategic discussions. The committee may provide a useful forum for board members, executives and physician leaders to share views on strategic issues. Each board should determine whether it needs a Strategic Planning Committee, or whether these functions would be better performed by the full board.

committee for strategic planning

To read more Strategic Planning Committee Sample Charter.As the workload for boards has increased, there has been a corresponding tendency towards the creation of a variety of committees to deal with specific issues. Indeed, committees, such as audit, risk and remuneration, are recommended e. Increasingly, boards are also establishing strategy committees to help them fulfil their responsibility for strategy. There are a number of reasons for this. Not all directors will be as familiar as others with the general industry environment in which the organisation operates or with the specifics of the particular business.

Similarly, the depth of knowledge, skills and general abilities of individual directors can have a significant impact on the ability of the board to contribute to the strategic processes of an organisation. Another factor is the willingness and capability of the board to be kept fully informed in areas essential to making a significant contribution to strategy formulation.

Rather, they may wish to concentrate on the strategy review process during board meetings. However, since strategy is at the heart of organisational success and failure, leading practice guidance on corporate governance rarely, if ever, recommends the formation of a strategy committee. This is because strategy is the responsibility of the whole board and assigning responsibility to a committee might lessen the involvement of those directors not on the strategy committee.

If the board does not feel it has enough time to focus on strategy during regular board meetings, it should look to its current processes beginning with the meeting agenda to give the board the appropriate focus. The biggest obstacle to covering all of the items on the meeting agenda is that many boards tend to get bogged down in discussion of operational or compliance issues and run out of time to discuss important strategic matters. Therefore there are good reasons to change the traditional order of agenda items or even delete certain items if this means addressing important priorities first.

After all, most meetings follow a formula through habit, not because there is any legal or other requirement to do so. I recommend, for example, scheduling discussion of strategic issues much earlier in the program, if there is a major decision to be made. That is not to say that a strategy committee cannot be appropriate in some circumstances.

For example, as an ad hoc committee for a special project to monitor implementation or helping management identify critical strategic issues facing the organisation. If a strategy committee is to work and not diminish the role of the full board, it must have a terms of reference that tightly controls its activities so it does not lessen the role of the board as a whole.

While boards are legally responsible for strategy, there are no legal prescriptions as to how they should fulfil this role. The onus is on each board to consciously choose the nature and extent of its strategic involvement in light of its contextual conditions.

Every board must undertake a discussion of what is the most appropriate role it can play in adding value in the strategy process.

committee for strategic planning

Whether this includes a strategy committee is a decision each board must make depending on its needs and circumstances. However, as discussed, there are ways a board can improve its focus on strategy to better fulfil this critical role of the board. The dcision to form a strategy committee is a clear indication that nobody has the faintest idea what to do next. Effective Governance is part of the HopgoodGanim Advisory Group and is the largest and oldest specialist corporate governance advisory firm in Australia.

JavaScript seems to be Disabled! Some of the website features are unavailable unless JavaScript is enabled. Home Contact Us Newsletter. All rights reserved.Skip to main content. Wright State University. Search Wright State. Coronavirus Update Classes will be held remotely for the remainder of the spring semester, and all official university events and student activities are suspended until further notice.

While the Dayton and Lake campuses remain open, access to campus is restricted to personnel who have been identified as essential. Read more. Strategic Planning. David S. Bright, Ph.

Department: Management. Phone: Email: david. Michael Wiehe, M. Department: Applied Policy Research Institute. Title: Director. Email: michael. Cheryl B. Schrader, Ph. Department: Electrical Engineering. Title: Professor. Email: cheryl. Jay Albayyari, Ph. Department: Lake Campus Engineering Technology. Phone: Email: jay. Jennifer Ann Attenweiler, M. Title: Associate Director. Email: jennifer. Email: eric. Email: caroline. Emanuel O Clayton, M.

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Angela R. Clements, B. Title: Assistant Vice President for Advancement. Email: angela. Ryan L.At UNO, strategic planning is an active and dynamic process that involves participation of university leadership, faculty, staff, students, alumni, and community leaders in annual campus forums.

The Strategic Planning Steering Committee includes wide stakeholder representation. In addition, the Steering Committee organizes and hosts periodic forums and meetings involving a broader constituency. The University of Nebraska Omaha has been involved in strategic planning since its doors opened in In that involvement expanded into a new campus-wide strategic planning initiative. Faculty, staff, students and members of the community have created a dynamic process that encourages good ideas, allows employees to shape direction, and is transforming our institution.

Strategic Planning Year End Report Strategic Planning Steering Committee.

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The Steering Committee's activities include: Reports from the Faculty Senate, Staff Advisory Council, Student Government, and Alumni Accreditation discussion Presentations and reviews of pertinent reports and data Identifying and carrying out annual projects for committee In addition, the Steering Committee organizes and hosts periodic forums and meetings involving a broader constituency.


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