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

Strategic picture 2 - Essay ExampleAfter evaluating its strategic planning in terms of the first five steps proposed by Chabotar (2006), this essay would present and prize the next five steps of strategic planning, to wit (6) strategic and other indicators, (7) evaluation, (8) action steps, (9) revenue and cost 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. in that respect 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 o ther financial capital, within acceptable levels of risk, in regulate to better support the institutions pedantic 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 competency and staff (3) Increase scholarship support for students over the next five years and reduce self-help and debt levels, which straight off exceed those of our peers. Ensure that undergraduate and graduate financial-aid policies are consistent with recruitment and enrollment priorities and (4) Ensure big academic administration by refining deans search procedures and improving succession planning, among others. (Cornell University, Strategic Plan, 2009)As two revenue and cost are critical inputs to a