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Written by Robert Bacal
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This short article explains why strategic planning is important, and some of
the purposes of generating a strategic plan. Strategic planning has the
following purposes. All purposes must be addressed to receive maximum
benefit.
- To provide an ongoing
dynamic framework for action in both the short term and long term, upon which
decisions can be made about what is done and not done.
- To create a shared
understanding for all employees regarding the reason the organization exists,
what it is trying to achieve, and how it goes about achieving it.
- To provide a basis for the
allocation of tasks to both smaller work units and individuals in the
organization through the performance management system.
- To provide an opportunity
to assess the organization’s past and present, and it’s successes in order to
inform the future.
- To identify resources
(both human and material) that will be required for future success, and to
budget and plan for their procurement.
This is taken from
An Integrated Model of Strategic
Planning Helpcard |
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Strategic Planning 
