Internet Article Review: Effective Strategic Planning Effective Strategic Planning The author's focal point in this article is strategic planning, the importance of it in today's business environment and various problems associated that may arise. The article discusses several problems that may arise during strategic planning and the importance of high yield goals during the planning stage. It offers a systematic approach to creating the necessary performance measures to track the plan, the various characteristics of …
showed first 75 words of 857 total

showed last 75 words of 857 total
…have failed to meet the prescribed time standards. The plan may need to be completed within 15 days, but since the plan did not take into account the daily procedures already in place, there was no way to complete the plan on time. By properly planning the objective taking into account all factors that may affect the plan, management can produce more efficient and successful strategic plans. References Lefkowith, D. (2001). Effective strategic planning. Management Quarterly, 42(1), 7-11.