Why Strategic Planning is Essential

Strategic Planning
Knowledge Center

Forum

New Topic

James Roberts

Why Strategic Planning is Essential

Unused planning is a wast of time. However, I have found strategic planning to be essential and vital to the success of any endeavor or undertaking. While it may be possible to reach a desired destination without planning, the waste and cost incurred is tremendously greater. Strategic planning reduces waste and increases efficiency, effectiveness. It saves both time and money.

  Owoyale, Samuel Olaniyi
Turnaround Manager, Nigeria
 

Strategic Planning is Essential

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.

  Mellacheruvu Adi Saasthry
Director, India
 

Strategic Planning is Essential to Success

@James Roberts - It is indeed very important befor (...)

Participate and leave a comment
Exchanging your ideas stimulates your personal and professional development. And you can help other people! More info.

Start a new forum topic

 

More on Strategic Planning
Summary
Forum
🔥Wicked Problems and Strategy Approaches to Deal with Them
Strategy Means Directional Initiatives to Protect And/or Improve your Current Position
Objectives of Organisation
Why Strategic Planning is Essential
Classical Strategic Planning Process
How Leaders See Strategy Reviews
New Strategic Planning Models
Continuous Planning and Control
Markets > Vision > Strategy + Execution
Should Top Managers be Strategists?
The OGSM Framework
3 Main Activities of Strategic Planning
Brand Strategy for a Start-up
From Traditional to Innovative Strategic Planning
Strategic Planning and Power
Strategic Planning in an Opportunity for Involvement
Strategic Planning Models in Airline Industry
Strategic Plans Must be Used and Executed!
How to Help a Team Carry Out Strategic Planning
Shorten the Time Window of Strategic Plans
Overseeing Strategy and Strategic Oversight
Goals - Part of the Plan?
Best Practices
Is Strategic Planning Passé?
S T R A T E G Y Acronym
Strategic Planning must be Dynamic
Strategic Thinking versus Operational Thinking?
Factors in Strategic Decision Making
Why do Most Strategic Plans Fail?
Strategic Planning is about Elimination
Congruence Model Summary
Special Interest Group

Are you interested in Strategic Planning? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Strategic Planning
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2021 12manage - The Executive Fast Track. V15.8 - Last updated: 17-6-2021. All names ™ of their owners.