The plan should articulate the goals and objectives, along with the 3-5 core strategies needed to drive each imperative identified in the strategic direction-setting process.

Developing strategies for how a business will use its money, materials and people to accomplish its goals is part of starting and running a business. Within the strategic planning process, a ...

Start Early. First of all, I feel strongly about starting early. You have to give your leadership team time to complete the process — brainstorm, set goals and create an execution plan.

As consultants Jara Dean-Coffey and Jill Casey noted in their recent paper “Strategy for Now,” published at The Foundation ...

Entering into the strategic planning process can seem daunting, but if it is done and managed well it can be surprisingly straightforward. In addition, it serves as the road map for all business ...

Succession planning is an important strategic process for any business to undertake, but it is especially important for ...

In addition, throughout the planning process, the workflow administrator should have almost nothing else on his or her plate but strategic planning. It’s not a project that should be tacked on ...

Strategic marketing is a planning process that seeks to establish a clear direction and unified purpose for all marketing efforts. Its conclusions are documented in a marketing plan that is ...

The strategic planning process creates strategic roadmaps that make your plan actionable and track its execution enterprise-wide. With the right tools, you can compare scenarios, prioritize ...

When you do strategic planning, part of the process is making a conscious choice about who you want to be as a business. Toyota decided it would not try to compete against luxury brands like BMW ...