Strategic Planning

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Description of Strategic Planning. Explanation.

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  1. Summary
  2. Forum
  3. Best Practices
  4. Expert Tips
  5. Resources
  6. Print
 

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
  Should Top Managers be Strategists?
The involvement of top managers in the strategic p...
     
 
  The OGSM Framework
What is OGSM?
The OGSM Framework (Objectives ...
     
 
  How to Help a Team Carry Out Strategic Planning
How can we help a team carry out a strategic plann...
     
 
  Brand Strategy for a Start-up
How critical it is to include a Brand in the Strat...
     
 
  Congruence Model Summary
A business must have a strategy, the strategy must...
     
 
  Markets > Vision > Strategy + Execution
First, vision drives strategy and customers and ma...
     
 
  Strategic Planning and Power
Someone said a year ago that 8 of each 10 efforts ...
     
 
  Overseeing Strategy and Strategic Oversight
Companies find themselves in a fix in times of tra...
     
 
  Strategy Means Directional Initiatives to Protect And/or Improve your Current Position
Today's leaders must be able to impose rapid ch...
     
 
  Strategic Planning in an Opportunity for Involvement
SP is a great opportunity for the organization to ...
     
 
  Strategic Plans Must be Used and Executed!
I know an organization were top management hired a...
     
 
  Strategic Planning is about Elimination
Strategy is about knowing what to sacrifice. It is...
     
 
  Continuous Planning and Control
Strategic planning is seen by many as a process th...
     
 
  Why Strategic Planning is Essential
Unused planning is a wast of time. However, I have...
     
 
  Classical Strategic Planning Process
Classical strategic planning was a deliberate proc...
     
 
  3 Main Activities of Strategic Planning
Simply put, strategic planning determines where an...
     
 
  Shorten the Time Window of Strategic Plans
Setting goals is extremely important within the st...
     
 

Strategic Planning Special Interest Group


Special Interest Group

 

Best Practices - Strategic Planning Premium
  Strategic Planning must be Dynamic
No doubt strategic planning is dynamic.
Strat...
     
 
  Why do Most Strategic Plans Fail?
According to what some people say, 8 of each 10 ef...
     
 
  S T R A T E G Y Acronym
The word STRATEGY if you view it as an acronym is ...
     
 
  Is Strategic Planning Passť?
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)

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 Model

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

Top 5 Strategy Pitfalls

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 Plan

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

Overview of a Strategic Planning Process

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

Roger Martin: Five Key Choices of Strategy

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

Conducting a Strategy Review (Strategic Review). Types and Tips

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

News about Strategic Planning


     
 

Videos about Strategic Planning


     
 

Presentations about Strategic Planning


     
 

More about Strategic Planning


     

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

Special Interest Group Leader
Mellacheruvu Adi Saasthry
Director

 

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