Professional Documents
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03 S TA G E S O F S T R AT E G I C FO R M U LAT I O N
04 STRATEGY FORMULATION
05 S W O T T A N A LY S I S
06 QUESTIONNAIRES
07 REFERENCES
ENGINEERING
MA NA GE ME NT
MANAGEMENT AND
IT’S FUNCTIONS
BSECESEP-3A-T 2023
WHAT I S M ANAGE M E NT?
M a n a g e m e n t i s d e f i n e d a s t h e a d m i n i s t ra t i o n o f t a s k s t o
a c h i e ve a c e r t a i n g o a l . I t i s t h e p ro c e s s o f c re a t i n g a
s t ra t e g y w h i l e c o o rd i n a t i n g t h e w o r k f l o w a n d o p e ra t i o n s
o f i n d i v i d u a l s u s i n g t h e i r o b j e c t i ve s a n d re s o u rc e s
ava i l a b l e i n t h e o rg a n i z a t i o n .
I t i s a c r u c i a l c o m p o n e n t o f a ny a s s o c i a t i o n o r
o rg a n i z a t i o n l e a d e r s a s t h e y s u p e r v i s e t h e e ffe c t i ve
p l a n n i n g a n d e ff i c i e n t i m p l e m e n t a t i o n o f t h e i r g o a l s
t o wa rd s s u c c e s s .
Re vo l ve s a ro u n d p ro p e r c o m m u n i c a t i o n t o s p re a d
awa re n e s s , i m p rove m e n t o f c r i t i c a l t h i n k i n g s k i l l s ,
p ro d u c t i ve l e a d e r s h i p, e ff i c a c i o u s d e c i s i o n - m a k i n g , a n d
ve r s a t i l i ty t o re s o l ve c h a l l e n g e s a n d s i t u a t i o n d y n a m i c s .
POLC FRAMEWORK
• T h i s i s t h e p r o c e s s o f o rg a n i z i n g a n d r e g u l a t i n g t h e
available materials or resources of the project. It also
includes assigning the personnel to their respective
c o r p o r a t e u n i t s . To m a k e t h e m o s t u s e o f a v a i l a b l e
resources, it is crucial to develop systems of
o rg a n i z a t i o n , i d e n t i f y r o l e s a n d i n d i v i d u a l d u t i e s ,
and synchronize operations altogether toward the
goal of productive interaction. It provides an avenue
f o r d e s i g n i n g o rg a n i z a t i o n f r a m e w o r k s t h a t a r e a l l
part of an engineering management team.
LEADING
MA NA GE ME NT
MISSION
AND
VISION
BSECESEP-3A-T 2023
WHAT I S M ISSIO N?
THE OVERALL
GOALS WHAT YOUR WHAT’S IMPORTANT
BUSINESS DOES? PURPOSE OF TO YOUR BUSINESS?
YOUR BUSINESS?
WHAT I S VISIO N?
MA NA GE ME NT
STAGES OF
STRATEGIC PLANNING
BSECESEP-3A-T 2023
WHAT I S STRATEGIC
PLANNING ?
Strategic planning is the skill of developing precise
business plans, putting them into action, and analyzing
the results in relation to a company’ s overarching long-
term goals or wants.
.
BENEFITS OF STRATEGIC PLANNING
MA NA GE ME NT
STRATEGY
FORMULATION
BSECESEP-3A-T 2023
WHAT I S
S TRATEGY
FORMULATION
S t ra t e g y f o r m u l a t i o n is t h e p r o c e s s of
using ava i l a b l e k n o w l e d g e t o d o c u m e n t
t h e i n t e n d e d d i r e c t i o n of a b u s i n e s s a n d
t h e a c t i o n a b l e s t e p s t o r e a c h i t s goal.
A c c o r d i n g t o a s u r v ey b y B r i d g e s
B u s i n e s s C o n s u l t a n cy , just t w o - th i r d s of
business leaders believe their
o r g a n i z a t i o n is g o o d at c ra f t i n g s t ra t e g y.
0 02 03 04 05
1 02
Steps of Strategy
1 . ESTABLI SHI NG ORGANI ZATI ONAL
OBJECTI VES
This i n v o l v e s e s t a b l i s h i n g l o n g -
t e r m g o a l s of an o rga n i z a t i o n.
Strategic d e c i s i o n s can be taken
once the organizational
o b j e c t i v e s are d e t e r m i n e d .
Re v i e w o r d e f i n e y o u r c o m p a n y '
s vision.
Dis c o ver t he c o m p any ' s
s t re n gt h s and w e a k n e s s e s
C o n s i d e r i m p o r t a n t fa c t o r s .
D i s c u s s with o t h e r e m p l o y e e s
D ra f t a f i v e - y e a r p la n .
O rg a n i ze yo u r o b j e c t i v e s .
Se t d e a d l i n e s .
A s s i g n m e n t of
objectives.
2 . ANALYSIS OF ORGANIZATIONAL
ENVIRONMENT
This i n v o l v e s S W OT a n a l y si s,
meaning identifying the
c o m p any ’ s s t re ngt hs
and weaknesses and
keeping
v i g i l a n c e o ve r c o m p e t i t o r s ’
actions to understand
o p p o r t u n i t i e s and threats.
