What strategic planning and execution means in the context of business operations

[Stardom22]

Strategic plans involves developing a plan for the future of the organisation based on it's current goals and objectives.
Execution refers to putting strategic plans into action.

 

[Bisolami]

Strategic plans involves developing a plan for the future of the organisation based on it's current goals and objectives.
Execution refers to putting strategic plans into action.

And it is quite sad that some companies have a very good strategic plan but they always fail to execute their plans because of one thing or the other

 

[Shavkat]

It also applies to cause and effect principle. Once the strategic planning has been finalized, then the execution will be carried out. It is how this principle applies to the any business industries.

 

[Springtime]

Strategic planning is the process in which a company's top management define their vision for the future and identify the company's goals and objectives. The process includes establishing the steps which should be taken to achieve the goals. Execution is to carry out the steps being planned.

 

[Bisolami]

It also applies to cause and effect principle. Once the strategic planning has been finalized, then the execution will be carried out. It is how this principle applies to the any business industries.

Hmm this is very correct
I guess you are a business oriented person

 

[flower]

In the business domain, strategic planning and execution means you have a very detailed plan on ground that is doable and you'll be able to achieve them so easily with no hiccups.

 

[cherry123]

In life we need good planning and execution to be able to succeed better same is applicable to a business you need to plan some steps and execute them.for success.

 

[Heatman]

Strategic plans involves developing a plan for the future of the organisation based on it's current goals and objectives.
Execution refers to putting strategic plans into action.

Everything bothers on having a business blueprint on how you run your business and make sure you follow it to the latter because once you start working outside your business plan, you are definitely going to find it very challenging.

 

[uptrendfinancialsignal]

In life we need good planning and execution to be able to succeed better same is applicable to a business you need to plan some steps and execute them.for success.

It is true that a good plan and execution goes hand-in-hand for the success of a business.

 

[Niyi Briggs]

Strategic planning and execution has to do with an idea or an approach being carefully weighted against other alternatives and continuously being reviewed in execution.

 

[IB D]

Strategic planning involves empirically examining future road maps and picking the one that is most suitable for the business.

 

[Niyi Briggs]

In the business domain, strategic planning and execution means you have a very detailed plan on ground that is doable and you'll be able to achieve them so easily with no hiccups.

Doability is the bane of strategic planning. Most times, businesss persons have plans but they fail to examine if that plan is doable. Can it be executed in real life. Plans are easy to make on paper. Executing it on ground is always the hard task.

 

[cherry123]

yes a good plan and execution goes hand-in-hand it is good to have plans that you can examine and execute for the success of a business. it is to help the business grow

 

[Bisolami]

Doability is the bane of strategic planning. Most times, businesss persons have plans but they fail to examine if that plan is doable. Can it be executed in real life. Plans are easy to make on paper. Executing it on ground is always the hard task.

Some people have plans buy they won't implement it. Some will even implement it and they won't do it well. And plans should be made properly and not in a haste or in a rush

 

[cherry123]

Yes one thing is to have plans but the most is to implement it. without implementation or execution of plans it won't work well. So apart from planning making it work in the right direction is another

 

[Bisolami]

Yes one thing is to have plans but the most is to implement it. without implementation or execution of plans it won't work well. So apart from planning making it work in the right direction is another

And there are times when we implement the wrong plans. We need to be sure of our plans first and implement it in our head before we think of implementing it in real life

 

[Etini Willie]

Strategic planning requires that you have a well tested and laid out plan to pursue your business plans with backup options.

 

[King Belieal]

When a business makes strategic planning, it means that they consider all possible factors that can possibly affect their plans.

 

[eldavis]

And it is quite sad that some companies have a very good strategic plan but they always fail to execute their plans because of one thing or the other

That's true, it's one thing to have a good business plan, it's another thing to be able to execute or carry it out. Most times it is usually due to poor management.