
Strategic
Management
in
Small
Business
perspectives, models, and approaches used in strategic planning.
The
way a strategic
plan is developed depends on the organisation's .Ieadership. culture, complexity
of
environment, size, expertise
of
planners, and
so
on.
Entrepreneurs too often procrastinate on annual planning. It seems a daunting task
because they imagine annual planning
to
be a huge, time-consuming, difficult chore.
Yet planning
can
be quick and easy. And it is an exercise in strategic thinking that
helps you remove uncertainty, avoid surprises, pull your team together, and save time
and money.
Strategic Planning: The Challenge