Discuss the significance of strategic planning

Essay specific features

 

Issue:

Business

 

Written by:

Shirley W

 

Date added:

April 15, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 953

 

Was viewed:

2048 times

 

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Essay content:

The risk analysis section of the strategic plan includes the development of a succession plan”1 (ii) A dynamic and stated force which helps drive an organization forward by coordinating and channeling resources towards achievement of pre-determined goals Significance in a business context will invariably implicate effective results in most cases, profitability and subsequently, at the least, successful survival of an organization...
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While Strategic Planning does not guarantee success (implementation of the plan will govern that) it does improve the chances of success and minimizes the risk of failure, as without planning, events will be left to chance. Factors Contributing to significant Strategic Planning Consistent to this opening basis, the elements of significant or effective strategic planning need to be outlined and should consist of some of the following aspects: (i) Strategies need to be discussed and established ahead of time to be proactive...
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