So why is this example of strategic planning so easy to understand in the context of a personal objective — that being to lose 20 pounds — but so difficult to execute in a corporate setting.

Strategic event planning can incorporate market targeting by including activities that appeal to certain types of customers. For example, a business that sells luxury cars might see its target ...

Example of Tactical Planning in Business. Tactical planning takes a company's strategic plan and sets forth specific short-term actions and plans, usually by company department or function.

Strategic planning is always connected to the larger vision and goals your business has. So, when you do it well, a natural, positive side effect is that everybody becomes more aligned.

Product-centric strategic planning aligns your organization's objectives and key results with its most dynamic value creation engine.

A strategic plan is typically one to three years long. It’s important for center directors and the management team to determine how it will reach its vision and mission during this period.

Every business book stresses the need for companies to do strategic planning. Every motivational speaker emphasizes the need to set goals to be successful in business and life. Yet few contactors have ...

For example, one element of my strategic plan is to be recognized as a thought leader in the intersection of economics and business. That’s an easy thing to claim.

The 2007 strategic plan of the University of Illinois, for example, put forward explicit objectives along with precise metrics, bench marks, timetables, and budgets.

For AHS, another example of physician participation in strategic planning is the work being done in its ACOs. "I've been stunned by their level of participation," says Gragnolati.