rubber head Beige square thin Square shallow shoes Women's mouth head 81nqxA6tw

rubber head Beige square thin Square shallow shoes Women's mouth head 81nqxA6tw

thin mouth shallow square head head Beige rubber Square Women's shoes
| Login

What is Strategic Planning?

Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization is, who it serves, what it does, and why it does it, with a focus on the future. Effective strategic planning articulates not only where an organization is going and the actions needed to make progress, but also how it will know if it is successful. 

What is a Strategic Plan?

A strategic plan is a document used to communicate with the organization the organizations goals, the actions needed to achieve those goals and all of the other critical elements developed during the planning exercise. 

What is Strategic Management?  What is Strategy Execution?

Strategic management is the comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission, vision and strategy throughout an organization. Strategic management activities transform the static plan into a system that provides strategic performance feedback to decision making and enables the plan to evolve and grow as requirements and other circumstances change.  Strategy Execution is basically synonymous with Strategy Management and amounts to the systematic implementation of a strategy.

What Are the Steps in Strategic Planning & Management?

There are many different frameworks and methodologies for strategic planning and management. While there are no absolute rules regarding the right framework, most follow a similar pattern and have common attributes. Many frameworks cycle through some variation on some very basic phases: 1) analysis or assessment, where an understanding of the current internal and external environments is developed, 2) strategy formulation, where high level strategy is developed and a basic organization level strategic plan is documented 3) strategy execution, where the high level plan is translated into more operational planning and action items, and 4) evaluation or sustainment / management phase, where ongoing refinement and evaluation of performance, culture, communications, data reporting, and other strategic management issues occurs. 

What Are the Attributes of a Good Planning Framework?

The Association for Strategic Planning (ASP), a U.S.-based, non-profit professional association dedicated to advancing thought and practice in strategy development and deployment, has developed a Lead-Think-Plan-Act rubric and accompanying Body of Knowledge to capture and disseminate best practice in the field of strategic planning and management. ASP has also developed criteria for assessing strategic planning and management frameworks against the Body of Knowledge.

    rubber square thin head Square shallow shoes Beige head Women's mouth

There are numerous strategic planning and management frameworks that meet these criteria, such as the Balanced Scorecard Institute's Nine Steps to Success. For more information about the criteria, please visit the ASP website

For more information about strategic planning and management in general or for about how Balanced Scorecard Institute can help you, please consider our certification or consulting services, or contact us directly.


Quick Resources

Learn About Balanced Scorecard Based Strategic Planning and Management


Women's Sasha Boot Riding Black LifeStride WS Rxqwd5R1

Where do you stand against other high performing organizations in terms of strategy management?
Use the Strategic Management Maturity Model™ to assess your performance.

Get certified by the Association for Strategic Planning

Men's Grey Fuse Athletic Shoe Ariat naxXgqFqw
By Randall Rollinson

The 5 Most Important Factors to Successfully Implement Strategy
By Randall Rollinson

On Toe apricot Shoes Pumps Mid Heels Printed Slip Work Low Pointed Slim YDN Dress Women F4wYRqOO
By Howard Rohm

Wigs, Pigs, and Desserts
By Gail Stout Perry

Multi Rn Nike Men's color Free RqqxFrtEv
mouth head Square Beige Women's head shoes rubber square thin shallow
By David Wilsey
shallow rubber thin head Beige square Women's head mouth Square shoes

Strategic Themes - How Are They Used and WHY?
By Gail Perry

The Post-Retreat Strategic Planning Letdown
By David Wilsey


head Square shoes rubber Women's Beige square mouth thin head shallow
mouth head Square head Women's shallow Beige thin rubber square shoes
shallow head Square head Beige Women's thin rubber shoes square mouth
thin mouth head Beige head Square square shallow Women's rubber shoes