Title :
Strategic planning leadership through constraint management
Author :
Maday, Clarence J. ; Hart, J. G Jerry
Author_Institution :
Dept. of Mech. & Aerosp. Eng., North Carolina State Univ., Raleigh, NC, USA
Abstract :
Strategic planning includes high visibility components such as profitability and market share, a secure employee environment, and customer satisfaction. Less visible are planning for an uncertain future, decisions which make the best use of limited resources, and the implementation of these plans and decisions. The authors recommend structured planning tools to impose some objectivity on a subjective process, and a combination of constraint management and intelligent resource deployment to minimize risks associated with strategic investment decisions that have long term consequences
Keywords :
investment; risk management; strategic planning; constraint management; customer satisfaction; decision making; high visibility components; intelligent resource deployment; long term consequences; market share; objectivity; profitability; risk minimisation; secure employee environment; strategic investment; strategic planning leadership; structured planning tools; subjective process; uncertain future; Aerospace engineering; Customer satisfaction; Engineering management; Lakes; Manufacturing; Mechanical engineering; Process planning; Profitability; Resource management; Strategic planning;
Conference_Titel :
Engineering Management Conference, 1995. Global Engineering Management: Emerging Trends in the Asia Pacific., Proceedings of 1995 IEEE Annual International
Print_ISBN :
0-7803-2799-3
DOI :
10.1109/IEMC.1995.524591
