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Strategic Planning and its Importance to Organizations

How does an organization's vision, mission, and values relate to its strategic plan?

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Formulating a vision and mission statement is not something that any organization takes lightly as leaders are normally aware of importance of such process. This is mainly because the organization's vision and mission is the foundation that determines where the organization is going and how it's going to get there. Moreover, the organization's values are normally based on the mission and vision of the organization. Moreover, the values of the organization determines the policies and guidelines that are in place, the organization's ...

Solution Summary

The importance of strategic planning to all facets of an organization.