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Aligning purchasing with the organizational strategy A study into the differences of presence and effectiveness from vertical strategy alignment between multiple types of healthcare organizationsiiiiiColophon Research
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Strategic planning is a process used by organizations to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's direction in response to a changing environment.
Strategic planning is required for all organizations, both for-profit and non-profit, to ensure long-term success and sustainability.
Strategic planning can be filled out by conducting a SWOT analysis, setting clear objectives, defining strategies to achieve those objectives, outlining action plans, and monitoring progress towards the goals.
The purpose of strategic planning is to establish a clear direction for an organization, determine priorities, allocate resources, focus on key areas, and adapt to changes in the external environment.
Information that must be reported in a strategic planning document includes the organization's mission, vision, values, goals, objectives, strategies, action plans, timelines, responsible parties, and performance indicators.
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