Strategic Planning

Section 1

Strategic planning is a tool of the management that assist organization to perform better, focusing on its energy, ensuring that organizational members are working for the same objectives, and accessing or adjusting directions of the organization in response to changing environment. More precise definition of strategic planning is that it a disciplined effort for producing fundamental actions and decisions of the organization that guide and shape what actually organization is with main focus on the future (Haines 2007). Most of the organizations all over the world perform strategic planning because goals and objectives cannot be achieved if there ...