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And Alkhaffaji F. Abbasse. 2003. Strategic Management Formulation Tyndall R. Gene Cameron John and Taggart C. 7 1 70-85. http //businessperspectives. org/journalsfree/ppm/2009/PPMEN200901Gilbert. pdf Nelson Alan Richard. Wells Lindsey Denis. Strategic Management for Senior Leaders A Handbook for http //govinfo. library. Therefore evaluation of all these factors helps organization to plan strategies and later to manage them. References Gilbert Ulrich Dirk and Behnam Michal. 2009. For example...
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Step 1: Research and gather information about your organization or business. This includes understanding your mission, vision, goals, and current market position.
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Step 2: Identify key stakeholders and decision-makers who will be involved in the strategic planning process.
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Step 3: Set clear objectives and define what you want to achieve with your strategic plan.
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Step 4: Conduct a SWOT analysis to assess the strengths, weaknesses, opportunities, and threats to your organization.
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Step 5: Develop strategies and action plans to address the identified issues and capitalize on the opportunities.
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Step 6: Create a timeline and allocate resources for implementing the strategic plan.
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Step 7: Regularly review and evaluate the progress of your strategic plan and make necessary adjustments.
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Step 8: Communicate the strategic plan to all stakeholders and ensure their understanding and commitment.
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Step 9: Monitor the implementation of the strategic plan and measure the outcomes against the set objectives.
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Step 10: Continuously update and refine your strategic plan to adapt to changing circumstances and new opportunities.

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Nonprofit organizations can use strategic planning to define their mission, prioritize their initiatives, and attract funding and support from donors.
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Government agencies and public sector organizations can use strategic planning to align their objectives with the needs of the community and ensure efficient utilization of resources.
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Large corporations often rely on strategic planning to stay competitive in the market, identify new business opportunities, and manage risks effectively.
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