Examlex
Describe the strategic planning process. In your answer identify the four steps of strategic planning.
Operational Plans
Define specific activities to implement strategic plans.
Strategic Plans
Define long-term needs and set action directions for the organization. Tactical plans are developed and used to implement strategic plans.
Financial Plans
Documents that outline an individual's or organization's present financial situation and long-term monetary goals, along with strategies to achieve those goals.
SMART Model
Is an approach to determining effective organisational objectives that requires that they be Specific, Measurable, Actionable, Reasonable, and Timetabled.
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