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siniylev [52]
2 years ago
12

Is a process that helps managers identify desired outcomes and formulate feasible plans to achieve their objectives?

Business
1 answer:
yan [13]2 years ago
5 0

Leaders of a company develop their future vision and determine their organization's goals and objectives through the process of strategic planning. Establishing the order in which these objectives should be accomplished can help the organization attain its stated vision.

A plan outlines how and when a company will accomplish its vision, purpose, goals, and objectives.

The goal-based strategic planning process is broken down into four phases: scenario analysis, direction setting, plan deployment, and strategy definition.

The Strategic Planning Process in 4 Steps

  • scanning the environment. The process of acquiring, compiling, and evaluating information is called environmental scanning.
  • Developing a strategy.
  • Putting a plan into action.
  • Strategy assessment.

To learn more about strategic planning from the given link.

brainly.com/question/24864915

#SPJ4

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