Discover the steps to effective strategic planning

Business Planning and Strategy – Define your strategy

By Jassy Singh November 5, 20200

Discover the steps to effective strategic planning – Here is a great Guide from BDC Canada

Strategic planning clarifies your long-term goals and the steps necessary to achieve them. Based on your business plan, a clear business strategy lets you envision where your company will be in the future—and provides you with a map for getting there.

What challenges are you facing?

Read the following and learn how to develop and implement a strategic plan.

Why is strategic planning important?

Strategic planning determines exactly where your organization is going over the next year or more and how it’s going to get there.

Developing a strategic plan

A strategic plan is extremely important for creating a strong, growing and profitable business. It’s your roadmap for implementing and achieving your vision.

Implementing a strategic plan

Implementation is a necessary step of the strategic planning exercise; a business that develops a strategic plan must expect to include a procedure for applying its plan.

Evaluating a strategic plan

The evaluation and review of your strategic plan is an opportunity to take a step back, assess and evaluate the state of your business and industry.

Source

SINGHLEGAL

Day: 5 November 2020