What is Strategic Planning?
Strategic Planning is a process that helps organizations achieve their goals and objectives. It involves defining the organization's mission, vision, and values; conducting an environmental scan; setting goals and objectives; developing strategies to achieve those goals; and implementing and monitoring the plan.
Why is Strategic Planning Important?
it helps organizations to:
- Stay focused on their goals and objectives.
- Identify and address potential challenges.
- Allocate resources effectively.
- Measure their progress and make necessary adjustments.
How to Implement Strategic Planning?
1. Mission and Vision.
2. Environmental Analysis.
3. SWOT Analysis.
4. Goal Setting.
5. Strategy Formulation.
6. Action Planning.
7. Implementation and Execution.
8. Evaluation and Control.
9. Review and Adaptation.
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