Strategic planning or corporate planning is an activity undertaken by an organization through which it seeks to define its future direction and makes decisions such as resource allocation aimed at …

Mar 19, 2024 · Organizations conduct strategic planning periodically to consider the effect of changing business, industry, and legal and regulatory conditions. A strategic plan may be updated and revised …

Jan 23, 2025 · Strategic planning is a process through which business leaders map out their vision for their organization’s growth and how they’re going to get there. The strategic planning process …

Dec 31, 2025 · Strategic planning is the process by which an organization defines where it’s going, why it’s going there, and how it will get there. A strategic plan creates clarity for everyone involved, …

Strategic planning is the art of creating specific business strategies, implementing them, and evaluating the results of executing the plan, in regard to a company’s overall long-term goals or desires.

Dec 10, 2025 · Strategic planning is a first step to getting more sophisticated as a business. It builds a stronger team and improves decision-making and how managers communicate.

Nov 19, 2018 · Learn what strategic planning is, why it matters and how a strategic plan guides a business’ growth and success. Explore the definition, steps and examples here.

Sep 26, 2025 · The strategic planning definition encompasses documenting intended direction, prioritizing efforts, and allocating resources effectively. The purpose of strategic planning is to align …

Strategic planning is a formalized, systematic process that organizations use to decide on their long-term direction, allocate resources efficiently, and position themselves competitively to achieve their …

Nov 9, 2024 · Strategic planning is the process of defining an organization’s long-term goals, developing strategies to achieve those goals, allocating resources effectively, and monitoring progress to ensure …