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10 Steps to Successful Strategic Planning by Teri Lund, Susan Barksdale

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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

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

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

images   evaluate realistically if a tactic can be achieved ...

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