Showing posts with label STRATEGIC PLANNING. Show all posts
Showing posts with label STRATEGIC PLANNING. Show all posts

Sunday, June 20, 2021

IMPACT OF STRATEGIC PLANNING ON ORGANIZATIONAL PERFORMANCE

 INTRODUCTION

1.1             Background to the Study

The effectiveness of strategic planning can be measured in terms of the extent to which it influences organizational performance, which affects its survival rate. Strategic planning can be defined as the process of using systematic criteria and rigorous investigation to formulate, implement and control strategy and formally document organizational expectations (Pearce and Robinson, 2014).

Strategic Planning is a process by which we can predict the future and develop the necessary procedures and operations to influence and achieve that future. As in many other fields, strategic planning professionals often wrap their work in pseudo-scientific jargon designed to glorify their work and create client dependence.