A strategic plan should not be confused with a business plan. Essentially a strategic plan provides the foundation from which to build a full long-range plan. It is simply a document that summarizes, in about ten pages of written text, why a business exists, what it is trying to accomplish and how it will go about doing so. Its "audience" is anyone who wants to know the business' most important ideas, issues and priorities: management team members, board members, company employees, clients, partners and the media. It is a document that should offer direction and guidance - so, the more concise and ordered the document, the greater the likelihood that it will be useful, that it will be used and that it will be helpful in guiding the operations of a business. In its simplest form, a strategic plan can help boost performance. It helps an organization to refocus energies and ensure that all team members are working towards the same goal(s). As a process, strategic planning involves a sequence of activities, each a vital element including: (1) Assessing the external environment; (2) Assessing internal capacity and organization; (3) Developing a vision and a mission for the future; (4) Developing goals and objections - the actions - for reaching that future; (5) Implementing the plan; and (6) Measuring progress and revising the plan, as needed. I agree with Crystal on what a strategic plan is but I disagree with her on one aspect. Strategic plans are for internal use only. It is your and only your business where you plan to take your company. No army general will want to show his opponent what his strategy is. Neither should you. So keep the strategic plan close to your vest.
The purpose of the Operational Plan is to provide organisation personnel with a clear picture of their tasks and responsibilities in line with the goals and objectives contained within the Strategic Plan. Basically, the Operational Plan is a plan for the implementation of strategies contained within the Strategic Plan. It is a management tool that facilitates the co-ordination of the organisation's resources (human, financial and physical) so that goals and objectives in the strategic plan can be achieved.
How do you get 1000000 robux for free?
Is it true that one human year is equal to seven dog years?
How do you spell water with 3 letters?
What is a narcissist?
What is half of 5000?
What is Sean Connery's shoe size?
How much did George Foreman bench press?
How did chickenpox get its name?
What is doomscrolling?
How did the Wiffle Ball get its name?
Do schools still teach cursive writing?
Can eggs break inside a chicken?
Why do books come out in hardback first?
What happens when a beehive gets too full?
What is the difference between an optometrist and an ophthalmologist?
Is Quentin Somerville related to Julia Sommerville?
Which of the following statements is true about storing classified documents?
What is the meter of manang biday?
Ano ang kahulugan ng iskolarling pagpapahayag?
What happened to Little Juan Burritos?
What is meant by a frequency response curve of an acceptor circuit?
What two generalization can be made about North America at the time of European discovery?