Bus 475 Week 1

BUS 475 WEEK 1

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BUS 475 WEEK 1,Strategic planning is the process of management determining where the company is heading in the next year or so, how it’s going to get there and how it will know if it achieved its goal. Strategic planning is a goal for the whole company not just a product or program of the company. The purpose of strategic planning is to make sure that top management all know where the organization wants to head and they are all on the same page. There are different processes that can be followed to develop a strategic plan; goals based, issues based and organic. Strategic planning defines the purpose of the organization and establishes realistic goals and objectives in line with that purpose. The purpose of strategic planning is to communicates the goals and objectives to the organizations top employees. Develop a sense of ownership of the plan. Ensure the

Strategic planning is the process of management determining where the company is heading in the next year or so, how it’s going to get there and how it will know if it achieved its goal. Strategic planning is a goal for the whole company not just a product or program of the company. The purpose of strategic planning is to make sure that top management all know where the organization wants to head and they are all on the same page. There are different processes that can be followed to develop a strategic plan; goals based, issues based and organic. Strategic planning defines the purpose of the organization and establishes realistic goals and objectives in line with that purpose. The purpose of strategic planning is to communicates the goals and objectives to the organizations top employees. Develop a sense of ownership of the plan. Ensure the