Why Is the Planning Process Referred to As an Iterative Process Discussion Questions

Read the “Module 3” below and then answer the two following questions

Questions: 

1. Write your personal mission statement, vision statement, and values statement.

2. What is an iterative process? Why is the planning process referred to as an iterative process?

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Module 3

Understanding Mission

• Mission Statement

describes what organization needs to do to achieve vision

will be more specific than vision statement

explains how it creates value for the market or the larger community

Understanding Vision

• Vision Statement

is a statement of organization’s overarching aspirations of what it hopes to achieve

should inspire people 

conveys to stakeholders why the organization exists

motivate people to want to be part of and contribute to the organization. 

should be clear and concise, usually not longer than a short paragraph

Understanding Values

• Values Statement

• defines what organization believes in
• describes how people should behave.
• must be reinforced at all levels of organization

called the “code of ethics” 

provides a standard for employees to judge violations.

Sports Companies 

BRING INSPIRATION AND INNOVATION TO EVERY ATHLETE* IN THE 

WORLD *If you have a body, you are an athlete

Mission Statements 

TO BE THE BEST SPORTS BRAND IN THE WORLD

• Understanding Pros and Cons of Planning 
• Pros of Planning Cons of Planning
• Provides a guide for action• Prevents action
• Improves resource utilization• Leads to complacency
• Provides motivation and commitment• Prevents flexibility

Sets performance standards • Inhibits creativity

Allows flexibility

Six Stages of the Planning Cycle

Define objectives

• Develop premises
• Evaluate alternatives
• Identify resources
• Plan and implement tasks
• Determine tracking and evaluation methods

Essential Aspects of the Planning Cycle

Maintaining organizational focus

Defining specific goals to consider the vision, mission, and values of the organization 

Encouraging diverse participation

Provides opportunity for input

Establish planning committees that intentionally include people from diverse backgrounds

Empowering and motivating employees

Empowers people to contribute

Motivates them to support outcomes

What is an Iterative Process?

Organizations have goals they want to achieve, so they must consider the best way of reaching their goals and must decide the specific steps to be taken. 

• However, this is not a linear, step-by-step process. It is an iterative process with each step reconsidered as more information is gathered. As organizations go through the planning, they may realize that a different approach is better and go back to start again.