Glossary
Strategic Planning

Strategic Planning

Strategic planning is a process of setting goals and objectives and then creating a detailed plan to achieve them.

What does Strategic Planning mean?

Strategic planning is a process of setting goals and objectives and then creating a detailed plan to achieve them.

What can we learn about Strategic Planning?

Strategic planning is a process of setting goals and objectives and then creating a detailed plan to achieve them. It is a continuous process that helps organizations meet their goals and objectives successfully. The process typically involves gathering and analyzing data on the various stakeholders in the organization, developing strategies, formulating an action plan, and evaluating progress along the way. It also includes setting goals for the future growth of the organization, assessing the resources available, and making adjustments to ensure the organization is well-positioned to meet its objectives.

The goal of strategic planning is to align resources and activities with the organization’s mission, objectives, and strategies, so that the organization can be more effective. In order to do this, the organization must reassess and refine its plans and strategies on a regular basis. This process of continuous feedback is often referred to as tactical planning.

What is an example of Strategic Planning?

For example, an organization that provides after-school programs for underprivileged youth may use strategic planning to create a long-term plan to increase the number of students attending the program and improve the quality of services provided. In order to do this, they may first analyze the current state of the organization and its resources, identify the desired objectives and goals, develop strategies to meet these objectives, and create an action plan. Part of the action plan could include setting aside resources for advertising, hiring additional staff, or investing in new equipment. As the organization moves forward, they should continue to assess their progress and adjust their plans as needed.

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