Benefits of Strategic Planning
Benefits of Strategic Planning Strategic planning serves a variety of purposes in organization, including to: 1. Clearly define the purpose of the organization and to establish realistic goals and objectives consistent with that mission in a defined time frame within the organization’s capacity for implementation. 2. Communicate those goals and objectives to the organization’s constituents. 3. Develop a sense of ownership of the plan. 4. Ensure the most effective use is made of the organization’s resources by focusing the resources on the key priorities. 5. Provide a base from which progress can be measured and establish a mechanism for informed change when needed. 6. Bring together of everyone’s best and most reasoned efforts have important value in building a consensus about where an organization is going. Other reasons include that strategic planning: 7. Provides clearer focus of organization, producing more efficiency and effectiveness 8. Bridges staff and board of directors (i