Differences between strategic planning and business planning

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Reference no: EM132213515

Assignment: 250 Words minimum

For this week's Forum, respond to the following:

• Write a one-two sentence personal definition of strategic planning. Base your definition on what you have encountered in the reading/materials this week, as well as on what you have already learned about the topic.

• Discuss this statement by Roger L. Martin: ". . . good strategy is not the product of hours of careful research and modeling that lead to an inevitable and almost perfect conclusion. Instead, it's the result of a simple and quite rough-and-ready process of thinking through what it would take to achieve what you want and then assessing whether it's realistic to try. If executives adopt this definition, then maybe, just maybe, they can keep strategy where it should be: outside the comfort zone."

• Finally, describe the differences between strategic planning and business planning.

Your post must also end with a "Question to the Class" - something related to the topic that you found thought-provoking and about which you'd like to know more and have further dialog.

Information related to above question is enclosed below:

Attachment:- Format-Forum.rar

Reference no: EM132213515

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