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Why Strategic Planning is Essential
James Roberts
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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. (...) Read more? Sign up for free
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Strategic Planning is Essential
Owoyale, Samuel Olaniyi, Turnaround Manager, Nigeria, Member
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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.
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