Most organizations do some kind of long-range or strategic planning.
The formal strategic planning process has been used for more than 40 years, but experience shows most strategic planning processes are poorly developed and poorly executed. To establish a strategic planning process that will meet these cornerstones of success, managers need to plan to plan. Create a clear definition You can't believe in, commit to or do what you can't define. It is imperative that a clear definition of strategic planning be agreed to by all parties involved. The company culture needs to be identified.