How Do You Spell STRATEGIC PLANNING?

1. Strategic planning is a systematic and analytical process used by organizations to set goals, allocate resources, and establish a roadmap to achieve long-term objectives. It involves assessing and adapting to both internal and external factors that may impact the organization's ability to thrive in a competitive environment.

   At its core, strategic planning involves identifying an organization's vision and mission, clarifying its values, and understanding its strengths, weaknesses, opportunities, and threats. This information is then used to devise strategies and actions that align with the organization's overall direction. It typically involves forecasting future trends, analyzing potential risks, and determining the most effective deployment of resources to achieve desired outcomes.

   Through strategic planning, organizations can anticipate potential challenges, plot a course of action, and make informed decisions about resource allocation. It provides a framework for prioritizing objectives, setting measurable targets, and monitoring progress towards the achievement of long-term goals. By taking a proactive and holistic approach, strategic planning can help organizations remain competitive, adaptable, and responsive to both internal and external changes.

   Strategic planning is not a one-time event; rather, it is an ongoing process that requires continuous evaluation, adjustment, and refinement. It involves engaging stakeholders, gathering input, and fostering a collaborative approach to decision-making. Effective strategic planning can contribute to a more efficient and focused organization, resulting in increased productivity, profitability, and success in achieving desired outcomes.

Common Misspellings for STRATEGIC PLANNING

The word "strategic planning" combines the roots "strategic" and "planning".

1. "Strategic" comes from the Greek word "strategos", which referred to a military general or commander. This word is derived from "stratos", meaning "army", and "agein", meaning "to lead". Over time, "strategic" evolved to mean the art of military command and the development of long-term plans to achieve specific objectives.

2. "Planning" comes from the Old French word "plan", which originates from the Latin word "plannum", meaning "flat surface" or "plane". It initially referred to a map or a diagram. Eventually, "planning" acquired the meaning of arranging or organizing activities in order to accomplish a goal or objective.