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Organizational Considerations for a Strategic Plan

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What are the primary internal organization considerations for the development of a strategic plan? Which consideration is the most important? Why?

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This solution discusses the internal organizational considerations for a strategic plan.

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The primary internal organization considerations for the development of a strategic plan are mission statement, a statement of the firm's corporate scope, which means the lines of business it plans to pursue and the geographic areas in which it will operate (Brigham & Houston, 2007). Another internal organization consideration is statement of corporate objectives, which sets the specific goals that operating managers are expected to meet. Other considerations are a set of corporate strategies that spell out how the firm plans to achieve its goals, a detailed operating plan for ...

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