Strategic Planning Definition Pdf Strategic planning is a process of carefully and thoughtfully aligning the strengths of a company s business to the opportunities that are available to the company in its chosen business
KEY CONCEPTS STRATEGIC PLANNING Vision Mission Values Develop a process for shared agreement on mission vision and values from key stakeholders o Mission A statement of why the organization exists at the most meaningful level It is aspirational in that it can never be fully achieved A strategic plan is a management tool that serves the purpose of helping an organization do a better job because a plan focuses the energy resources and time of everyone in the organization in the same direction
Strategic Planning Definition Pdf
Strategic Planning Definition Pdf
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The strategy is a master game plan designed for achieving the objectives of an organisation It is a mix of competitive moves and actions made by the top level Strategy refers to a general plan of action for achieving one s goals and objectives A strategy or general plan of action might be formulated for broad long term corporate goals and objectives for more specific business unit goals and objec tives or
In future we will explore the gaps in understanding of strategic planning suggested vs practiced and arrive at a standard definition of strategic planning Strategic planning enables the organization to form strategy make decisions assign resources and manage programs safely effectively and efficiently Accordingly this paper will explain the main concepts and definitions related to strategic planning generally its practices and relationship with performance
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Strategic Planning Definition Examples And Forms
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Strategic planning is a deliberative disciplined approach to produce fundamental decisions and actions that shape and guide what an organization is what it does and why it does it Bryson 2011 pp 7 8 A DEFINITION OF STRATEGIC PLANNING Strategic planning is a tool for organizing the present on the basis of the projections of the desired future That is a strategic plan is a road map to lead an organization from where it is now to where it would like to be in five or ten years It is necessary to have a strategic plan for your chapter or
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Strategic Planning Definition Examples And Forms
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Strategic Planning Definition Examples And Forms
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Strategic planning is a process of carefully and thoughtfully aligning the strengths of a company s business to the opportunities that are available to the company in its chosen business
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KEY CONCEPTS STRATEGIC PLANNING Vision Mission Values Develop a process for shared agreement on mission vision and values from key stakeholders o Mission A statement of why the organization exists at the most meaningful level It is aspirational in that it can never be fully achieved
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Strategic Planning Definition Examples And Forms
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What Is Strategic Planning Definition And Examples Glossary
What Is Strategic Planning Definition And Examples Glossary
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