Strategy: Strategic Planning Process – Best Practice Report

Strategic planning is a systemic process through which an organisation assesses where it is at the present time, communicates where it wants to be in the future (through its mission and vision), and makes the necessary decisions to reach its goals. The process includes making sure that monitoring, control and improvement mechanisms are in place, which help to ensure the smooth implementation of the plan and mitigate any interruptions.

BPIR Categories

14.1.3 Set performance targets.
14.3.1 Create commitment for improvement
15.1.1 Strategy success measures & performance indexes
15.6.2 Strategy development & deployment
2.1 Monitor the internal and external environment
2.2.4 Formulate and review business unit strategy
2.2.5 Integrate future foresight scenarios into strategy
2.3.1 Identify, plan & map key processes
2.5.1 Communicate policies & strategies
2.5.2 Develop & set organisational goals
2.5.3 Develop and deploy action plans & projects
2.5.4 Identify and manage risks
2.5.5 Ensure business continuity