Define Strategic planning.
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Define Strategic planning.
Strategic planning is an organization's Define Strategic planning.process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy.
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Strategic Planning - This refers to the theoretical planning of the business which has a detailed plan on what, how and when to do. If, any barrier or hamper occurs to control and overlook the situation to maintain the proper functioning of the running business. It provides the direction to businesses to maintain create a mind-set regarding the vision and mission to achieve the overall operational excellence and quality assurance control.
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