Strategic Planning
When companies get their strategies wrong, the results can be disastrous.
IBM's failure to maintain its leadership in the personal-computer market,
arguably one of the past decade's biggest strategic blunders, cost Big
Blue as much as $90 billion in lost market capitalization. In sports,
the “game plan” is the vision as to how the game is to be
won. It is the exact counterpart of military strategy. The term “game
plan” has become quite interchangeable with the term “strategic
plan”. “Strategy” is the leadership’s sense
of vision as to the overall course and direction of the organization.
Strategic planning refers
to a coordinated and systematic process for developing a plan for the
overall course and direction for the purpose of optimizing future potential.
Let SSP APTEC take you through the process of strategy formulation and
implementation. Which business can afford to be without a strategic
plan, or one that is regularly updated? We can’t think of any.