strategic plan

Strategic Plan

What is Strategic Plan? Definition, Features, Process, and Importance

What is Strategic Plan? The strategic plan is a long-term plan that aims for better formulation and implementation strategy to achieve organizational goals and sustainable competitive advantage. It specifies where an organization will go in the future, how it will get there, and how it will know whether it has there or not. A strategic …

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process of strategic planning

6 Essential Steps of Strategic Planning Process (Explained)

What is Strategic Planning? Strategic planning is the process of making a comprehensive master plan stating how the organization will achieve its mission and objectives. It is dynamic and long-range planning which focuses on the organization as a whole. Strategic planning determines how to achieve long-term goals, minimum of five years, with the use of …

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