Question

How does an organization begin to develop its strategic plan? please answer in 100 words.

How does an organization begin to develop its strategic plan? please answer in 100 words.

Homework Answers

Answer #1

An organization begin to develop its strategic planning in the following way

  • Any organization should have a clear vision ,mission, values and objectives in an unique form
  • They should analyse all the sources which is present internally and externally
  • Identify any problems which has to be rectified by appropriate plan
  • Assess the necessary for initiation of bringing new changes
  • Implementation of the plan
  • Evaluation of the plan for its success or failure and make appropriate changes to get the desired results which can benefit all and prevent unnecessary loss to the organization
  • Review regularly for updation
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