Understanding the Process of Strategic Planning - Business Strategy

Business Strategy
(Understanding the process of strategic
planning)
Task 1

Table of Content
• Introduction
• Core competencies, vision, mission and goals
• Factors which should be considered while formulating
strategic plans
• Effectiveness of various techniques used while formulating
strategic business plans
• References

Introduction
 Business strategy is very important document in today
competitive environment that assists in achieving
competitive advantages over its rivals.
 This presentation is based on Jack and Jones which is
an auto mobile industry.
 It provides innovative and unique design of products or
services to their clients.

Core competencies, vision, mission and
goals
Strategic planning is an organisational management activity by which
it can be ensured that every stakeholders are performing their job
as per predetermined standards and are working for achieving
common goals or objectives.