STRATEGIC PLANNING AT THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY

The approach to strategic planning is basically the same whether it is being performed in the private or public sector. What differs is the relative emphasis placed on particular factors. The public sector tends to focus, of course, more on issues of public and legislative policy. In addition, more attention seems to be paid to problems in the public sector rather than opportunities, which tend to consume much of the effort in the private sector. This may be because the public sector operates so much in a fish bowl. Whether applied to the public or private sectors, there are eight major components to the systematic process of strategic planning: (1) scanning the environment; (2) defining mission, objectives, and goals; (3) undertaking situational analysis; (4) determining "critical strategic issues"; (5) developing alternative strategies; (6) selecting a strategy; (7) implementing strategy; and (8) tracking for corrective action. This presentation describes how this process is carried out at the Port Authority of New York and New Jersey. and New Jersey.

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  • Accession Number: 00451421
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Aug 27 2004 9:58PM