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                    Business
                
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                8 / 2104             | 
        
                
    
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It also implies that much of the strategy lies in making the tough decisions about what is most critical to achieving organizational triumph. Another important point to be noted about strategic planning is , it helps to anticipate the future and make the decisions in the present. Therefore, the plans made in the past may well be changed by those that have been made in the present...
        
        
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Therefore, the plans made in the past may well be changed by those that have been made in the present. The strategic planning can be complicated and challenging, but it is defined by the above outlined ideas.
This is followed by the strategic thinking. This concept has a strategy hierarchy as follows -Goals, Policies and Programmes...
        
        
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