Importance of Strategic Initiatives



Importance of Strategic Initiatives

Introduction

A company indulges in strategic planning to achieve long term goals that can be set by making strategic initiatives. Strategic initiatives are a set of proposal that offers growth of organization in the future. As the strategic planning is a slow process, and a company cannot take immediate benefits from it, so it requires a lot of work to do for making a strategic plan and proposing strategic initiatives (Hitt et al, 2012). While do strategic planning, we also analyze costs and benefits for launching a new product and services in future, and we ...