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About this document
- Pages
- 8 pages
- Price
- $8 one-time, yours to keep
- Membership
- Included in every plan
- Format
- Subject
- Business Management, Strategic Management
- Module
- MSTM 6023
This case study examines Powys Mediation, a small organization in Wales that resolves disputes and conflicts. It discusses the organization’s strategic planning process, the role of a consultant, and the development of a strategic business plan using the Balanced Scorecard. It is useful for students studying strategic planning and business management.
What's inside
- Overview of Powys Mediation
- Strategic planning process
- Role of the consultant
- Balanced Scorecard framework
- Alternatives for the upcoming financial year
Who it is for: Students taking a course in strategic planning or business management. (Postgraduate)
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Summary
Powys Mediation is a small non-profit organisation in Wales. It resolves disputes and conflicts. It is going through a strategic planning process. Students learn about strategic planning in a small non-profit organisation.
Powys Mediation's Situation
Powys Mediation is a small organisation. It has a part-time coordinator and 20 volunteers. It has an annual income of £18,000. It is going through a strategic planning process.
Strategic Planning Process
Powys Mediation applied for funding to hire a consultant. The consultant helped the organisation develop a business plan. The planning process took about three months. The consultant helped the organisation to make clear decisions.
Alternatives for the Future
Powys Mediation has three alternatives for the future. These are to develop a strategic business plan on its own. Or to re-hire the consultant. Or to do nothing. The organisation must decide how to proceed in the new financial year.
Proposed Course of Action
The proposed course of action for Powys Mediation is to develop and execute a strategic business plan. The organisation should implement the balanced scorecard. The organisation should consider which business processes are most critical for executing the strategy.
Key terms
- Balanced Scorecard
- A tool that applies a number of metrics to the overall performance of the organization.
- Strategic Planning
- The process of developing a plan to achieve an organization's goals.
- Business Plan
- A document that outlines the goals of an organization and the steps it will take to achieve them.
- Consultant
- A person who provides expert advice in a particular area.
- Proactive
- Taking action to solve a problem before it becomes a crisis.
- Reactive
- Responding to a problem after it has become a crisis.
Questions this document helps with
- What is strategic planning?
- How does Powys Mediation plan to proceed?
- What are the benefits of a balanced scorecard?
Summary written with AI from the document's text.
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