Define and explain strategic planning?

Answer 1

strategic planning

Strategic planning consists of the process of developing strategies to reach a defined objective. As we label a piece of planning "strategic" we expect it to operate on the grand scale and to take in "the big picture" (in contradistinction to "tactical" planning, which by definition has to focus more on the tactics of individual detailed activities). "Long range" planning typically projects current activities and programs into a revised view of the external world, thereby describing results that will most likely occur (whether the planner wants them or not!) "Strategic" planning tries to "create" more desirable future results by (a) influencing the outside world or (b) adapting current programs and actions so as to have more favorable outcomes in the external environment.

Strategic planning takes place primarily in military situations (see military strategy), in business activities and in government. Within business, strategic planning may provide overall direction (called strategic management) to a company or give specific direction in such areas as:

* Financial strategies
* Human resource/organizational development strategies
* Information technology deployments
* Marketing strategy

Within government, strategic planning provides guidance for organizational management similar to that for business, but also provides guidance for the evolution or modification of public policy and laws. Areas of such public policy include:

* Funding of infrastructure and rate-setting (streets, water-supplies, sewers, and parks)
* Functional plans such as for land use, transportation, and water resources
* Growth management and/or comprehensive planning

But strategic planning can occur in a wide variety of activities from election campaigns to athletic competitions, as well as in strategic games such as chess. This article looks at strategic planning in a generic way so its content can apply to any of the above areas. An effective strategy will:

* Have the capability to obtain the desired objective
* Fit well both with the external environment and with an organization's resources and core competencies - it should appear feasible and appropriate
* Have the capability of providing an organization with a sustainable competitive advantage - ideally through uniqueness and sustainability
* Prove dynamic, flexible, and able to adapt to changing situations
* Suffice on its own - specifically providing value or favorable outcomes without the need for cross-subsidization

Answer 2

Strategic planning consists of the process of developing strategies to reach a defined objective. As we label a piece of planning "strategic" we expect it to operate on the grand scale and to take in "the big picture" (in contradistinction to "tactical" planning, which by definition has to focus more on the tactics of individual detailed activities). "Long range" planning typically projects current activities and programs into a revised view of the external world, thereby describing results that will most likely occur (whether the planner wants them or not!) "Strategic" planning tries to "create" more desirable future results by (a) influencing the outside world or (b) adapting current programs and actions so as to have more favorable outcomes in the external environment.

Strategic planning takes place primarily in military situations (see military strategy), in business activities and in government. Within business, strategic planning may provide overall direction (called strategic management) to a company or give specific direction in such areas as:

* Financial strategies
* Human resource/organizational development strategies
* Information technology deployments
* Marketing strategy

Answer 3

Strategic planning can be used to determine mission, vision, values, goals, objectives, roles and responsibilities, timelines, etc.
Strategic planning is a management tool, period. As with any management tool, it is used for one purpose only: to help an organization do a better job - to focus its energy, to ensure that members of the organization are working toward the same goals, to assess and adjust the organization's direction in response to a changing environment. In short, strategic planning is a disciplined effort to produce fundamental decisions and actions that shape and guide what an organization is, what it does, and why it does it, with a focus on the future.

Answer 4

i dont know wut that mean man.put that in english