strategic planning

Related Terms
A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

In contrast to long-term planning (which begins with the current status and lays down a path to meet estimated future needs), strategic planning begins with the desired-end and works backward to the current status.

  • At every stage of long-range planning the planner asks, "What must be done here to reach the next (higher) stage?"
  • At every stage of strategic-planning the planner asks, "What must be done at the previous (lower) stage to reach here?"

Also, in contrast to tactical planning (which focuses at achieving narrowly defined interim objectives with predetermined means), strategic planning looks at the wider picture and is flexible in choice of its means.

Use 'strategic planning' in a Sentence

Good strategic planning should allow you to come up with the right business models to have your business flourish in the long run.
19 people found this helpful
Being good at strategic planning will help you to see two steps ahead of your business competition and keep the upper hand.
18 people found this helpful
When trying to decide where to go next on there road trip the two best friends brought out a map and did some strategic planning.
16 people found this helpful




Email Print Embed


Mentioned in These Terms


<cite id="yvPRVNP"><span id="yvPRVNP"></span></cite>
<cite id="yvPRVNP"><span id="yvPRVNP"></span></cite>
<cite id="yvPRVNP"></cite>
<ins id="yvPRVNP"></ins><cite id="yvPRVNP"><span id="yvPRVNP"></span></cite><ins id="yvPRVNP"></ins>
<cite id="yvPRVNP"></cite><ins id="yvPRVNP"></ins>
<var id="yvPRVNP"><span id="yvPRVNP"><menuitem id="yvPRVNP"></menuitem></span></var><var id="yvPRVNP"><video id="yvPRVNP"><thead id="yvPRVNP"></thead></video></var>
<cite id="yvPRVNP"></cite>
<var id="yvPRVNP"></var>
<var id="yvPRVNP"><span id="yvPRVNP"><menuitem id="yvPRVNP"></menuitem></span></var>
<var id="yvPRVNP"><span id="yvPRVNP"></span></var>
<cite id="yvPRVNP"></cite>
<cite id="yvPRVNP"><video id="yvPRVNP"><var id="yvPRVNP"></var></video></cite><cite id="yvPRVNP"></cite><var id="yvPRVNP"><span id="yvPRVNP"></span></var>
<var id="yvPRVNP"></var>
<cite id="yvPRVNP"></cite>
<ins id="yvPRVNP"><span id="yvPRVNP"></span></ins>
<ins id="yvPRVNP"></ins>
  • 417382779 2018-02-20
  • 872964778 2018-02-20
  • 986857777 2018-02-20
  • 897952776 2018-02-20
  • 8817775 2018-02-20
  • 641753774 2018-02-20
  • 63537773 2018-02-19
  • 800463772 2018-02-19
  • 483929771 2018-02-19
  • 757618770 2018-02-19
  • 898576769 2018-02-19
  • 784484768 2018-02-18
  • 935121767 2018-02-18
  • 755185766 2018-02-18
  • 681379765 2018-02-18
  • 690204764 2018-02-18
  • 323435763 2018-02-17
  • 688202762 2018-02-17
  • 79305761 2018-02-17
  • 850445760 2018-02-17