Strategic planning involves

Question

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Strategic planning involves setting long-term goals that extend 5-10 years into the future. It involves analyzing the current situation, identifying opportunities and threats, determining strengths and weaknesses, and formulating a plan of action to achieve the goals. Short-term goals may be a part of the plan, but the focus is on the long-term success of the organization. It is not about executing directives from the board of directors, but about developing a plan that aligns with the vision and mission of the organization. Setting goals for next month is tactical planning, not strategic planning.

Strategic Planning Involves