# Time and money spent on strategic planning and the use of an outside consultant # Organisations muct say "no" to certain opportunities before they arise, in order to effectively plan and allocate resources
Is the managerial process that matches the firms resources to its market oppurtunities
stategic planning is an approach used by top management in an organisation to move foward in all areas of business or service.
Mission statement is play an important role in strategic planning through this the managers take decisions and can future forecasting.
Strategic planning
Q: - 1 How would you convince your owner for implementing a strategic planning in the organization?Answer page 7 and 13 To convince our owners we should let upon strategic planning. Strategic planning is the key to helping us collectively and cooperatively gain control of the future and the destiny of our organization. Some firms do not in strategic planning and some firms do strategic planning but receive no support from managers and employee like this cause which you mention. There are many reasons which officers dislike strategic planning for example.In this assignment you mention 2 reasons like CEO this strategic planning is totally waste of time and too expensive to implement.Some firms see planning as a waste of time since no marketable product is produce. Time spent on planning is an investment.Q: - 2 Being a marketing manager, you need to identify the external force that has a major impact on your organization. Support your answer with expert opinions?Answer.Page 28 and 36
Competitive Advantage is vital to Strategic planning. Strategic planning identifies strengths and weaknesses and visions and missions for the future. Competitive advantage relys on the benefits of the companies strengths and act upon them to turn them into competitive advantage. Other firms can't duplicate strategy or competivness that they don't have.
strategic planning is seed money. discuss
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Greendot is one of the Top consulting firms in India. we are known for Strategic planning, and cost reduction through Productivity improvement. We have helped Chemical, Pharmaceutical, and Plastics Engineering companies to improve their profit by implementing Strategic planning, lean practice, and Other productivity improvement tools.
Firms do engage in strategic management as do all business enterprises.If you fail to plan you plan to fail.
what is the importance of strategic planning in mis?
Guido S. Merzoni has written: 'Strategic delegation in firms and in the trade union' -- subject(s): Division of labor, Delegation of authority, Management, Labor unions, Strategic planning
1986-1987, strategic planning
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.
Absolutely. In fact strategic planning is done extensively in education. K-12 and higher education both use strategic planning. The links provided offer specific models for IT strategic planning in higher education.
Conducting strategic planning means that you are planning ways to meet the strategic objectives of your organization. Having a strategic mindset refers to the way you think each day for work and in life.