Enrichment Paper No. 5 PLANNING TOOLS AND TECHNIQUES

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MARINDUQUE STATE COLLEGE

School of Liberal Arts


Tanza, Boac, Marinduque

COURSE ENRICHMENT PAPER NO. 5

PLANNING TOOLS AND TECHNIQUES

BY:

VIA MARIA I. MALAPOTE


MPA-OS

SUMITTED TO:

DR. DIOSDADO P. ZULUETA, DPA.


Professor

As a partial fulfillment of the requirement in the subject

Management Planning and Control


MARINDUQUE STATE COLLEGE
School of Liberal Arts
Tanza, Boac, Marinduque

I. PLANNING TOOLS AND TECHNIQUES

II. STATEMENT OF CONCERNS


1. What is Strategic Management?
2. What are the Choices and Benefits of Strategic Planning Tools and
Techniques?
3. What are the Global Applications?

III. DISCUSSION OF EACH CONCERN


Strategy is a pattern in a stream of decisions (Mintzberg.
1978:934). Porter defined strategy as “the creation of unique and valuable
position, involving a different set of activities.” Stacey’s (2000) looks at
strategic management as “the process of actively participating in the
conversations around important emerging issues”.
Successful organizations now more than ever recognize the
importance of strategic planning in achieving desired business results. Most
business leaders recognize the importance of strategic planning, but few
succeed at translating their strategies into business results (Ghamdi, 2005).
Project management is one of the high-responsibility tasks in modern
organizations. Project management is used in many types of projects ranging
from software development to developing the next generation fighter
aircrafts. In order to execute a project successfully, the project manager or
the project management team should be supported by a set of tools. These
tools can be specifically designed tools or regular productivity tools that can
be adopted for project management work. The use of such tools usually
makes the project managers work easy as well as it standardizes the work
and the routine of a project manager.
MARINDUQUE STATE COLLEGE
School of Liberal Arts
Tanza, Boac, Marinduque

A variety of tools and techniques have been developed to help


managers identify and deal with strategic planning decisions. These
techniques help managers change valuable data into forms suitable for
decision-making and action.
The benefits of these tools include the following:
1. Increase awareness about the business environment
2. Strategic Issues
3. Opportunities and Threats help reduce the risk involved in making
certain decisions
4. Establish priorities in large and complex companies
5. Provide framework for evaluating the relative importance of
different business portfolios
6. Aid the presentation of complex issues
7. Valuable communications device in addition to their analytical role
The framework of strategic management and planning, the essential
constituent and sustaining element is specifically the tools of strategic
analysis. According to Eilon, “the tool is only a means to obtain the result,
but it is not a result in itself.” Strategic management tools and techniques
could bring a lot of benefits for the organizations under the condition that
managers have a clear perception or understanding of existing tools and
techniques.
The most common tools and techniques used were Human Resource
Analysis, Strategic Planning, Total Quality Management, Customer
Relationship Management, Financial Analysis, Outsourcing, Benchmarking,
Strategic Planning Software, Vision/Mission and PEST Analysis.
MARINDUQUE STATE COLLEGE
School of Liberal Arts
Tanza, Boac, Marinduque

IV. CONCLUSION
A project manager cannot execute his/her job without a proper set of tools.
These tools do not have to be renowned software or something, but it can
pretty well be simple and proven techniques to manage project work.
Having a solid set of project management tools always makes project
managers' work pleasurable and productive.

V. RECOMMENDATION
The framework of strategic management and planning, the essential
constituent and sustaining element is specifically the tools of strategic
analysis. According to Eilon, “the tool is only a means to obtain the result,
but it is not a result in itself.” Strategic management tools and techniques
could bring a lot of benefits for the organizations under the condition that
managers have a clear perception or understanding of existing tools and
techniques.
The most common tools and techniques used were Human Resource
Analysis, Strategic Planning, Total Quality Management, Customer
Relationship Management, Financial Analysis, Outsourcing, Benchmarking,
Strategic Planning Software, Vision/Mission and PEST Analysis.

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