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What is the importance of strategic planning in business?

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Question added by Thurayya Al Qasim , Legal Counsellor , Ihqaq Law Firm
Date Posted: 2018/02/07

Because the strategic planning provides clarity, direction, and focus for your organization and it drives organizational alignment and also playing the role of communication of your message

Eduardo Inosanto
by Eduardo Inosanto , Board of Mechanical Engineering Examination

The importance of strategic planning in business are sales target and forecasting, budgeting and customer relations

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Strategic Planning in business is allowing the organization to chose and bring a desired and unique future of it.

Ahmed Abo Shahrour
by Ahmed Abo Shahrour , Projects - Sales Manager – Oil & Gas , Aldrees Industrial & Trading Company) ALITCO)

from the strategic business plan you will have a clear vision about the your sales target, targeted costumers, number of required sales delegates, Budget, your stock of goods & all the possible risks .

in your business plan you should know your strength, weaknesses, opportunities & threats. we called it SWOT analyses 

Emeliza  Gallardo
by Emeliza Gallardo , CLEANER @ BIOHAZARD , ARAB MEDICAL DAR

strategic being polite.creative etc..that character should has or should i say most businessman has.not what? should be why? absolutely your gaining more income,people be known the product or business.@ you were in compitetion you like it or not you dont like to be loser or being different in any business you were in now.

Sherif Shabaan
by Sherif Shabaan , Green Riyadh.. Site Civil Engineer , Al Fahd Company

Access to gain with low risk

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