Why is Strategic Planning Important?

Strategic planning is essential for organizations to establish their mission, vision, and goals and allocate resources to achieve them. It helps organizations make informed decisions and prioritize their activities, which enhances their effectiveness and efficiency.

Strategic planning also facilitates stakeholder engagement and enables organizations to be proactive in responding to changes in their environment. By providing a roadmap for the organization's activities, strategic planning helps to ensure the long-term success and sustainability of the organization.