WHAT IS STRATEGIC PLANNING?
Ubora OpEx Solutions
Ideas. Solutions. Results - A management consulting company striving to provide you with sound business ideas and tools.
Strategic planning is the process of assessing, documenting and evaluating where you are and where you are going.
Planning is necessary for any company goals to be achieved. When making a plan, everyone needs to be involved. They should be able to give their point of view and understand the planning process, what it means for them and how to achieve them.
Strategic planning is for both employees and stakeholders in a company to agree on possible outcomes or results. This plan lays the company's views and goals for the future.
As the owner, you will have a better idea of the goals and objectives you will want to accomplish and a path for that. For the employees, the process can foster an increase in productivity; contributing to the success of the business.