What Are Some Benefits of Strategic Planning?
The benefits that can accrue from strategic planning (but don't always due to poor planning or poor implementation, come in a range of shapes and colors. The organization, workunits, managers, supervisors and employees can profit from having a good strategic planning process, and a good strategic plan available.
Here are some of the benefits that may occur as a result of strategic planning.
- makes the management of an organization easier by providing a framework and a clearly defined direction for decision-making.
- establishes a uniform vision and purpose that is shared among all members of the organization and helps them pull in the same direction.
- works to create an increased level of commitment to the organization and its goals.
- can result in improved quality of services for clients and a means of measuring the service.
- helps everyone in the organization with setting priorities and matching resources to opportunities.
- increases the ability to deal with risks from the external environment.
- improves the decision-making in a number of different areas, including human resources (recruitment, selection), training departments.