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Strategic Planning Lifecycle

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Lisa Anderson
Published on 2022-10-17
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This Strategic Planning Lifecycle is how organizations develop plans to achieve long-term goals. This process is distinct from project planning, which is used to scope and assign tasks for individual projects, or strategy mapping, which assists you in determining your mission, vision, and goals. The strategic planning process helps you develop a roadmap for which strategic objectives you should achieve and which initiatives will be less beneficial to the business. This phase of preparation lays the groundwork for all subsequent work. You must first determine where you are to determine where you need to go and how you will get there.
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Strategic Planning Lifecycle