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The Role of Strategic Planning within an Organisation - Research Paper Example

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This research will begin with the statement that the strategic planning can be described as the management activities which are aimed at ensuring effectiveness in the utilization of available resources in achieving organizational objectives…
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The Role of Strategic Planning within an Organisation
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Download file to see previous pages It is evidently clear from the discussion that the development of an organizational strategic plan remains essential in ensuring the stakeholders remains focused toward achievement of common goals. Through the strategic planning aspect, a guideline to fundamental decisions becomes established as organizations seek to enhance the effectiveness of the organizational business process. Effective strategic planning, therefore, presents an articulate course of actions which are necessary for making essential progress within the organization. Strategic planning remains an essential aspect of management which must be effectively addressed in seeking to ensure organizational efficacy. This planning element can be defined as a fundamental determinant of the management process as it presents an evaluative communication of the organizational capabilities with objectives. Strategic planning enables organizations to match their capabilities with the anticipated outcomes, hence enhance the effectiveness in the utilization of organizational resources. The strategic planning element provides guidance regarding the course of action to be taken under different circumstances which might face the organization. This is commonly established following an extensive analysis of the internal and external factors which might affect the effectiveness of the organization. Organisational planning remains essential in the development of processes aimed at providing a guideline into the actions undertaken towards achieving organizational goals. The fundamental focus of strategic planning remains to ensure the sustainability of business operations in the future. Strategic planning remains a critical element in different management aspects within an organization. Crisis management can be described as the process through which organizations deal with external threats which could potentially harm business operations. ...Download file to see next pagesRead More
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