3 Main Activities of Strategic Planning

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3 Main Activities of Strategic Planning
akram muhaisen, CxO / Board, Jordan

Simply put, strategic planning determines where an organization is going over the next year or more and how it's going to get there. Typically, the process is organization-wide, or focused on a major function such as a division, department or other major function.
We can distinguish 3 main activities within strategic planning:
1. Strategic analysis,
2. Setting strategic direction,
3. Action planning.

Stages of Strategic Planning
ruchika rana, Student (MBA), India
Strategic planning is the art and science of formulating, implementing, and evaluating cross functional decisions that enable an organization to achieve its objectives.
Stages of Strategic Planning
- Evaluating reasons and triggers – analyzing the need
- Formulating and evaluating alternatives
- Organizing – structure and resource allocation
- Implementing
- Measuring and controlling, review.

On 1. Strategic Analysis
Osmany Altamirano, Director, Nicaragua
This activity includes the exploration and revision of the external atmosphere where the organization is developed (political, social, economic and technical facors). In so called PEST Analysis, the planners carefully consider several impelling forces in the atmosphere, for example, the demographic data, organizational changes, analysis of the competition, national and international processes of change in governments and policies.
These result in Opportunities and Threats (SWOT Analysis - in Spanish the abbreviation is Análisis FODA) with respect to the organization.



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Mellacheruvu Adi Saasthry

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