Course 10 - Strategic Planning Strategic Planning is a process whereby management makes choices about overall direction. One such choice within strategic planning is establishing the:
Goals of the organization
Answer = c: A company in crisis may need a turn-around plan which is immediate and short-term. If the company can survive the crisis, then it may want to engage in a new long term strategy.
Strategic Planning can result in change and people often resist change. People's resistance to change can be reduced by:
Making the planning process extremely formal.
Categorizing the process as re-engineering.
Making the process very experimental.
Getting people involved within the process.
Answer = d: People need to have a say in things that impact them; otherwise they will not buy-in and execute on the decisions.
The first real phase of strategic planning is:
Issuing the Draft Plan
