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Q: Why should top executives in a company be responsible for strategic planning?
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What is corporate strategic planning?

Corporate strategic planning is a process by which a company defines its objectives and missions. It is essential in the workings of a large company to have a strategic plan in place


What are the uses of strategic planning models?

A strategic planning model can help a company or an individual plan out an idea in advance to see if it will work out in real life. A planning model is basically a rough draft of an idea.


What is the Role of a CEO?

CEO stands for;Chief Exectutive Officer.This is the highest ranking authority within the company and is responsible to managing all the functions within the company.The CEO along with the company directors are responsible for strategic planning which involving planning for the entire company including it's operational functions and business units.These individuals manage the company and ensure that they deliver the best and maximum shareholder value.


What are the three major activies in planning function?

There are three basic activities in Strategic Planning. Strategic Analysis which requires some sort of review of the company's driving force and environment. Setting Strategic Direction which requires coming to conclusions and setting strategic goals based on the issues facing the company. Action Planning involves the carefully laid out plan or gameplay needed to achieve a successful outcome.


What has the author Marcos Fava Neves written?

Marcos Fava Neves has written: 'Demand driven strategic planning' -- subject(s): Marketing, Planning, Business networks, Strategic planning 'Marketing methods to improve company strategy'


Analyze three factors that influence Boeing's strategic tactical operational and contingency planning?

Analyze at least three factors that influence the boeing company's strategic, tactical, operational, and contingency planning.


What is the job profile of a marketing executives what does he do in a company?

Marketing executives are responsible for working with a companies and ensure that there products sell. They must work with the public to know what products they are interested in.


Compare and contrast Traditional versus Strategic planning?

Strategic planning compared to traditional planning is more well planned. The aims and objectives are aligned with company's mission and vision. It strengthen the organization and provide insight into possible new directions.


What is managements function in strategic planning?

To evaluate what is happening outside the company and design a means to go along with it.


What is the role consultants play in the strategic planning and management process of a company. Is it an essential role?

What is strategic audit? Explain its relevance to corporate strategy and corporate governance


Where can one go for strategic planning consulting?

You can find strategic planning consulting services at consulting firms such as McKinsey, Boston Consulting Group (BCG), or Deloitte. You can also explore independent strategic planning consultants who offer tailored services to various industries and business sizes. Additionally, business schools and universities often have centers or programs that provide strategic planning consulting assistance.


How can a poor swot analysis affect strategic planning?

A poor swot analysis can impact strategic planning by highlighting the wrong opportunities. If the wrong opportunities, or threats are identified, then the company will make the wrong moves within the industry.