- Understand the need for a strategic plan.
- Set goals.
- Develop assumptions or premises.
- Research different ways to achieve objectives.
- Choose your plan of action.
- Develop a supporting plan.
- Implement the strategic plan.
What are the steps in planning?
- Suggested Videos. Classification of business. ...
- 1] Recognizing Need for Action. ...
- 2] Setting Objectives. ...
- 3] Developing Premises. ...
- 4] Identifying Alternatives. ...
- 5] Examining Alternate Course of Action. ...
- 6] Selecting the Alternative. ...
- 7] Formulating Supporting Plan.
What are the 6 steps to the planning process?
- Step 1 - Identifying problems and opportunities.
- Step 2 - Inventorying and forecasting conditions.
- Step 3 - Formulating alternative plans.
- Step 4 - Evaluating alternative plans.
- Step 5 - Comparing alternative plans.
- Step 6 - Selecting a plan.