Explain the process of developing a strategic vision
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Strategic planning is a process by which an organization develops a long-term vision and a plan to implement it. The process requires you to analyze both the internal and external environment of the organization.
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The process of developing a strategic vision involves setting up strategies and then working to achieve those goals by making use of the essential resources.
- The first step to developing a strategic vision is selecting the right team and everything should be transparent within that formed team.
- SWOT analysis is essential and then brainstorming, debating, etc, should be conducted regularly and every decision should have the full team's approval.
- Voicing out all opinions and disagreements. Being brutally honest within the team is important.
- Everyone's feedback should be embraced and evaluated.
- Communication is the key factor essential for developing a strategic vision.
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