Strategic planning concept The strategic plan is a long-term plan that takes into account all external and internal variables and identifies all target sectors, As well as a competitive approach. The plan answers a question as to where we are headed, Taking into account the future vision of the institution and the integration and interdependence […]
Strategic planning is the process by which the organization determines its strategy or direction and decides to allocate its resources to implement that strategy. The concept can also be extended to control mechanisms to guide policy implementation. Strategic planning became prominent in companies in the 1960s and remains an important aspect of strategic planning and strategic management. It is implemented by strategic planners that include many parties and research sources when analyzing an organization and its relationship to the competitive environment.
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