Understand the relationship between strategic planning and business results
Learn the four steps to developing a strategic plan
Discuss current business examples of strategic planning in the workplace
Successful organizations, whether they’re multi-billion dollar companies or small family owned businesses, have many similar traits. They have to plan for their success because without proper planning they will fail. Customer expectations, market supply and demand, competitors and their environmental factors change all the time. A strategic plan provides business and operational strategies to meet these changing market conditions. As a partner in the company’s leadership team, one needs to know how to lead the team though the planning process.