Strategic planning is a process designed to answer four important questions:
Who are we?
Where are we now?
Where do we want to be?
How will we get there?
Strategic planning can be used by leaders at any level. From developing plans for organizations to developing plans for departments to developing plans for individuals, strategic plans provide a framework for:
Making and evaluating day-to-day decisions
Directing the allocation of resources
Communicating goals and priorities to others
Producing a clear sense of purpose and direction
The primary tasks of strategic planning are to understand the environment, define goals, identify options, make and implement decisions and evaluate actual performance.
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