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Strategic Planning

The following is adapted from George Steiner, Top Management Planning, 1969.

  • Strategic planning is conducted at a higher level of an organization than tactical planning.
  • Strategic planning is both continuous and irregular in response to non-routine stimuli.
  • Strategic planning is heavily dependent upon subjective assessments.
  • Strategic planning usually involves choice among a range of alternatives.
  • Uncertainty is high in strategic planning.
  • The problems confronted by strategic planning are unstructured and usually unique.
  • Strategic planning requires large amounts of information.
  • Strategic planning usually covers a long time period.
  • Strategic planning tends to encompass the entire scope of activity of an organization.
  • Strategic planning constitutes the point of reference or framework for other planning, especially tactical planning.
  • Strategic planning tends to be broad in scope.
  • Strategic planning tends to involve only the senior managers of an organization.
  • The effectiveness and efficiency of a strategy is hard to evaluate.
  • Risks, controversy and innovation are usually involved in development of a strategy.
  • Strategic planning is usually conducted from the perspective of the organization as a whole.

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