The Principles behind a Strategic Plan

This strategic planning has changed dramatically between the 1960’s and 1970’s. Having survived its original design flaws, it has evolved into a practical system of strategic management. Planning systems, in fact, have become more sophisticated in their selection of planning approach and techniques. The approach to the strategic plan should involve different methods and techniques, more complete and more sensitive to the critical uncertainty of many of the variables that planning must address. This change represents a recognition of the basis of a strategic plan that are able to determinate its success. Implementing this strategic approach, focused on method and technique, can play a variety of important and useful roles peripheral to the strategy development and implementation process.