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Strategic Planning - Definition

Definition Strategic PlanningStrategic planning is a management 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 company and/or department. In order to develop a comprehensive plan for your company and/or department which would include both long-range and strategic elements, we suggest the methods and mechanisms outlined on the following pages.

The plan must be:

  •  simple
     
  •  written
     
  •  clear
     
  •  based on the real current situation
     
  •  have enough time allowed to give it a time to settle. It should not be rushed. Rushing the plan will cause problems.
     
Published in Strategic Planning
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