C o n d u c t internal and
external research
R e s e a r c h is t h e s e c o n d s t e p
in s t r a t e g y f o r m u l a t i o n .
3 .FORMING QUANTITATIVE GOALS
D e f i n i n g t a r g e t s s o as t o m e e t
t he c o m p any ’ s s ho rt - t e rm
and long-term objectives.
W h e n c ra f t i n g y o u r s t ra t e g y,
e xam ine y o ur o rganizat io n’
s f i n a n c i a l s t a t e m e n t s, along
w i th h i s t o r i c a l s t r a t e g i e s t h a t
h ave b e e n s u c c e s s f u l a n d
u n s u c c e s s f u l . Also, a n a l y z e
c a s e s t u d i e s of o t h e r
businesses and the e c o n o m i c
principles that underlie them
t o i n f l u e n c e y o u r own g r o w t h
s t ra t e g i e s .
4 .PERFORMANCE ANALYSIS
This is d o n e t o e s t i m a t e t h e
d e g r e e of va r i a t i o n b e t w e e n t h e
actual and the standard
p e r f o r m a n c e of an o r g a n i z a t i o n .
St rat e gy is it e rat ive , it ’ s
n o t just a b o u t p l a n n i n g a n d
it
d oesn’ t end at
e x e c u t i o n . Re v i e w
p r o g r e s s re g u l a r l y
5 .SELECTION OF STRATEGY
Th i s i s t h e f i n a l s t e p o f
s t r a t e g y f o r m u la t i o n . I t
i n v o lv e s
e va l u a t i o n of t h e a l t e r n a t i v e s a n d
s e l e c t i o n of t h e b e s t s t r a t egy
amongst them to be the strategy
of t h e o rg a n i z a t i o n .
W h e n i t c o m e s to s t r a t e g i c planning,
s e n io r le a d e rs a n d m a n a g e rs — s u c h a s
th e C E O , e xe c u tiv e te a m , a n d b o a rd
o f d i r e c t o r s — s e t the early s t a g e s in
m o t i o n b y deter min in g their
organization' s vision an d the guiding
p rin c ip le s b e h in d i ts m is s io n , e th o s ,
and
operational goal.
S e n io r L e a d e rs h ip &
M anag em ent Employees
S ta k e holders
ENGINEERING
MA NA GE ME NT
SWOT ANALYSIS
PEST ANALYSIS
BSECESEP-3A-T 2023
SWOT AN ALYSIS
Can be either:
• A strong brand
• Loyal customer base
• A strong balance sheet
• Unique technology
WEAKNESS
Where business needs to improve
An Areas where business needs to
improve to remain competitive
• A weak brand
• Higher-than-average turnover
• High levels of debt
• An inadequate supply chain
• Lack of capital
WEAKNESS
Where business needs to improve
An Areas where business needs to
improve to remain competitive
• A weak brand
• Higher-than-average turnover
• High levels of debt
• An inadequate supply chain
• Lack of capital
OPPORTUNITIES
Common threats
• Rising cost for materials
• Increasing competition
• Tight labor supply
ENGINEERING
MA NA GE ME NT
PEST ANALYSIS
BSECESEP-3A-T 2023
W h a t i s P E S T A N A LY S I S ?
• Government spending on
technological research may also be
a point of interest in this area
REFERENCES
1] TIPS FOR SUCCESSFUL STRATEGY FORMULATION | HBS ONLINE. ( 2020 ,
OCTOBER 14).BUSINESSINSIGHTSBLOG.
HTTPS://ONLINE.HBS.EDU/BLOG/POST/STRATEGY-
FORMULATION#:~:TEXT=WHAT%20IS%20STRATEGY%20FORMULATION%3F,AND%20VA
LIDATION%20OF%20BUSINESS%20GOALS
MA NA GE ME NT
QUESTIONNAIRES
BSECESEP-3A-T 2023
Question 1
A. Strategic Planning
B. Mission
C. Management
D. Vision
Question 1
It is the process of creating a strategy while
coordinating the workflow and operations of
individuals using their objectives and
resources available in the organization.
A. Strategic Planning
B. Mission
C. Management
D. Vision
ANSWER: C
Question 2
ANSWER: C
Question 3
A. Strategic Planning
B. Vision
C. Mission
D. Management
Question 3
It defines the fundamental purpose of an
organization,
or an enterprise, succinctly describing why
it exist and what it does to achieve its
vision.
A. Strategic Planning
B. Vision
C. Mission
D. Management
ANSWER: C
Question 4
A. Strategic Planning
B. Mission
C. Vision
D. Management
Question 4
A. Strategic Planning
B. Mission
C. Vision
D. Management
ANSWER: C
Question 5
A. Strategy Formulation
B. Swott Analysis
C. Strategic Planning
D. Management
Question 5
It is the skill of developing precise
business plans, putting them into action,
and analyzing the results in relation to a
company’ s overarching long-term goals
or wants.
