The plan should articulate the goals and objectives, along with the 3-5 core strategies needed to drive each imperative identified in the strategic direction-setting process.

Entering into the strategic planning process can seem daunting, but if it is done and managed well it can be surprisingly straightforward. In addition, it serves as the road map for all business ...

Essential Steps in Strategic Planning. 1) Assess trends. Your business doesn’t exist in a vacuum, and neither does your strategic plan.

1. Assess Industry, Competitor & Customer Trends. The first step of any strategic planning starts with studying the overall market in which you are operating.

10 Steps to Truly Effective Strategic Planning . 1. Set scope and strategic goals. Decide on the scope and the strategic goals of the activity that you will evaluate, ...

Strategic planning is often a dreaded task for small businesses, but it doesn't have to be. By following some very specific and easy-to-implement steps, organizations of any size can develop ...

A good strategic plan and a robust strategic planning process will make all of this happen. The super-early-rate deadline for Fast Company’s Most Innovative Companies Awards is Friday, July 25 ...

Step 3: Dream more possibilities. Many strategic planning processes act like black boxes: You plug in some strengths, weaknesses, opportunities, and threats and out pops a set of activities.

Strategic Planning in a Nutshell: 4 Key Steps By Stephen Isaacs and Paul Jellinek. June 14, 2017 Have a question about foundations? Ask the authors. They might answer it in the next installment of ...

Without strategic planning, “what we’re doing is lurching from challenge to challenge, from crisis to crisis,” says British American Tobacco’s Burrill (the 10-year planner).