Importance of Strategic Planning
An integrated approach to managing the strategic planning lifecycle is required to improve strategic outcomes.
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December 10, 2018
An integrated approach to managing the strategic planning lifecycle is required to improve strategic outcomes.
There are a number of well-known models for strategic planning, with various terminologies supporting these models. Any of these models can be employed successfully. Independent of model and terminology, effective strategic planning requires three core components: Vision, strategy, and execution. Managing the transition between these components will increase successful strategic outcomes.