GOPST
Goal, Objectives, Plans, Strategies, Tactics see
SWOT - Strength, Weakness, Opportunties, Threats
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witiger.com/ecommerce/GOPST-student-assignments.htm
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For the students of Prof.
W. Tim G. Richardson, Toronto, Canada
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.. | This GOPST and
SWOT unit is used in
o MGTD06 o MRK106 o MRK610 and MRK 410 o BCS555 o BUS203 o MGS523 o MGD415 o CCT224 |
Not all of the material in this unit will be used in each of these courses; the amount of material covered will be indicated by the actual lecture given in class by the professor. Some courses cover this topic extensively, some courses deal with it briefly. |
GOPST in "real life"
pictured is Prof. Richardson with Mike Assad (a graduate of Computer Engineering at UofT in 2001) and Jon Voight co-founders of www.edentity.ca. holding the GOPST diagram they worked on. |
WTGR met with Mike and Jon
several times to discuss the details of their corporate Goal, measurable
Objectives to achieve that Goal, and what Plans would be required to accomplish
the Objectives. In "real life" this is a time consuming process that can
take many weeks and involve a lot of research and hours of discussion,
but, when concluded it can be very valuable to a company in a competitive
environment since the company can focus on "doing" and not waste time "thinking
about doing" since that is now laid out in the GOPST.
Edentity was on the Profit Magazine list of the 50 fastest growing companies in Canada in 2006 and 2007. |
A screen capture video showing how popular this page is on Google using various search sequences associated with the words Goal, Objectives, Plans, Strategies, Tactics |
A screen capture shoing
the scene in Men In Black where Will Smith uses the table to write his
test on
youtube.com/watch?v=dijVbM9DpxU .. think about this when you lay out your GOPST diagram - use a horizontal layout instead of a vertical layout ... the table scene is at 2:00 in the clip |
Learning
Objectives for this Unit |
GOPST - SWOT
Many people put up a website without clearly thinking how the site may fit into the corporate Goal and Objectives. The purpose of this unit is to educate the reader about the fundamental things you must consider to properly conceive and write G.O.P.S.T. Secondly, it is intended that after reading this material, and doing the group exercise at the end, the student will be able to create wording for Objectives that will satisfy a Goal, and understand that it is important to write Objectives carefully so that you express things that can be measured and achieved. The third objective of this unit is to explain the purpose of Plans and how Plans are the time related coordination of Strategies which, when executed properly, will allow people to achieve the Objective. If the Objective is not achieved, then the Plans have to be changed. Fourth - Strategy is an over-used term and it is often applied in situations where the word "Plan" is more appropriate to use. The fourth objective of this unit is to properly explain the role of Strategies and a describe how they are created from specific action items - which we call Tactics. Lastly, we will look at the foundations for achieving Goals - that is the proper development of good tactics ; the actual things you do, such as ... go here, read this, phone them, type this, buy that, etc, |
Not
only do I hope you understand this material for your course, but perhaps
you can take some of this understanding and apply it to do some consulting
and make some money. There are opportunities to advise companies how to
re-do their websites in the context of a more clearly thought out GOPST
and an e-SWOT after you have done this unit.
WTGR |
This funny Dilbert Cartoon hints at the real truth ... that setting the wording of a Goal is not easy and there are many different ways of chosing the wording, depending on what you are trying to achieve. |
Strategy E-commerce
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Rob Spiegel wrote
a story in the Jan 26th, 2001, E-Commerce Times titled
"Report: 70 Percent of Retailers Lack E-Commerce Strategy" Rob's story was based on
a new study by Deloitte and Touche that shows that while roughly
one third of retailers with a Web presence consider their online store
to be "strategic," a majority have set up Web operations with
no clearly articulated strategy, and are merely "testing the waters
to gauge Internet demand."
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Key Points | Many people clearly misunderstand
the corporate meaning of the word strategic and confuse it with the related
terms "tactics" or "plans".
