what is strategic planning
Answers
➡️ Strategy is an integrated plan which indicates the desire future of the organization.
➡️ It provides direction in which human and physical resources will be deployed.
➡️ Strategies relates the organization to it's environment.
Strategic planning- This refers to the theoretical planning of the business which has a detailed plan on what, how and when to do.
EXPLANATION-
If, any barrier or hamper occurs. Therefore, to control and overlook the situation as well as maintaining the proper functioning of the running business. It provides direction to businesses to maintain create a mind-set regarding the vision and mission to achieve the overall operational excellence and quality assurance control. As we got awarded about what exactly the strategic planning is. Now, its time to look up how the operations of an organization were managed before. The white-collar use to think that human resources are the equivalent to the other resources and did not treat as same. The business entity has a rigid and specific way to work on. There was no planning in advance as per the trends whereas mindset was what they will produce instead will be a trend.
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