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1. Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. In order to determine the direction of the organization, it is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. What is strategic planning and why is it an important tool in the X industry? Choose an industry and exemplify your answer.
2. You will choose an industry and exemplify your answer with it. Roles in Strategic Planning and Implementation There are many different perspectives on ways to create the best strategic plan. Many ... (your industry example) organizations have very strong feelings about how strategic planning should be done. Why is strategic planning an important tool in the ... (your industry example) industry? Who should be involved in the strategic planning process in an organization and how often? What roles do the governing board, providers, and middle management play in strategic planning and its implementation?
Explain why you think this idea will benefit the business in terms of return of investment (ROI). Prepare a plan to present your idea to your supervisor covering the following items: Create a vision of your idea that explains the value to the company
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Southco is medium sized American-owned global manufacturer of access hardware solutions such as, latches and hinges, used for application in the aircraft, railway, computer and automotive industry.
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