An analysis of why strategic planning is important for FBI Research Paper

An analysis of why strategic planning is important for FBI Investigations - Research Paper Example According to Beinhocker (2006 pp 2), when preparing for strategic planning, the management should make sure that decisions made are in line with the strategy of the organization; hence, the management is able to respond effectively to challenges and also opportunities when they occur. An organization should also increase its innovativeness and an open mind to allow room for creative thinking. According to Hanna (1989, pp4), in his article, he emphasizes on the importance of strategic planning being flexible, selective and responsive, such that, it should increase creative thinking and understanding. In addition, managers must embrace the strategy and must aim at meeting the customer’s needs. The author further adds that the management should incorporate a clear mission, a well thought and communicated strategy, and the management drive, in which they are expected to be communicators and motivators to the rest of the staff. The federal bureau of investigation According to FBI ( 2007, pp5), the federal bureau of investigation (FBI) intelligence operations include the war against terrorism. The FBI priorities vary from protecting the United States against foreign intelligence operations and attacks via cyber and high tech crimes. ... Nevertheless, the threats on national security, for instance, the attempt on airline bombing during Christmas by the al Qaeda and the cyber intrusion at Google are some of the challenges that the FBI has had to deal with. Corruption cases are also numerous and so are health scams and ponzi schemes that affect the American citizens who rely on the FBI for justice. Why strategic planning is important for FBI Investigations According to Bryson (2004 pp 301), for an organization to be effective in its strategic planning, it needs to articulate the importance of strategic planning, whereby, they should highlight their competencies, changes, and the strategic issues that the organization is likely to face in the future. The organization should also be willing to commit resources such as money, time, and energy. The leaders should also emphasize that strategic planning will impact change that could be beneficial to the workforce. The management should also be to reward those participants th at contribute to creative thinking, as a way of motivating them for their contributions in creative ideas. Strategic planning is very important for any organization. In addition, it requires the consideration of both internal and external factors (Simerson, 2011 pp 16). Hence, it is evident that a strategic plan can be compared to a road map of an organization. The Strategic Planning Process Mission &   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Objectives  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Environmental  Ã‚   Scanning Strategy   Ã‚  Ã‚  Ã‚  Formulation  Ã‚  Ã‚  Ã‚  Ã‚   Strategy   Implementation  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Evaluation  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   & Control Source: http://www.quickmba.com/strategy/strategic-planning/ Strategic planning process

Economics GCCs Dollar Peg Essay Example | Topics and Well Written Essays - 500 words

Economics GCCs Dollar Peg - Essay Example This trend is considered a major contributor to the rising levels of inflation in the gulf region. The current levels of inflation are stated to be the highest in the last 30 years (Seville, 2008). At the same time the GDP growth started declining during the same period. Zawya (2008) wrote about some of the research studies carried out in 2008 which predicted that the gulf nations would be able to register a lower nominal GDP rise of about 16.4 percent till 2010, provided the crude prices average around $120 per barrel in 2008, $131 in 2009 and $133 in 2010. But, with crude oil prices tumbling down to $50 per barrel in the international market, the situation is starkly different today. Such developments resulted into a serious debate on how the gulf nations should take appropriate measures to handle the situation. In the run up to the discussion towards taking mutually agreed steps for handling the monetary crisis in the gulf region, the GCC started discussing measures like adopting a common currency within the region. 2010 was being talked about as the deadline for coming out for a currency union (Ghafour, 2005). But these plans received a jolt when Kuwait unilaterally decided that it needs to move away from dollar peg. This step was taken by Kuwait central bank in order to contain the rising inflation.