It’s based on an organization's art on creating a framework, implementing and analyzing the results based on its performance in future. In this a planning process is worked out and it takes about three to five years. A strategic plan is a document that contain all the aims and the path by which it can be accomplished. The planning committee consists of employees from all the fields within the business firm. To complete this procedure, analysis and the formation of actual strategy is needed. The strategic execution is practice of set of processes that confirms the company is working according to the plan created and resources are allocated as the solid structure. Measuring the up-to-date performance and moving forward with right steps marks difference. It is not a step-by-step protocol; it is the ability of an individual to foresee the future company. This provides a sense of direction with a creation of standard and accountability. Let's discuss the topic with more information obtained from the PowerPoint presentation.

Sreelakshmi Sethumadhavan

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