Strategic management assignment on: Planning and its correlation with the learning process
Planning and in particular the strategic planning process is termed to be a learning process. But there is a large variation in terms of the extent which the strategic planning constitutes the learning process. Many authors had even mentioned that a formalized strategic planning process may discourage the learning process which may turn out to be counterproductive in the effectiveness of planning. Planning has been regarded as the prospective thinking which anticipates the future course of actions. So while the process of planning is carried out the managers discover the place they stand, the place they want to go, the path they need to adopt to reach their goals, and numerous other things. It is said that the learning processes are a result of better understanding of the business systems especially for those who are directly participative in the planning process.
Thus it can be said that planning has a direct correlation with the learning process within the organization. Learning and understanding the needs of the business process is further enhanced with disciplined planning processes. Moreover with detailed planning and distributed roles as per the predefined parts of the planned process helps the people specialize in their respective areas and ensure that the next time they take much lessor time when a plan is implemented. The experience could be made fruitful only if the plan his very good and detailed. This makes the process smoother and increase the possibility of achieving the targets as per the anticipated time periods.
Good Planning helps in enhancing the learning experience
In a constant urge to reach newer heights organizations tend to follow each and every possible process. However it might just happen that while implementing plans the desired set of activities may not be performed. It may also happen that organizations start of setting unrealistic targets from the start and realize later. Whatever the case may be it is evident that while a plan is prepared or while it is implemented there are hosts of things which the management and the actively involved employees learn. There are two learning process which may happen while planning is being done. One of them is at the stage where the plan is being prepared and the other is the one when its implemented and proper evaluation and follow up is conducted.
During the stages of preparing the plan several analysis are conducted which tends to find out the actual standings of the company with respect to the market and its competitors. These results which are obtained by the analysis may yield some surprising facts and figures which can actually show the actual picture of the company. Besides just basing the plans that are being prepared on them the administrators can also take care of the flaws which might get reflected during these studies. The other learning which usually is facilitated by good planning is the results every step taken yields. Innovative ideas can bring in the targets but a good plan is required to achieve them. Moreover amidst all these a proper implementation of a plan gets highly essential. The practical field staffs usually tend to learn the impacts of each of the steps that get implemented as per the planned procedures. What this would mean is that the employees learn the process of achieving specified targets and if the plan is good gain experience to carry out newer processes with ease in future.
Learning could well be a driver for a possible innovation
A good planning surely holds the key for the innovation and learning but one of the other implications it has indirectly yielding innovation out of the learning. One of the other factors to consider is that while good planning would facilitate learning it may indirectly contribute towards a new innovation. Yes this could also be possible while the planning process is underway and managers learn a new thing every day they may come out with innovative ideas. These ideas could be anything from further improving the efficiency of the work or implementing a new idea to another project of the company and make it profitable. So a good plan may stand out as a model on occasions for the managers to create new innovative ideas and increase the profitability of the organization.
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