The business planning process is designed to answer two questions: Where are we now? Where do we want to go? The result of this process is a business plan that serves as a guide for management to run ...

"Strategy is the direction and scope of an organization over the long-term which achieves advantage for the organization through its configuration of resources within a challenging environment, to ...

Planning is an essential business function that requires a dedicated effort from the company's management team in order to fully realize the benefits. Companies often have an annual planning process ...

I remember when I first started my leadership development business 30 years ago, strategic planning was considered a top-down effort. I worked with leaders to help them create strategic plans that ...

Strategic planning is a critical business practice for positioning an organization for success, aligning leaders to a common plan, and guiding management decisions. Most companies conduct some form of ...

Change in the organization may flow from the strategic planning process or from the vision of the leadership. It may be incremental as annual goals are achieved. It differs from reengineering in that ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

Establishing a crisis management plan may seem overwhelming to school officials unsure of where to start. That’s why we broke the process down into manageable steps designed to help them take action.