the strategic planning process and SWOC analysis

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Business Finance

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3. How important is the agreement phase of the strategic planning process? Why? What are some of the specific aspects of the process of developing an initial agreement that are important to consider? Support your thoughts with material from our text or outside sources. why is it important to clarify organizational mandates and mission?

4. What is a SWOC analysis? Why would it be important to understand? Why would it be important to understand external environmental assessments? What are the main categories of forces and trends that relate to external environments? What do you feel is the most interesting recent issue and trend that is listed in our reading material that relates to forces and trends? Why?

250 words each question with citations

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Running head: THE STRATEGIC PLANNING PROCESS AND SWOC ANALYSIS

The strategic planning process and SWOC analysis
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THE STRATEGIC PLANNING PROCESS AND SWOC ANALYSIS

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Question 3
The agreement phase of the strategic planning process is important because; first, the board
members are in a position to explain to the staff members and the stakeholders of the company
what strategic planning process means and how it is carried out. Nevertheless, the board is able
to describe the potential value of strategic planning process to the company in relation to vision
and common focus. In addition, the board is able to discuss concerning the costs which may be
involved in strategic planning process in terms of board and staff time and other resources and
also what may be given up so that the plan can be developed. Lastly, ...


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