Reference no: EM133824394
Question
Establish resource requirements for strategic planning.
1. Which physical resources are required for strategic planning and review (e.g. are template documents available to support strategic planning)?
2. Are there any financial and budget requirements for strategic planning and review (e.g. leadership team retreat, budgeted amounts etc.)?
3. Which stakeholders should be part of:
1. Developing a strategic plan?
2. Reviewing the strategic plan? Research the global environment and market your business operates in. Use a variety of written sources of information (at least three).
1. Identify global and market trends for your business's industry.
2. What are current global market demands?
3. What are future global market demands?
4. Describe best practices for the industry (include an example).
5. What are the current risks for the industry (at least three)?