The Importance of Strategic Planning in the Business Environment

Business & Finance, Management & Leadership, Operations Research
Cover of the book The Importance of Strategic Planning in the Business Environment by James Tallant, GRIN Verlag
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Author: James Tallant ISBN: 9783640836673
Publisher: GRIN Verlag Publication: February 19, 2011
Imprint: GRIN Verlag Language: English
Author: James Tallant
ISBN: 9783640836673
Publisher: GRIN Verlag
Publication: February 19, 2011
Imprint: GRIN Verlag
Language: English

Essay from the year 2009 in the subject Business economics - Operations Research, grade: 100.00, University of Phoenix, course: BUS 475 Integrated Business Topics, language: English, abstract: Importance of Strategic Planning and Management in the Business Environment The business that the author wants to start is a green eco-friendly organization that designs and builds water turbine induction systems for power creation and water desalination for the costal United States. However, starting a business is a challenge. Without proper procedures and guidelines, a new business owner cannot identify and maintain a game plan to success. Creating a rough outline or game plan by the issuing of a mission statement is part of the strategic management process. To coincide with a mission statement, a vision statement is created that describes what the organization wants to become. This paper will review how important these factors are as well as the four concepts of business: planning, leading, controlling, and organization are to the creating and implementation of a strategic business plan.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Essay from the year 2009 in the subject Business economics - Operations Research, grade: 100.00, University of Phoenix, course: BUS 475 Integrated Business Topics, language: English, abstract: Importance of Strategic Planning and Management in the Business Environment The business that the author wants to start is a green eco-friendly organization that designs and builds water turbine induction systems for power creation and water desalination for the costal United States. However, starting a business is a challenge. Without proper procedures and guidelines, a new business owner cannot identify and maintain a game plan to success. Creating a rough outline or game plan by the issuing of a mission statement is part of the strategic management process. To coincide with a mission statement, a vision statement is created that describes what the organization wants to become. This paper will review how important these factors are as well as the four concepts of business: planning, leading, controlling, and organization are to the creating and implementation of a strategic business plan.

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