Seminar

In the seminar I learned the planning process of any business and how they works. There are three process and they are strategic planning is when a business define the which refers to the process through which an organization defines its strrategy of their organization,ategy, allocate its resource and lead the direction that the company will follow to achieve its goals.

second Tactical Planning: Refers to the process of taking the strategic plan and divided into specific activities, short term actions and plans to achieve the planned objectives.

Operations Planning: Refers to the action plan for the day-to-day functioning of an organization. It defines the short term methods to achieve the strategic objectives set while strategic planning is done. In other words, Operation planning allows the company to determine how to do it.

SWOT is strategic planning tools that are utilized by businesses and other organizations to seminar

ensure that there is a clear objective and that all factors related to the Strength, Weaknesses, Opportunities and Threats are identify.

Strengths are attributes or characteristics within the organization that are considered to be important to the execution and ultimate success of the objectives. For example, management experience, state of the art manufacturing facilities, and a solid profit line already in place.

Weaknesses have to do with internal factors that could prevent the achievement of a successful result of the objectives. For examples, factors such as a weak internal communication system, unhealthy levels of rivalry between departments, and lack of raw materials.

Opportunities have to do with external elements that will help to achieve the goals set for the company. For example, positive perception of the company by the general public, a network of vendors who are willing to work with the company, market conditions that will help to make a project desirable to the market at large, or at least a significant segment....