The foundations of strategic planning
What are the steps of the strategic planning cycle? Be sure to include a condensed description of the value of each step to a professional organization. • What are the long-term business benefits of strategic planning? • What are the unique hurdles that companies need to be aware of when implementing the foundations of strategic planning? Explain with specific examples from scholarly sources. • Based on your research and/or personal experience, would there ever be a reason why an organization would benefit from not utilizing strategic planning?