Strategic plan 2 Essay Example | Topics and Well Written Essays - 500 words

Strategic plan 2 - Essay Example After evaluating its strategic planning in terms of the first five steps proposed by Chabotar (2006), this essay would present and assess the next five steps of strategic planning, to wit: (6) strategic and other indicators, (7) evaluation, (8) action steps, (9) revenue and costs; and (10) assessment. Cornell University identifies specific goals and missions per colleges and divisions, in addition to the over-all university mission, vision, and objectives. By closely monitoring the progress of these colleges and divisions, the scope of achievement in organizational goals is clearly measured. In evaluating the strategies enumerated, the CASH model would be a tool to assess the viability of the plan. There is a need to refine budget and capital planning processes, seeking greater transparency, accountability, and alignment of resources with priorities. In addition, the strategies should maximize the investment return of Cornells endowment and other financial capital, within acceptable levels of risk, in order to better support the institutions academic mission. To achieve the clearly defined organizational goals and objectives of Cornell University, the following action plan is recommended: (1) Continue to invest in areas of long-standing disciplinary and interdisciplinary strength, which have given Cornell a well-deserved reputation for academic distinction; (2) Provide competitive pay and benefits, and research support to recruit and retain the best faculty and staff; (3) Increase scholarship support for students over the next five years and reduce self-help and debt levels, which now exceed those of our peers. Ensure that undergraduate and graduate financial-aid policies are consistent with recruitment and enrollment priorities; and (4) Ensure outstanding academic administration by refining deans search procedures and improving succession planning, among others. (Cornell University, Strategic Plan, 2009) As both revenue and cost are critical inputs to a

Highlights of my study project at CSU Essay Example | Topics and Well Written Essays - 1250 words

Highlights of my study project at CSU - Essay Example Additionally, the total cost for semester one will amount to $27,288. This will be financed by the Kuwait government, who is my main sponsor as a result of the educational scholarship that they gave to me. Moreover, my parents will also assist me by paying for my monthly rent as well as providing the necessary support during my time in Bathurst. The relevant plan and total cost of the projects assessment relating to this course was facilitated by Microsoft Project 2013. Specifically, Microsoft Project 2013 facilitated the incorporation of a Gantt chart, recourses sheets as well as the relevant cash flow sheets that depict exactly the total costs for this course during semester one. The introduction to the study plan at SCU will mainly assess and discuss the main project goals, assumptions of the project, the main project’s scope as well as an analysis of the relevant stakeholders that are critical in the attainment of the overall goal of the project. There is a need to communi cate the project, for it is critical (Kloppenborg T, 2012). Therefore the management aspect of it is necessary. Stakeholder management is critical to project success (Reeder, 2013). Considering that there is a management aspect of it, the inclusion of goals is necessary. Goals are important to projects (Mashman, 2013). The reason why they are important is because they serve as the point by which the management should achieve. Goals are necessary because they could stand as guiding points to somewhere the management wants to situate itself both in the short and long-term run.