The Importance of Strategic Planning

Discussion Forum: The Importance of Strategic PlanningRespond to each of the following questions:What is the value of strategic planning?Each year (or sometimes in 5- or 10- year increments) organizations develop specific strategic plans. Why do they do this?What are the advantages of having the organization’s plans/goals written down and publicly shared?Who is involved in the development of these strategic plans and what happens if they are not achieved?700 words total