Date Added: Sep 2009
Strategic planning is the most important key for solving strategic tasks; it is the process of developing, controlling and maintaining a strategic balance between organizational goals and resources in the market environment. A strategic plan is a set of activities that are geared towards an organizations growth and success. Strategic management refers to the art of business planning at the highest possible level implemented by the company's leader or leaders and is focused on building a solid underlying foundation for a company. Strategic planning is a 10-step process that begins with clearly stated goals that align with organizational goals and objectives.