Strategic Planning is Essential
Owoyale, Samuel Olaniyi, Turnaround Manager, Nigeria
The approach to better business management start with a successful strategic plan.
A close review of the past activities is key
to formulating the going forward strategic processes. When properly carried out, it brings to mind the relevance of most formulations, their usefulness and needfulness in meeting the business objectives and goals.
Strategic planning processes that do not allow complete freedom for the strategic business unit
could be described as unproductive activity and should be discouraged.