Get access to ready-to-use Execution Plans, downloadable Tools & Templates, Bitesize courses, Monthly Webinars with Baachu Padi+ Try Padi+ free for a month and get access to Baachu Scribble resources and tools, monthly webinars and so much more.. Click to claim your free trial Strategic planning is the process of regular and continuous planning and analysis of all the necessary actions that help an organization to meet its goals and objectives. It is a crucial part of any business’s future. There is not one hard and fast procedure for drawing up an effective strategic plan, but the common procedure followed is as given below.
- Determining your strategic position
- Gathering and analysing information
- Formulating a strategy
- Implementing the strategy
- Evaluation and Control