It’s a framework formed by the organization's head for the better future of the company. Usually, a planning process always takes about three to five years. The process consists of a strategic plan, a document that contain all the goals and the way by which it can be achieved. The planning committee should consist of employees from all the areas within the firm. The methods to complete this procedure are analysis and the formation of actual strategy. The implementation or strategic execution is the practice of set of processes that ensure the organization is working according to the plan made and resources are allocated as over seen. It is not actually based on a step by step following, it is the capacity of an individual to foresee the future of the company as a well-established firm. This gives a sense of direction and creation of standard and accountability. Let's have a discussion about the topic. Have a look into the PowerPoint presentation.

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