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Strategic Planning-Strategic Planning Process

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Reference no: EM133180715

Ensure understanding of each step of the strategic planning process that was discussed in our reading material. This is also referred to as the strategy change cycle. The steps are as follows:

1. Initiate and agree on a strategic planning process

2. Identify organizational mandates

3. Clarify organizational mission and values

4. Assess the external and internal environments to identify strengths, weaknesses, opportunities, and threats

5. Identify the strategic issues facing the organization

6. Formulate strategies to manage the issues

7. Review and adopt the strategies or strategic plan

8. Establish an effective organizational vision

9. Develop an effective implementation process

10. Reassess the strategies and the strategic planning process.

Reference no: EM133180715

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