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Business strategy
Is strategic planning relevant in Business?
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[QUOTE="Kingsley, post: 117821, member: 30278"] A business venture is an activities that we get ourselves involved in, in other to make an earns meet, and General in other to increase our capital or make profit, as that is the general goals and objectives of a business venture. Just as we know that whenever a goal or goals are set, they don't just happen or get accomplished. There should be and there are always plans in place which leads to the accomplishment of such goals. Thus in the name STRATEGIC PLANNING, I will say it is a plan to accomplish specific goals but not just with any other plans but involving strategies. You and a competitor might have the same or similar goals but when you a strategic plan, you're not only planning towards accomplishing those goals, but at the same time you counter and block off potential threats from competitiors. What's your take on strategic planning ? [/QUOTE]
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