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Strategic planning is a process that helps organizations achieve their business goals by defining a mission statement, establishing a vision for the future, and setting long-term goals over three to five years. The five main phases of strategic planning include identifying the current position of the business, prioritizing objectives and initiatives, creating a strategic plan, implementing the plan, and evaluating and adjusting strategies as needed. To develop your own strategic plan, click the provided link for free templates and examples. Subscribe to iontech for the latest tech videos.
