Why is strategic planning important to the organization

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Reference no: EM132855475 , Length: Word count:- 175

Respond to the following in a minimum of 175 words:

Question 1: The strategic management process is key to the leadership of a company. Discuss what is involved in the leadership of this process and how it differs from the day-to-day management of the company.

Question 2: Why is strategic planning important to the organization? What makes it strategic? How does strategic planning help the organization? Give current event examples or examples from actual, real-life situations.

Question 3: What legal issues do companies face when creating a strategic plan? What effects do legal issues have on a company's strategic planning process? Discuss in terms of local, national, & global compliance strategies.

Reference no: EM132855475

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