In the 1970's, many large firms adopted a formalized top-down strategic planning model. Under this model, strategic planning became a deliberate process in which top executives periodically would formulate the firm's strategy, then communicate it down the organization for implementation.
The Strategic Planning Process:
- Mission
- Objectives
- Situation Analysis
- Strategy Formulation
- Implementation
- Control
http://www.netmba.com/strategy/process/
Came across a great website the breaks down the Strategic Planning Process. Wanted to further my research on planning for the new systems implementation I wrote about in my previous blog.
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