The importance of strategic planning

Strategic Planning

  Strategic planning is a systematic process that seeks to achieve a clear vision about the future of something in order to translate it and turn it into goals that depend on a series of steps. Then choosing the appropriate means to implement it. Strategic planning is also known as the method that helps officials in companies and institutions; Especially the executives among them، in determining the appropriate procedures to achieve the best results، depending on the use of the resources available in the work environment.

The importance of strategic planning

  Strategic planning in the work environment is one of the most important administrative processes، and its importance is summarized according to the following points:

• Assisting in preserving capital by reviewing the financial performance of the business، and making sure to provide it with permanent updates، which contributes to achieving the best results، and ensuring that the business is on the right track.
• Contribute to setting a time frame for the implementation of the work by relying on developing an appropriate strategic plan that contributes to the design of its steps.
• Participate in transforming the planned actions into measurable and applicable things until sufficient knowledge is achieved in obtaining acceptable results.
• The industry of services and financial means that take into account changes affecting work in light of the prevailing economic climate.
• Reliance on the use of practical experience، and the precise method of applying planning in the practical side of work.