This article will discuss the basics of strategic planning and provide you with a framework to get your organization started in the creation of your strategic plan.
A strategic plan is a roadmap for where you want your organization to go during a specific timeframe. A well developed strategic plan will move your organization out of stagnation and into more profits.
Strategic planning as a process takes inventory of your company, competitors and the market. Simple right? Well, let’s just say that I will describe it as a journey. A few bumps and scrapes along the way but once accomplished your company and team will be stronger because of it.
To be successful, you should know: