Question

Define the 4 steps of strategic planning for an organization: formulation, operationalizing, execution, and monitoring. Include legal and ethical considerations for each part of the strategic planning process. The answer must be evidence based practice.

Answer 1

Strategic formulation can also be termed to be sharing the necessary data or information to the team which has been planned.The legal and ethical considerations and concern which can arise is because of the funding process ,resource availability.

Strategic operationalizing refers to the scanning or identifying of the issues or problems and planning a goal .So all strive towards achieving it .The consideration here is the acceptance of the concept of the plan. There are chance the team members can refuse accepting it.

Strategic execution is the step which is involved in implementation of the plan .The consideration here is getting adequate approval and involving all to work towards the goal consistently and with sincerity.

Strategic monitoring in simple refers to the assessment of the progress of a plan .This can enable to identify the error and necessary changes which has to be done can be initiated .The consideration here is the risk for error while monitoring leading to misunderstanding.