Title: ZackaryLRuiz
1Strategic Planning for Business Growth
2Strategic Business Planning
It is defined as the craft of making explicit
business systems of an organization to achieve a
desired objective.
3Strategic Planning Process
4Strategic Planning Process
Regulate position strategically
Mission Objective
Environmental Scan
Strategy Evaluation
Strategy Implementation
Strategy Formulation
5Regulate position strategically
This readiness stage makes way for all work going
ahead. You need to know where you are to figure
out where you need to go and how you will arrive.
6Mission Objective
The statement of purpose portrays the
organizations business vision, including the
consistent qualities and reason for the firm and
forward-looking visionary objectives that guide
the quest for future chances.
7Environment Scan
It is the constant examination of the climate
inside and outside of a business. Its utilized
to assess expected freedoms, dangerous market
patterns, and illustrations that can influence
the organizations.
8Strategy Formulation
A companys SWOT Analysis helps identify its
strength and weakness, as well as opportunities
and threats.
9Strategy Implementation
Developing a solid structure or framework for
implementing the strategy involves maximizing the
utilization of relevant resources.
10Strategy Evaluation
It involves three crucial activities reviewing
the internal and external factors affecting the
implementation of a strategy, measuring
performance, and taking corrective steps to make
the strategy more effective.
11Strategic Planning Process takes time.
12But is significant for all kinds of business.
13Helps set realistic goals and objectives
Offers vital establishment to assess prosperity,
renumerate its representatives and set up limits
for dynamic productivity
Significance of Strategic Planning
Guides the board for dynamic adjustments and
operational productivity.
14Helps administrators and representatives show an
obligation to the association's objectives
Significance of Strategic Planning
It makes authoritative objectives and goals
genuine.
It cultivates further organizational development.
15In the end, strategic planning involves
collaboration among administrators and workers.
16It should be adjustable.
17Achieve
SUCCESS