Transcription of Course 10: Strategic Planning - exinfm
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Course 10: Strategic PlanningCourse 10: Strategic PlanningCourse 10: Strategic PlanningCourse 10: Strategic PlanningPrepared by: Matt H. Evans, CPA, CMA, CFMThis Course provides a concise overview of how todo a Strategic plan. The entire Strategic planningprocess is outlined within this Course . This Course isrecommended for 2 hours of ContinuingProfessional Education. In order to receive credit,you will need to pass a multiple choice exam whichis administered over the internet in Financial ManagementPreliminary ConsiderationsWhat is Strategic Planning ?The essence of management includes the ability to plan. As you work your way up theorganization, Planning moves from operational to Strategic . Strategic Planning is one of theprincipal responsibilities of upper-level management. Once management decides on theStrategic Plan, lower-level managers implement the Strategic Plan through an Planning attempts to answer a very fundamental question: Where do we want to beone year from now, two years from now, three years from now, Strategic Planningrequires that an organization develop a vision of itself - how do we see ourselves in thefuture?
4 Organizing the Process Our first step within strategic planning begins with organizing the process. Before we start to organize the process, we need to make sure the organization is ready for strategic planning.
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