C R A Y O N S D I G I T A L

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Why should an organization do strategic planning?

The primary motive for organizations to do strategic planning is to make decisions based on preplanning research and purposeful thinking. There are many specific reasons for a corporation to initiate a strategic planning process, including the following:

  • provide a structure for management
  • give the organization better control over external forces
  • serve as a tool for deciding and resource allocation
  • develop a strategy for innovation so the organization can compete effectively
  • bring everyone together within the organization in order that they’re on an equivalent wavelength
  • raise management/employee awareness of current issues and operations
  • reawaken and motivate key people within the organization
  • position the organization for a merger or joint venture
  • create a document suitable for fundraising and/or public relations
  • increase morale within a corporation and develop a way of trust and cohesion
  • set the stage for the organization to make a “quantum leap” to a new level of product/service development or functioning