This essay focuses on Strategic Planning Process. Describe the steps in the decision-making process, and predict how the personal attributes of the manager influence decision making.
Strategic Planning Process
In a four- to five-page paper (excluding the title and references pages), discuss the process.
- Firstly, planning is a management process concerned with defining goals for a company’s future direction and determining the resources require to achieve those goals. Managers may develop a variety of plans ( business plan, marketing plan, etc.) during the planning process.
- Secondly, Achieving a vision requires coordinated efforts that adhere to a broader organizational plan. This is enabled through consistent strategies that are supported by staff at all levels.
- Further, Planning enables increased focus on, and coordinated action toward, competitive strategies. Minimizing waste time and ensuring there are benchmarks for the control process.
- Planning typically offers a unique opportunity for information-rich and productively focused discussions between the various managers involved. The plan and the discussions that arise from it provide an agree context for subsequent management activities.
In your paper: Explain the basic steps in the planning process. Describe the steps in the decision-making process, and predict how the personal attributes of the manager influence decision making. Predict how the steps of the strategic planning process and the environmental factors that influence decision making impact the quality-productivity-profitability link. Your paper must include in-text citations and references from at least three scholarly sources, in addition to the text, and be formatt according to APA style as outlined in the Ashford Writing Center (Links to an external site.) .