Strategic planing

preparation is the process of outlining the activities that ar necessary to achieve the goals of the organization. Planning is weighty to the organization because it ensures that the organization is running their activities in twain an hard-hitting and efficient way. Planning help managers to determine how organisational resources atomic number 18 to be allocated and how the activities of the organization will be delegate to several(prenominal)s and land groups. Planning gives guidance and direction to the members of the organization. strategic readiness is a process by which an organization discombobulates decisions and takes actions that affect it s big performance. Strategic readying also focuses on enhancing the warlike function and overall performance of the organization in the long term. The habit of strategic planning is to move the organization from where it is to where it complimentss to be and, in the process to develop and maintain a agonistic advant ages at bottom the industries in which it competes. In most companies, strategic planning isnt roughly making decisions. Its about documenting choices that have already been made. Leading firms be rethinking their approach to strategy development so they can make more, better, and faster decisions (Mankins & Steele). A penny-pinching example of strategic management is dell Company, they redefined their strategy to increase their profit and bump into their customers need.

The strategy that they used is to provide computers that are customized to meet the individual needs; the computers are also delivered rapidly and priced very reasonable. Dell h! ad succeeded to establish a very boffo strategy to puff customers and maximize their profit as well. Strategic planning occurs at three primary levels within the organization, which are the corporate level, the patronage level, and the functional level. The corporate strategic planning focuses on growth the corporate strategy in separate words it develops the... If you want to get a full essay, found it on our website: OrderCustomPaper.com

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