The basic steps of the strategic planning process are defining the organizations mission, setting strategic goals and creating a strategic plan to achieve what you want. This process is much more complicated than one would expect. The first step is to check-out your competition. By seeing what your competitors offer, you can see what type of market would be the best to invest in. Once this strategy is in place, plans to support your goals must be formulated.
Strategic planning starts with identifying your company's environment. One can do this by reviewing the economic, demographic, technological and competitive forces that help to shape the organization's strategy.
Finally, once you have determined your company's mission and strategy, you have the job of implementing the idea. Your managers are your best defense for creating plans to achieve these goals.
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