Publication Date: 2023/06/01
Abstract: This study aimed to analyze the corporate planning strategies of PhilRice and provide recommendations to improve them. A semi-structured interview guide was used to gather information from senior executives, department heads, and other employees involved in the planning process. The study found that PhilRice's most frequently used corporate planning strategy was consultations and discussions with key stakeholders. However, the low percentage of respondents who reported setting clear goals and objectives highlights an area for improvement. Regular communication and collaboration among departments and teams were found to be the most effective strategy in achieving PhilRice's goals and objectives. The study also identified challenges and barriers to the implementation of these strategies and developed recommendations to address them. The recommendations included developing a more comprehensive monitoring and evaluation system, enhancing communication and collaboration among teams, setting clear goals and objectives, and improving the implementation of strategies through training and development programs. The study concludes that by implementing these recommendations, PhilRice can improve its corporate planning strategies and achieve its goals and objectives more effectively.
Keywords: Corporate Planning, Philrice, Consultation, Communication, Collaboration, Goals, Objectives, Monitoring and Evaluation, Training, Development.
DOI: https://doi.org/10.5281/zenodo.7995126
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23MAY1525.pdf
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