Strategic planning can be defined as the process of using systematic criteria and rigorousinvestigation to formulate, implement and control strategy and formally document organizationalexpectations (Higgins and Vincze, 1993; Mintzberg, 1994; Pearce and Robinson, 1994). StrategicPlanning is a process by which we can envision the future and develop the necessary procedures andoperations to influence and achieve that future.
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