Discuss the significance of strategic planning
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Title: Discuss the significance of strategic planning

Essay Details:

Subject: Business
Author: Willie S
Date: September 14, 2015
Level: University
Grade: A
Length: 4 / 953

Essay text:

The risk analysis section of the strategic plan includes the development of a succession plan”1 (ii) A dynamic and stated force which helps drive an organization forward by coordinating and channeling resources towards achievement of pre-determined goals Significance in a business context will invariably implicate effective results in most cases, profitability and subsequently, at the least, successful survival of an organization. While Strategic Planning does not guarantee success (implementation of the plan will govern that) it does improve the chances of success and minimizes the risk of failure, as without planning, events will be left to chance...

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