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What is Strategic Planning?

What does 'Strategic Planning' mean?

Strategic planning is the process of recording and establishing a company's trajectory by assessing its current and future position. A strategic plan is a type of document that outlines the company's mission, vision, values, and long-term goals and strategies for accomplishing them. A well-written strategic plan can play a significant role in the growth and success of your organization since it advises you and your employees on how to respond to opportunities and challenges. Strategic planning initially gained popularity in the 1950s and 1960s, and it remained popular in the business world until the 1980s, when it went out of favor.

List of software with Strategic Planning functionality

About the reviewer

Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

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