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