What is Strategic Planning?
What is Strategic Planning?
Oct 10, 2022
Strategic planning is an important tool that businesses use to set themselves up for success.
By taking a big-picture view of where the company is currently and where it wants to be in the future, strategic planning can help businesses make decisions about which products or services to pursue, what markets to target, and how best to allocate resources.
While there is no one-size-fits-all approach to strategic planning, there are some essential elements that all successful plans should include. In this article, we'll take a closer look at what strategic planning is and some of the key components that make it work.
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