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Review:

Strategic Planning

overall review score: 4.5
score is between 0 and 5
Strategic planning is a process that organizations use to define their direction or strategy, make decisions on allocating resources to pursue this strategy, and guide the implementation of the strategy.

Key Features

  • SWOT analysis
  • Goal setting
  • Action planning
  • Monitoring and evaluation

Pros

  • Helps organizations set clear goals and priorities
  • Provides a roadmap for decision-making and resource allocation
  • Encourages proactive thinking and long-term vision

Cons

  • Can be time-consuming and resource-intensive
  • May require significant involvement from multiple stakeholders
  • Risk of plans becoming outdated if not regularly reviewed and updated

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Last updated: Sat, Mar 1, 2025, 07:38:37 AM UTC