Strategy
Strategic Planning
Definition
Strategic planning is the glossaryProcessA process is a defined sequence of steps used to achieve a specific outcome.Open glossary term of defining goals, priorities, and actions to achieve a desired future state.
In practice
Includes setting objectives, allocating resources, and defining timelines.
The reality
Plans often become outdated quickly or are not followed in practice.
Plain English
Planning how to get where you want to go.
FAQ
Common questions
A few practical answers to the questions that usually come up around this term.
What is strategic planning?
It is the glossaryProcessA process is a defined sequence of steps used to achieve a specific outcome.Open glossary term of defining goals and how to achieve them.
Why is strategic planning important?
It provides structure and direction.
What does strategic planning include?
Goals, priorities, and actions.
Why do plans fail?
They are not maintained or aligned with reality.
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