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Strategic Planning Process - Invensis

In other words, strategic planning could be termed as a process by which the guiding

executives of an organization, have a vision and therefore develop the necessary procedures and operations in order to achieve the same.

Once the organization has decided on the objectives, the becomes necessary to devise a strategic plan in order to reach the objectives.

Our strategic planning process takes into consideration a number of critical factors that are closely related to the concerned business including:

* Analysis of the market conditions that impact growth in other words the analysis of the targeted consumer segment.

* Analysis and deciding on the strategic goals that the organization has to achieve in a fixed time period.

* Analysis of the necessary resource in order to achieve the set service targets and demands.

* Training and development in order to achieve the desired output.

* Evaluation of the product with the help of the required benchmark.

* Strategies to enhance operational efficiency and operational capacity.

* Financial planning for the organization.

Once the strategic planning process has been done, it becomes necessary to implement a combination of the above mentioned strategies for a given product.The above mentioned strategies will have to further expressed and further implemented on the basis of the priorities. Marketing, research and development, productivity, human resources along with the information systems play a vital role in strategic planning services.

by: Karthik Deepak
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Strategic Planning Process - Invensis Mountain View