Strategic Planning Frequently Asked Questions and Answers

What Is Strategic Planning?

There's no lack of definitions for strategic planning. Some definitions combine short and long term planning into strategic planning. Some don't. Here's one definition of the process:

Strategic planning is the process of taking inputs (information), organizing and making sense of that information, and producing an output (the plan) that covers a long period of time, and maps out the strategies, goals, and objectives for that period of time, that are expected to keep the organization focused, unified, and likely to succeed in the future, and over a long period of time.