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Volume 3, Issue 4
April, 2015 Organizational Strategic Plan
Pages: 220-224
Adjunct Faculty, The contemporary environmental flux prevailing within the global economic
Department of Information and political climate requires substantial flexibility and responsiveness from
Technology, University organizations wishing to survive its consequences for longevity. Enterprises
College of the Caribbean, operating within the context of such rapid change and instabilities must
Kingston, Jamaica. equip themselves to face both the risks and rewards that may accrue from its
prevailing uncertainties. Therefore, organizational leaders have a serious
challenge to make themselves aware of both the emerging possibilities and
pitfalls that may await their businesses. Meandering through the streams of
opportunities may not come easy. It requires that leaders understand the
destructive nature of globalization to include socio-cultural, technological,
and location disparities and to find ways to maximize these challenges for
positive effects. Leaders thus have a duty to be both strategic and
operational in their outlook on how they will endeavor to optimize the
benefits of globalization to their organizations’ advantage.
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Organizational Strategic Plan Henry, B. C.,
INTRODUCTION
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3. The capability to incorporate policies and in the third stage should be formulated properly. This
procedures that may help to recognize and phase is imperative to organizational outcome because
distinguish customer needs within the various this stage requires specific, precise, and explicit
and disparate market segments (Newkirk & operational ambitions (Newkirk & Lederer, 2007). For
Lederer, 2007; Pearce & Zhang, 2010). example, the fourth phase of a strategic initiative
4. The capacity to be responsive to cultural and involve details about IT architecture to be
political nuances, divergence, and differences implemented, the projects and processes to be pursued,
within each respective markets (Kim, 2010; the timeframe in which these objectives are to be met,
Miesing, Kriger, & Slough, 2007; Newkirk & and the priorities and order in which the enterprise will
Lederer, 2007). undertake each goal. The final stage of the strategic
5. The competence to formulate plans and initiative involves the plans for execution of each
procedures geared toward appropriate project, the management necessary for each tasks, the
responses for best/worst case scenarios change management that may be required for optimal
(Bremmer, 2014). performance, the policies and procedures for follow-
6. The potential to create and solidify the up, and the mechanisms in place to monitor and
enterprise’s vision and mission through control objectives pursued (Newkirk & Lederer, 2007).
effective communication to the various The strategic imperatives of the aforementioned are not
constituents across the business and with the in isolation of the prevailing political and cultural
wider organizational stakeholders (Antelo, mores within contemporary organizations. According
Henderson, & St. Clair, 2010; Armonas, to Kim (2010), “A comprehensive framework of
Druteikiene, & Marcinskas, 2010; Newkirk & international diversification indicates that antecedents
Lederer, 2007). of international diversification include TMT (top
Newkirk and Lederer (2007), for example, recognized management team) characteristics, board composition,
five important aspects to establishing and maintaining organizational structure and size, ownership strategic
organizational strategic advantages. The authors elements, and processes and resources” (p. 18).
noted that strategy should begin with an awareness of Therefore, any strategic ambitions that an organization
ambitions and direction. Such imperatives should may pursue will likely consider all these attributes for
include the various stakeholders extracting and the strategy to be worthwhile. Kim (2010) noted that
establishing planning data and objectives, setting up enterprises operating within a global context face
operational teams, and securing the requisite competitive challenges, such as lost advantages and the
commitments from organizations top bosses. Second, creation of new disadvantages that may be the
Newkirk and Lederer (2007) opined that enterprises consequence of uncertainty arising from the
operate within a situational context. Enterprise leaders internationalization of business ventures. Kim (2010)
should secure the appropriate rationale for advancing opined that organizations operating in such a climate
their objectives within such circumstance. The authors have little choice but to use strategic ambitions to their
reasoned that at this second phase of intellectual and benefits. These include taking advantages of the
practical evaluation and assessment, business leaders existing variations of disparate and heterogeneous
should scrutinize “the current business systems, markets. Kim (2010) proffered that international
organizational systems, information systems, and organizations may want to seek out benefits of
external business and IT environments” (Newkirk & divergence and dissimilarity through existing
Lederer, 2007, p. 34). Phase three should incorporate “national differences, scale economies, and scope
calls for conceptualization and actions based on economies” (p. 18). Enterprises that place the
information gleaned from the first two phases. In this appropriate weight and emphasis on these three
phase, leaders would likely want to establish fundamentals may be able to maximize the use of their
organizational objectives that may be used to fuel assets, including their human resources, to glean
advancement in IT initiatives and business attitudes and behaviors that may enhance their global
performance. The fourth stage should be used to strengths (Kim, 2010).
concretize the formulation of strategic initiatives. In
this phase, those grand ideas that would have emerged
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