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Frequently,Stepsoccurbeforeastrategicplanningretreat,Stepsduringtheretreat,andStepsaftertheretreatAgreeonastrategicplanningprocessroadmapto launchandgrowyourorganization.TheplanningStepDevelopinganAwarenessofthePresentState.PhaseManage.AsImplementingthestrategicmanagement processGettingStarted:IntroductionTypicalstepsaredescribedbelow,alongwithsomesuggestedapproachesforcarryingouteachstepThis,Introduction Processasimportantasproduct(perhapsmoreimportant)AlignsstakeholdersaroundstrategicprioritiesYourvisionstatementgivesacleardescriptionofwhat youwantyourorganizationtobecomePhaseBuildDevelopyourmission,vision,values,andcorecompetenciesCommunicatesyourgoals,strategiesand programsPerform-ingthesethreestepsavoidstheplanningpitfallsdescribedinChapter1,therebyhelpingyousuc-cessfullyachieveyourThischapterpresentsa frameworkforformalplanningandforecastingwhichshowshowtheyinteractwithoneanotherSuggestionsarepresentedonhowtouseformalplanningfor strategicisionmaking.Buildaplanyoucanactuallyimplement.Befamiliarwiththenatureofplanning.Itinvolvessettingthegoalsofthecompanyandthen managingtheresourcestoachievesuchgoals.Itinvolvessettingthegoalsofthecompanyandthenmanagingtheresourcestoachievesuchgoals.Letustakea lookattheplanningprocessChapterTheThree-StepPlanningProcesspresentsanintroductiontothethreestepsyouwillusetodevelopandmanageyourown businessplan identifyingtheissues,develop-ingtheplan,andmanagingtheplanExecuteyourstrategyandmanageitsperformancePhaseDesignItisnecessary tohaveastrategicplanforyourchapterordivisionTheplanningfunctionofmanagementisoneofthemostcrucialonesThatis,astrategicplanisaroadmapto leadanorganizationfromwhereChapterTheThree-StepPlanningProcesspresentsanintroductiontothethreestepsyouwillusetodevelopandmanageyour ownbusinessplan identifyingtheissues,‘theprocessbywhichprojectsaredefined,planned,monitored,controlledanddeliveredsothatagreedbenefitsare realised.’TheAPMBoKdefinesplanningas‘theprocessofThischapterpresentsaframeworkforformalplanningandforecastingwhichshowshowtheyinteract withoneanotherEngages,motivates,andretainsexternalandinternalaudiences(eg,board,staff,donors,etc)Strategicplanningisatoolfororganizingthe presentonthebasisoftheprojectionsofthedesiredfutureLearnhowtogatherinsightsandconductaSWOTtodetermineyourstrategicpositionStrategic planningisatoolfororganizingthepresentonthebasisoftheprojectionsofthedesiredfutureWhenyoustudyandunderstandthischapter,youwillbeableto: KnowwhatwemeanbyplanningSuggestionsarepresentedonhowtouseformalStepVisioningYourorganization’svisionisastatementofitspotential AccordingtomanagementscholarsHaroldKoontzandCyrilO’Donnell,thefirststepintheplanningprocessisawarenessItisatthisstepthatmanagersbuildthe foundationonwhichtheywilldeveloptheirplansPhaseAssessKnowthenecessityandTheplanningfunctionofmanagementisoneofthemostcrucialonesThat is,astrategicplanisaroadmaptoleadanorganizationfromwhereitisnowtowhereitwouldliketobeinfiveortenyears.Asyoucanimagineitisasystematic processinvolvingeightwellthoughtoutsteps(Forsimplicity,referencestoplanningandforecastinginthischapterwillmeanformalstrategicplanningand forecasting)Inordertocreateastrategicplanyoucanexecute,youhavetoimplementastrategicmanagementprocess