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Formal Strategic Planning Process

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Do you feel a formal strategic planning process would be a useful process to be followed by all organizations? Would you feel capable of making alterations to the process to fit your company's situation? Can you provide possible changes in the process you might make for your current company?

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I think that the formal strategic planning process would be useful to be followed by all organizations due to the fact that this planning process provides a step-by-step framework by which efficient and effective tactical and strategic ...

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