Strategic Planning: Efficiency, Tactics, and Business Goals
Classified in Other subjects
Written on in English with a size of 2.54 KB
Planning and Efficiency
Efficiency is the ability to do things correctly. These two criteria must align with the implementation of two aspects: planning, the establishment of goals, and the selection of the correct means to reach those goals. Both aspects are of great importance to the administrative process.
Strategy
The traditional approach to strategy states: "Science and art applied to the general conduct of large-scale operations, which influence the long-term effectiveness of an organization."
Strategic Planning
Strategic planning involves determining tactics, projects, and next steps. This represents the strategic planning process currently applied throughout the business sector.
Igor Ansoff (1980)
Identifies the emergence of strategic planning