Understanding the Process of Strategic Planning

Business Strategy
(Understanding the process of strategic
planning)

Table of Content
 Introduction
 Business vision, mission, goals, objectives and core
competencies.
 Factors implemented while formulating strategic plan.
 Techniques used in relation of strategic planning & evaluation.
 References.

Introduction
 Business strategy is described as management of science
and art which is related with cross functional decisions in
order to attain long terms goals and objectives.
 This is an important tool in order to evaluate overall
performance of business and design a ways where all their
goals and objectives can be achieved.

Business Mission, Vision, Objectives, Goals
and Core Competencies
Business strategy are linked with management of science
which are designed in order to achieve all their designed long
term goals and objectives. This is valuable in achievement of
all their targets in order to attain success.