The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program. It is very important for any kind of businesses to have for there future success and to determine where business will be going next year and how much revenue will be flowing... displayed 300 characters
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The way that a strategic plan is developed depends on the nature of the organization's leadership, culture of the organization, complexity of the organization's environment, size of the organization, expertise of planners. There are a variety of strategic planning models, including goals-based, issues-based, organic, scenario... displayed 300 characters
