Strategic Planning

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Description of Strategic Planning. Explanation.


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Definition Strategic Planning. Description.

Strategic Planning consists of the process of systematically developing and implementing activities and plans to reach the goals, purpose and objectives of the organization within the strategic context (environment).


SP is a continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; systematically organizing the efforts needed to carry out these decisions. It may or may not also include measuring the results of these decisions against the expectations through organized systematic feedback.

SP is the application of thought, analysis, imagination and judgment. It is a responsibility rather than a technique. It is the analytic thinking and commitment of resources to action. It deals with the futurity of present decisions.

Strategic Planning versus Strategy

SP is more or less a synonym for Strategy, but the term "planning" has a deliberate meaning attached to it, while "Strategy" can accommodate both the emergent, flexible, dynamic vision to strategy formation as well as the traditional deliberate, intended, military, planned form. In other words, SP is one of the Ten Schools of Thought (The Planning School) as described by Mintzberg. However, In everyday parlance, SP is considered and used as a synonym of strategy.

Steps in a Strategic Planning Process

A strategic planning process can take many forms. For the classical steps see Armstrong's Five Strategic Planning Steps.

A strategy process can be more or less deliberate (planned) or emergent (flexible).

Strategic Planning Forum
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  Classical Strategic Planning Process
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Strategic Planning Special Interest Group

Special Interest Group


Best Practices - Strategic Planning Premium
  Strategic Planning must be Dynamic
No doubt strategic planning is dynamic.
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  S T R A T E G Y Acronym
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  Is Strategic Planning Passé?
Is strategic planning in the traditional sense pas...
  Strategic Thinking versus Operational Thinking?
What is the difference between strategic and opera...

Expert Tips - Strategic Planning Premium

Strategic Planning versus Strategic Thinking (Mintzberg)Sign up

According to Mintzberg (1994) many people wrongly ...
Usage (application): Strategic Planning, Strategic Thinking, Emergent Strategy, Deliberate Strategy

Resources - Strategic Planning Premium

Introduction to Strategic Planning and The ABCDE ModelSign up

Good overview presentation that also describes a 5...
Usage (application): Strategic Planning, ABCDE Model, SWOT Analysis, Corporate Mission, Strategic Vision

Top 5 Strategy PitfallsSign up

Strategy is complex and companies are making many ...
Usage (application): Strategy Errors, Strategy Traps, Strategy Barriers, Strategic Planning, Strategy Process

7 Steps for Creating a Strategic Business PlanSign up

Presentation about strategic planning and business...
Usage (application): Strategic Planning, Strategic Management, Business Planning, Business Plan

Overview of a Strategic Planning ProcessSign up

Direct and easy-to-follow overview model and summa...
Usage (application): Initial Understanding of a Strategic Planning Process

Roger Martin: Five Key Choices of StrategySign up

Roger Martin describes five key questions a compan...
Usage (application): Initial Understanding of Strategy

Conducting a Strategy Review (Strategic Review). Types and TipsSign up

Erica Olsen explains how to run a strategy review,...
Usage (application): Strategy Review, Strategic Management, Strategy Process

News about Strategic PlanningSign up


Videos about Strategic PlanningSign up


Presentations about Strategic PlanningSign up


Books about Strategic PlanningSign up


More about Strategic PlanningSign up


Compare with: Five Forces  |  Core Competence  |  Deliberate Strategy  |  Emergent Strategy  |  Hoshin Kanri - Policy Deployment  |  Strategic Analysis

Special Interest Group Leader
Mellacheruvu Adi Saasthry


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