The ideal strategic planning procedure for a small company should be formal and highly structured.

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While strategic planning is important for a small company, a formal and highly structured approach may not be practical or necessary. Smaller companies can benefit from a more flexible and adaptive process that allows for input from all stakeholders and can adjust to changing circumstances. A less formal approach can also promote creativity and innovation. Ultimately, the key is to find the right balance between structure and flexibility that works for each individual company.

The Ideal Strategic Planning Procedure for a Small Company Should