10 Steps to Successful Strategic Planning

INTRODUCTION

Mistakes are costly—so costly they can force out of business an organization once seen as an industry leader and powerhouse. Strategic plans help alleviate mistakes because they support a company's ability to

   apply resources where they are needed and “ignore” practices that don't need to be changed

   prioritize needs and tactics in a way that provides more benefit for the cost

   evaluate realistically if a tactic can be achieved ...