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Analytical essay example

Strategic Plans into Operational Plans

Subject
Business & Management
Type
Analytical essay
Citation style
MLA
Length
3 pages

About this sample

The paper examines the relationship between strategic plans, which are long-term and broad, and operational or tactical plans, which are short-term and detailed. It argues that organizations should use cost-benefit analysis, SMART objectives, and feedback data from interviews and questionnaires to link strategic goals to day-to-day activities while using minimum resources. The structure moves from the definitions of the two plan types to evaluation methods and communication, and it ends with a works cited page listing a single source.

  • Strategic versus operational planning
  • Cost-benefit analysis of HR services
  • SMART objectives and tactical frameworks
  • Feedback data collection methods
  • Communicating findings to managers

How it opens

Strategic planning is an important component of any organization's decision process that facilitates the steering of the organization towards its future goals. It's a formally documented systematic process that focuses on aligning organizations plans into the future. Strategic plans contain key statements about the future of an organization and are long term with regard to the time required to achieve them. On the other hand, operational/tactical plans are short term; detailed and more tangible deliberations expressed in the day to day terms and are focused on achieving the strategic plans.

An organization needs to periodically evaluate its functional processes and develop feasible directives and action plans that enable it to remain operational and profitable over time. It is therefore very important to ensure that minimum resources are used to yield maximum results within the stipulated period of time. For a strategic plan to actualize there needs to be a clear link with the tactical plans to be put in place for the goals to be met (Australian Pacific College 2). Since none of the HR goals have been met, it would be very important to gather information on the existing computing and training services being offered by the two and three companies respectively by conducting a cost-benefit analysis on each of the services being offered. This analysis will assist in having a clear outline of the detachment between the costs incurred, the benefits received and the HR goals that are not being met on each of the companies. It is through this analysis that the least costly company that offers most benefits on both training and computing services will be retained as the other companies are dismissed from offering their services.

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