Clearly, Rob's story, and other points we will discuss in this class, strongly suggests there is indeed a market for people to advise and consult to companies as "E-commerce Strategists". That is to say, they may already have a web site up and running, your job is to massage it and see that it fits the company's objectives. WTGR |
Strategy |
Components of a good e-commerce
strategy
First, understand how Strategy fits into the overall corporate planning framework
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MISSION STATEMENTS |
Sometimes companies also
have Mission Statements in addition to a Goal. One of the big differences
between a Mission Statement and a Goal is that a Mission Statement is often
worded in such a way that it can be used in advertising and P.R. For example
- the corporate Goal might be
"To be the largest forest products company in Canada" the Mission Statement might be "Contributing to our Environment, through Responsible Harvesting". They don't like to convey the image of "cutting down trees", so they use a euphemistic phrase "harvesting". WTGR |
explained GOALS |
Goals--
Goals are the ultimate thing you want to achieve. Usually a Goal is a single
thing, but in some cases it can be two things. If there are more than three
Goals - then maybe they aren't Goals, but rather Objectives. Goal are the
statements that a company uses to motivate employees and statements used
to judge and measure challenges that you face.
Goals are supposed to be what you end up with , if you have achieved your objectives. Excellently worded goals should include statements indicating something that can be accomplished from Objectives that are met. Examples:
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explained GOALS |
Sometimes you can explain GOPST in the context of a student's plan for the future, watch the video to see an example. |
explained |
Objectives--"Every
successful online campaign starts with clear objectives. Each objective
should be attainable and tie-in to off-line marketing activities. These
objectives will drive the overall direction of any plans, and will always
help you judge whether a plan is working or not by how it can achieve the
objectives.
If the Goal is to be "the largest on-line cosmetics retail site on the planet", then logically speaking one would have to have measurable objectives such as
To be "the largest on-line
cosmetics retail site on the planet" requires some measurable Objectives
to meet that goal. Other than the "geographic" aspect noted in the three
points above, the following examples could be typical Objectives, which,
if accomplished, would allow you to state that you had achived your Goal
(theoretically if you have the largest product offering, you have the potential to make the largest sales, which helps fulfill the goal) (theoretically if you have the best prices, then you can sell the most) To carry the largest brand selection of cosmetics sold on-line (if you carry the greatest selection, then you have no competition for people to buy elsewhere). |
It may seem like a joke, but it is not funny | This Dilbert
joke might seem funny, but the real truth is that many employees find it
frustrating when a company establishes objectives, and it is not clear
how those objectives are to be achieved.
The boss responds "... it
takes to much effort for me to be clear"
WTGR |
Measurable Objectives
youtube.com/watch?v=eGRo0H-RKx0 Prof. Richardson discussing the importance of developing measurable objectives, with some amusing and interesting examples |
explained OBJECTIVES |
Objectives
Here is another example of a well worded Objective
You can measure if you have 40% of the marketshare - if you do get 40%, you met the Objective, if not, then you have to go back to your plans and change them to make sure you can meet this objective. |
explained |
Plans
-- Plans are the ordered sequences of several strategies with
a time element and additional information identifying supporting resources
(human resources, technical resources, inventory, etc.).
Plans can include such concepts as
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explained PLANS |
Plans
-- Remember what Plans are from your "intro to marketing course"
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explained OBJECTIVES
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this box added
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Objectives
and Plans and the Competition --
A significant part of being able to achieve Objectives is the degree to which you may, or may not, have competition. If there is strong competition from another company, than it would be necessary to have some Plans written to deal with this. It could be
In a highly intense situation you could even have human resource plans to hire special people to help you deal with the threat from a competitor, or, hire the best people from the competition to come and work for your company. So, getting back to Objectives, if your Objective is to have the lowest price for a product, which is part of your Goal to be the # 1 in Sales, then your Plans may includes things like cutting packing costs, or Plans to cut shipping costs, but, part of achieving the lowest price, would be some Plan to find out what the competitor's price is - otherwise you will not know if your price is in fact the lowest. |
"Strategies" - unlike the
Dilbert cartoon, is more than just a kewl word to through out there to
the client.
Often people do something
and call it a strategy when in reality it should be called a Plan. A strategy
by itself is useless, unless it is part of a plan, that has a time relate
component so that you'll know when to do the particular Strategy.
explained STRATEGIES |
Strategies--Strategies
are the collection of various tactics (organized and structured sequences
of actions).
- in terms of conventional marketing definitions, Strategies are the "Target Market" + the "Marketing Mix" The "Target Market" is simply "who" you are selling to The "Marketing Mix" is your 4P's - Product, Price, Promotion, Place and how you mix them to suit what the company wants to achieve Examples:
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Plans - need a time element
How Strategies and Tactics
fit in to Plans
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explained TACTICS |
Tactics--"Tactics
are the specifics of strategies". These are the specific ways and options
you do things in order to carry out various strategies. Depending on which
tactics you are able to employ (based on your access to resources) some
strategies will work, some will fail. "Tactics are the who, what, when
and how of the broad-stroke strategy."
