Strategic Planning in an Organization Essay by Master Researcher

Strategic Planning in an Organization
An examination of the benefits, limitations and consequences of strategic planning in an organization.
# 83469 | 1,125 words | 3 sources | 2005 | US
Published on Dec 01, 2005 in Business (General)

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This paper looks at the benefits - and debits - of strategic business planning. While it does offer many positives, strategic business planning can still be confused with short-term objectives rather than long-term goals and it is still dependent upon the business culture in which it is concocted. That said, it does offer a clear blueprint for business success if carefully applied.

From the Paper:

"Careful planning is the cornerstone of any successful business. The ability to provide contingencies in anticipation of the unexpected, the ability to have a Plan `B' when Plan `A' falters--these are features common to all enduring organizations. This paper will explore Strategic Planning by looking at what it is, what its benefits are, what its limitations may be, what negative consequences may arise from strategic planning, and what its relative strengths and weaknesses as a business application are. Without further ado, it is to a discussion of strategic planning that we now turn. "

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