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Every business should have a strategic plan. The purpose of the strategic plan is to provide the detailed roadmap that will take you in your desired direction . Because taking the decision actively to grow a business means embracing the risks that come with growth.. 

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Every business should have a strategic plan. The  purpose  of the strategic plan is to  provide  the  detailed roadmap that will take you in your desired direction . Because taking the decision actively to grow a business means embracing the risks that come with growth.

W HO WILL BENEFITED FROM STRATEGIC PLANNING PARTICIPATION?. 

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W HO WILL BENEFITED FROM STRATEGIC PLANNING PARTICIPATION?

A strategic Planning committee typically leads this process. Experts say the committee should include representatives from all areas within the enterprise and it should work in an open and transparent way where information is documented from start to finish .. 

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A strategic Planning committee typically leads this process. Experts say the  committee should include representatives  from all areas within the enterprise and it should work in an open and transparent way where  information is documented from start to finish .

The strategic planning process should involve your employees . Your employees are involved in the day-to-day operations and can provide you with a unique view of the company. Employees can share with you what they think is and isn’t working with the business today, which can inform your planning for the future .. 

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The strategic planning process should involve your  employees . Your employees are involved in the day-to-day operations and can provide you with a unique view of the company. Employees can share with you what they think is and isn’t working with the business today, which can  inform  your  planning for the future .

W HEN SHOULD STRATEGIC PLANNING BE DONE?. 

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-depends on the nature and needs of the organization and the it’s immediate external environment . - be done in preparation for a new major venture, for example, developing a new department, division, major new product or line of products, etc. 

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-depends  on the nature and needs of the organization and the it’s immediate external environment . - be done in preparation for a new major venture, for example, developing a new department, division, major new product or line of products,  etc

-Strategic  planning should also be conducted at least once a year in order to be ready for the coming fiscal  year. - In this case it is use to identify the organizational goals to be achieved at least over the coming fiscal year, resources needed to achieve those goals, and funded needed to obtain the resources . ­-Each year, action plans should be updated. Note that:   during implementation of the plan, the progress  of the implementation should be reviewed at least on a quarterly basis by the board.

Telephone. -depends on the nature and needs of the organization and the it’s immediate external environment . - be done in preparation for a new major venture, for example, developing a new department, division, major new product or line of products, etc. 

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We need a strategic plan because it establishes a direction for your business to take, it will help it sharpen its focus in order to get there . Your organization's vision, execution, and progress toward goals can all benefit from strategic planning.. 

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We need a strategic plan because it establishes a direction for your business to take, it will help it sharpen its focus in order to get there .  Your organization's vision, execution, and progress toward goals can all benefit from strategic planning.

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