Strategy,Strategic planning and the tradtional steps to build an Essay

Strategy,Strategic planning and the tradtional steps to build an organizational strategic plan,Strategic management and Competititve Strategy - Essay role modelOn the early(a) hand, strategic planning is the military operation through which an organization defines the outline to achieve major, as well as minor goals. In other words, strategic planning is the directing and the making of crucial decisions that concern the allocation of the available resource as per the institutions strategy. The strategic plan as well involves the control process of management as a way of implementing the decisions that encompass the strategic plan.The traditional planning method of building an organizations strategy comprises several steps. However, the tradition style of strategy planning omits the step of innovative thinking which to some works of research is the most important aspect of strategic planning is innovative thinking. It is significant also to state that the approach to strategic pl anning varies given the unique features of every organization. The unique features may include the purpose of every institution, the culture of each organization, the environment and immediate surroundings and the history of other plans whether they were successful or not.The first step in strategic planning is the identification of the purpose of the planning process. The surgical operation makes up the mission statement. The step tends to put forward the reason behind the existence of the firm. The needs of the client makeup the basic purpose of the organization and thence are an outline in the first step.The second step enumerates the vision of the organization. The steps main focus is the description of the future state of the origin entity and the state of the clients of the organization in the future.The third step is the establishment of mandatory goals that the institution must reach in an attempt to achieve the set megabucks goals as per the organizations mission and v ision. The step also tries to give answers for the prevailing challenges that the organization is undergoing through in its operations.The