To be of any real value to the small business owner,strategic plans must be broken down beyond operational plan level into projects with assigned responsibilities.

Question

Quizplus · Accepted Answer

Strategic plans are high-level plans that outline the long-term goals and objectives of a business. To make these plans actionable, they must be broken down into specific projects with assigned responsibilities. This ensures that everyone in the organization knows what they need to do to contribute to the overall strategy and achieve the desired outcomes. Without this level of detail, strategic plans remain theoretical and are unlikely to have any real impact on the success of the business.

To Be of Any Real Value to the Small Business