Strategic Planning Frequently Asked Questions and Answers

What Is The STP (Situation - Target - Path Method or Model for Strategic Planning?

STP, or Situation, Target, Path is a very simple overview of the strategic planning method. It divides the planning process into three part, starting with defining the SITUATION - evaluating and analysing the current situation and how it came about.

The second component - TARGET - involves defining goals and objectives for the future. Sometimes this is referred to as defining the ideal or desired future state.

The third component - Path - involved defining a map or path to achieve the goals or future state.

The STP model, or methodology is that it is simple, but accurately describes, at least in a general way, what strategic planning involves.