A. Strategy Formulation
B. Swott Analysis
C. Strategic Planning
D. Management
ANSWER: C
Question 6
A. Strategic Planning
B. Swott Analysis
C. Strategy Formulation
D. Management
Question 6
A. Strategic Planning
B. Swott Analysis
C. Strategy Formulation
D. Management
ANSWER: C
Question 7
A. Establishing Management
B. Forming Quantitative Goals
C. Selection of Strategy
D. Performance Analysis
Question 7
This is the final step of strategy
formulation. It involves evaluation of the
alternatives and selection of the best
strategy amongst them to be the strategy
of the organization.
A. Establishing Management
B. Forming Quantitative Goals
C. Selection of Strategy
D. Performance Analysis
ANSWER: C
Question 8
What are the three Aspects of
Strategy Formulation?
A. Strength, Weakness,
Opportunities, and Threats
B. Political, Economical, Social, and
Technological
C. Corporate, Business and
Functional Level Strategy
D. Planning, Organizing, Leading,
and Controlling
Question 8
What are the three Aspects of Strategy
Formulation?
A. Strength, Weakness, Opportunities, and
Threats
B. Political, Economical, Social, and
Technological
C. Corporate, Business and Functional
Level Strategy
D. Planning, Organizing, Leading, and
Controlling
ANSWER: C
Question 9
A. Strategy Formulation
B. Strategic Planning
C. Swott Analysis
D. Management
Question 9
A. Strategy Formulation
B. Strategic Planning
C. Swott Analysis
D. Management
ANSWER: C
Question 10
A. True
B. False
Question 10
A. True
B. False
ANSWER: A
Question 11
A. Swott Analysis
B. Planning
C. Pest Analysis
D. Controlling
Question 11
Assess major external factors that
influence its operation in order to become
more competitive in the market?
A. Swott Analysis
B. Planning
C. Pest Analysis
D. Controlling
ANSWER: C
Question 12
A. Controlling
B. Organizing
C. Planning
D. Leading
Question 12
A. Controlling
B. Organizing
C. Planning
D. Leading
ANSWER: C
Question 13
A. True
B. False
Question 13
A. True
B. False
ANSWER: A
Question 14
A. Selection of Strategies
B. Analysis of an Organizational
Environment
C. Establishing Organizational
Objectives
D. Forming Quantitative Goals
Question 14
A. Selection of Strategies
B. Analysis of an Organizational
Environment
C. Establishing Organizational Objectives
D. Forming Quantitative Goals
ANSWER: C
Question 15
This involves SWOT analysis, meaning
identifying the
company’ s strengths and weaknesses
and keeping vigilance over competitors’
actions to understand
opportunities and threats.
A. Selection of Strategies
B. Establishing Organizational Objectives
C. Analysis of an Organizational
Environment
D. Forming Quantitative Goals
Question 15
This involves SWOT analysis, meaning
identifying the company’ s strengths and
weaknesses and keeping vigilance over
competitors’ actions to understand
opportunities and threats.
A. Selection of Strategies
B. Establishing Organizational Objectives
C. Analysis of an Organizational Environment
D. Forming Quantitative Goals
ANSWER: C
Question 16
A. Selection of Strategies
B. Establishing Organizational Objectives
C. Forming Quantitative Goals
D. Analysis of an Organizational
Environment
Question 16
A. Selection of Strategies
B. Establishing Organizational Objectives
C. Forming Quantitative Goals
D. Analysis of an Organizational Environment
ANSWER: C
Question 17
A. Selection of Strategies
B. Establishing Organizational Objectives
C. Performance Analysis
D. Analysis of an Organizational
Environment
Question 17
A. Selection of Strategies
B. Establishing Organizational Objectives
C. Performance Analysis
D. Analysis of an Organizational Environment
Answer: C
Question 18
A. True
B. False
Question 18
A. True
B. False
Answer: A
Question 19
A. Vision
B. Mission
Question 19
A. Vision
B. Mission
Answer: A
Question 20
The of TUP is stated in Section 2 of P.D. No. 1518 as follows:
The University shall provide higher and advanced vocational,
technical, industrial, technological, and professional education and
training in industries and technology, and in practical arts leading to
certificates, diplomas and degrees. It shall provide progressive
leadership in applied research, developmental studies in technical,
industrial, and technological fields and production using indigenous
materials; effect technology transfer in the countryside; and assist in
the development of small-and-medium scale industries in identified
growth centers.
A. Mission
B. Vision
Answer: A
Question 20
The of TUP is stated in Section 2 of P.D. No. 1518 as follows: The
University shall provide higher and advanced vocational, technical, industrial,
technological, and professional education and training in industries and
technology, and in practical arts leading to certificates, diplomas and degrees.
It shall provide progressive leadership in applied research, developmental
studies in technical, industrial, and technological fields and production using
indigenous materials; effect technology transfer in the countryside; and assist
in the development of small-and-medium scale industries in identified growth
centers.
A. Mission
B. Vision
ANSWER: A
THANKS FOR ENGINEERING
MA NA GE ME NT
LISTENING!