Components of the Strategic Planning Process

Strategic planning is a process that helps an organization allocate its resources to capitalize on opportunities in the marketplace. Typically, it is a long-term process. The strategic planning process includes conducting a situation analysis and developing the organization's mission statement, objectives, value proposition, and strategies. Figure 2.2 "The Strategic Planning Process" shows the components of the strategic planning process. Let's now look at each of these components.

Figure 2.2 The Strategic Planning Process


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  • line 71 of /lib/classes/hook/output/before_footer_html_generation.php: call to get_plugins_with_function()
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