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Pitfalls of Strategic Planning

Companies are always seeking new and more effective ways to achieve and sustain the success they desire for their organization. Strategic planning can be a powerful tool to achieve this goal. When done right, it can drive business, increase profits and fuel long-term growth for a company.

Elements of an Effective Strategic Plan

Strategic planning is the process of defining a company or organization’s fundamental identity and direction, as well as any business decisions and allocation of resources that support and further this determination. It includes a salient understanding of the business’s current position and a meaningful exploration of effective strategies for...

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