Strategic Thinking

What is STRATEGIC THINKING? * Strategic Thinking is a intend process that applies: * base * Strategic planning * Operational planning to develop line of merchandise strategies that have a greater chance for success. * Strategic thought is needed to be done in every physical compositions or businesses to pee their specific goal which is to be much prospered and productive. What is INNOVATION? * Innovation is the creation of better or more effective products, processes, technologies, or ideas that are accepted by markets, governments, and society. * Innovation is creating new ideas from the old one. For example, the idea of making copies of paper from the mimeograph machine and Photostat to Xerox. It is because we cope up with something new from the old one. other example is communicating to people at first we alone have telegraph and snail mail but at present we already have voice calls and mails, cellphones and e-mails. What is STRATEGIC PLANNING? * An brasss process of defining its strategy, or direction, and making decisions on allocating its resources to follow this strategy, including its capital and people. * A strategic planning is used for wide period of times on how they will use their resources to attain their goal.

Strategic Planning is a management tool that helps an organization focus its energy, to ensure that members of the organization are working toward the uniform goals, to assess and adjust the organizations direction in result to a changing environment. In short, strategic planning is a disciplined effort to produce fundamental decisions and actions that shape and hap what an organization is, what it does, and why it does it, with a focus on the future. * often Asked Questions: * What do we do? * For whom do we do it? * How do we pass? * How can we beat or avoid competition? What is operating(a) PLANNING? * a subset of strategic work plan that describes... If you essential to get a full essay, order it on our website: Orderessay

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