Strategic planning is a process of defining the strategy or direction that an organization is planning to take in the future. The process involves top management or organization making decisions on allocating its resources to pursue this strategy, including its capital and people. As the new year 2016 rolls in, it is important for an organization to strategically plan for the activities to be implemented for the rest of the year. The Polymeric Biometerials Research Lab took the initiative to organize a strategic planning meeting last week. The strategic planning session was organized with the aim to bring together all the key staff who will then bring an infinite flow of life changing ideas to achieve the objectives of the lab and by extension the vision of the university.
The meeting was divided into two parts whereby the first part of the meeting was spent to review the past year’s activities and achievements. All the staff presented the projects that they managed to conduct in 2015 and explain the issues pertaining to the projects. Meanwhile, the second part of the meeting was spent discussing the projects that the team plan to deploy this year. After several hours deliberating on the pros and cons of the projects proposed, the team managed to come up with a solid plan of action.
As critical as business planning is to the success of the lab, all plans are useless unless followed by action. Key people was identified to deploy the projects with specific action plans. The team is definitely more confident in working towards the goals of the lab now that the strategy has been laid out.