Examples:
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GOPST
in e-commerce
some
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"Good day professor Richardson This morning I read an article in ecommercetimes.com about "Pleasing Customers, Securing Transactions: Having E-Tail Both Ways". I will try to summarize it ... It looks a little odd for online retailers to meet both challenges successfully but if somehow this is done, it will result in higher customer satisfaction, cleaner final reports and better risk control. According to Ecommercetimes.com, it will be up to retailer's executives to provide the performance metrics [like customer (speed), assurance (accuracy) and confidence (security and accreditations)] to the risk management. The interesting thing about the article is that it gives a good example of GOPST. As the article states, the ultimate goal is repeating customers and growing sales. The objectives, leading to the achievement of the goal are improving customer satisfaction and enhancing security for a better protection of transaction information. The plans to achieve these objectives would include: enhancing the easiness of managing customers' accounts, shortening the process of verification of customers' information, reducing delays resulting from the time it takes to navigate through implemented safeguards, reducing chargeback costs and ensuring the accuracy of the financial results and others . As we discussed in class, they have to be measurable, so that efficient risk management metrics are established (as mentioned before)." |
GOPST
in e-commerce
some
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the article Simeon refers
to is at
http://ecommercetimes.com/story/Pleasing-Customers-Securing-Transactions-Having-E-Tail-Both-Ways-61303.html (handed out in MGD415 Jan 22 2008) WTGR
responds
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GOPST related to SWOT | How does GOPST relate to
SWOT?
If you develop a GOPST, it seems obvious that you don't just want to create Goals for the sake of a theoretical exercise, you must want to actually accomplish those Goals through meeting Objectives which come from carrying out Plans. For those Plans to work, you need to know your strengths and weaknesses so when you are developing Strategies to achieve the Plans, those Strategies will take into account the things you are good at, and can do. So before you can define the specific Tactics which will be used to carry out the Strategy, a SWOT analysis must be done. see witiger.com/ecommerce/SWOT.htm WTGR |
GOPST -
Does witiger know what he is talking about? Searching Google with the
words
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IN
CLASS ACTIVITY. |
If your group produces a GOPST which makes sense, you will earn class participation marks. The main purpose of this exercise is that you will understand that
(MRK 410, BCS 555, MGTD06) and clearly explain what is the Goal of what you are doing and what are the measurable Objectives that you can accomplish to reach that Goal. 1.
Pick someone to write down the thoughts of the group
WTGR |
IN
CLASS ACTIVITY. |
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After
the CLASS ACTIVITY. |
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After
the CLASS ACTIVITY |
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After
the CLASS ACTIVITY |
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the CLASS ACTIVITY |
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UTM student Rayn in CCT224 is an accomplished majician and the GOPST of his group involved 3 parts. Part 1 was showing the prof a trick in class. | Part 2 was having that trick taught to someone else in the group who had no majic background. The clip above shows Rayn teaching his "student" | Part 3 was when that person took the newly learned majic skill and was able to do it with the prof. |
GOPST Sept 2012 in CCT224 at University of Toronto, Mississauga Campus
sum'pin in a Pizza Box | Break-up recovery kit
(like, get over it, at least you didn't have 3 kids and a house to sell... just saying) |
to survive a Zombie apocalypse
(for ppl that watch way too much TV and ignore the real world) |
To "improve the UTM student
experience"
(prize for the biggest impact, and most difficult for the prof to carry back to his office... but if you are going for "memorable", you win) |
a YouTube video about being healthy |
witiger.com/ecommerce/GOPST-student-assignments.htm
MGD415 student assignments/videos in Jan 2010
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GOPST
where it comes from? |
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In the tradition
of many business expressions, slang and phrases coming from some military
circumstances - eg. 2i/c; go-no-go; ramping up; "chain of command"; sit-rep,
"red team"; FNG; etc.
In 1990 General Withers explained that most situations involving some supervision of some activity, involving a lot of variables, would follow a sequence he termed GOPST - Goal, Objectives, Plans, Strategies and Tactics. In conversation by phone w Richardson in 2012, General Withers commented that he was interested that this GOPST formula was being used in a civilian context as it is common among people studying management to regularly use the first three steps in the same sequence Goals-Objectives-Plans. |
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