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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1041 |
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A sound plan should: Serve as a framework for decisions or for securing support/approval, Provide a basis for more detailed planning, Explain the business to others in order to inform, motivate & involve, assist benchmarking & performance monitoring, Stimulate change and become building blocks for the next plan, and for inspiration...
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A strategic plan should not be confused with a business plan. The strategic plan is a short document whereas a business plan is usually a much more substantial and detailed document. A strategic plan can provide the foundation and framework for a business plan. A strategic plan is not the same thing as an operational plan...
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