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Strategic issues are critical unknowns that are driving you to embark on a strategic planning process now These issues can be problems opportunities market shifts or anything else that is keeping you awake at night and begging for a solution or decision ions to Ask
PDF Strategic Management and Strategic Planning Process ResearchGate, This Chapter on the strategic management and strategic planning process provide an insight on the basic knowledge on what is strategy and strategic management it further provide the
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Strategy means consciously choosing to be clear about your company s direc tion in relation to what s happening in the dynamic environment With this knowledge you re in a much better position to respond proactively to the changing environment The fine points of strategy are as follows
span class result type, KEY CONCEPTS STRATEGIC PLANNING Vision Mission Values Develop a process for shared agreement on mission vision and values from key stakeholders Mission A statement of why the organization exists at the most meaningful level It is aspirational in that it can never be fully achieved
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span class result type, Strategic planning is a tool for organizing the present on the basis of the projections of the desired future That is a strategic plan is a road map to lead an organization from where it is now to where it would like to be in five or ten years It is necessary to have a strategic plan for your chapter or division
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span class result type The first step of the strategic planning process is to clearly articulate our direction The components of direction are purpose values mission and vision Purpose serves as the north star It can be general sweeping and vague but at least it tells you that you are going north and not east or south It tells us what business we are in
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Strategic planning is a process of looking into the future and identifying trends and issues against which to align organizational priorities of the Department or Office Within the span class result type. Strategic planning is a disciplined process for making key decisions and agreeing on actions that will shape and guide what an organisation is what it does and why it does it Planning is an important aspect of strategic thinking and management By working on a strategic plan together a team can Strategic management is a broader term than strategy and is a process that includes top management s analysis of the environment in which the organization operates prior to formulat ing a strategy as well as the plan for implementation and control of the strategy
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