Strategic Planing

strategic planning is most important for businesses as it matches organisation strengths with market opportunities and also provides direction for meeting goals. The strategic plan has road map for the business. It alsoincludes the objective

and goals for each crucial area of business including marketing,organization, management, services, sales, target, customers, products, finances and services and finances. These business areas is laid out in the cohesive system which make the organization successfully plot the path and it assess progress towards

it has thefocus to stabilize the current environment, it also support organization's business plans, the goals. it helps to materialize and implement new technology, new products, consolidation of datawarehouse, data centre, exponential data growth,, and cost of ownership resources available in the organization to assess its future requirements. Strategic planning analyzes business plan,and potential blockage or other issues of current architecture, processes , their implementation in the new initiatives, andthe processes. Strategic planning helps us to formulate ideas about key factors which are affecting present andthe future development of organization and opportunities offered by environment and its competence of the valuable organization.

The key role of solving strategic tasks also belongs tothe strategic planning, which is also the process of the developing and maintaining the strategic balancewithin organisation

resources and goalin theturbulent changing market environment. The importance of strategic planning is determine the mosteffecient and promising fields of the activity providing with its growth and its prosperity. Strategic planning has a component broader concept "strategic management". Allthe four management functions (planning, organizing, controlling,leading), when talked about the concern of the strategic management include strategic orientation. When viewing the strategic planning from its highest level possiblewhich is within

thecompany, andthe planning function is from the area which stands out as most important area that involves the great deal of the development and focus.

The keen interest in strategic planning is literally caused bythe several reasons:

1. Realization of fact that the organization is open system and its main sources for success are in outside environment.

2. Strategic planning always allows the company to respond to all the factors of risk s

uncertainty and risk

the strategic plan will be giving us peace of mind---byknowing that we are on track to success which is satisfying. andIn more challenging era, the knowledge which certain aspects of our business need attention are priceless.with The strategic planing communication