Strategic planning
An introductory overview of this service
Strategic planning is a process aimed at defining an organization's goals and developing a plan to achieve them. Strategic planning focuses on the long-term future, takes into account the organization's internal and external environment, and is useful for companies, governments, non-profit organizations, and individuals. Strategic planning helps organizations achieve their goals and make informed decisions if... It was accompanied by precision in planning and its objectives.
Stages of corporate strategic planning
Strategic planning consists of six main stages:
1. Strategic analysis:
The current situation of the organization and its strategic planning indicators are assessed, and its strengths and weaknesses, and the opportunities and threats it faces, are known by going to a financial and administrative consulting company to work on the strategy and strategic planning.
2. Setting goals:
After evaluating the company's situation, set goals to address weak areas & capitalize on opportunities identified in the analysis. Ensure these goals align with the company's vision and are measurable to evaluate the plan's success later. Clear, focused goals will provide direction & help track progress.
3. Develop strategies
Strategic planning methods are created to help organizations achieve its goals. Strategies may include expanding the business, entering new markets, or focusing on specific products or services. Identifying key resources, allocating budgets, & setting timelines are crucial for implementation.
4. Develop operational plans
The strategies are translated into action plans that help the organization implement its strategies, so that these plans focus on clear and implementable steps. This stage also includes assigning & distributing responsibilities, and setting the schedule & deadlines for plans.
5. Monitor progress & make adjustments
After delegating tasks, setting a schedule, and implementing action plans, regularly monitor progress to ensure alignment with goals. Assess plan performance and modify strategies as necessary if they fail to produce desired results during monitoring.
6. Evaluation and control
Strategic planning is a continuous process, responding to changing circumstances & emerging opportunities or threats. Regular reviews & improvements, guided by continuous feedback & periodic evaluations, ensure the plan remains effective, fostering adaptability within the organization.
The goal of strategic planning
1. The main goal of strategic planning is to define long-term goals, determine the best ways and develop plans to achieve them. It involves evaluating current performance and asking the question, “Where am I heading, and how can I reach my desired goals?” Planning also aims to link three main areas:
• Mission: Defining the purpose of your business.
• Vision: Describe what you want to achieve.
• Plan: Defines how you want to achieve your long-term goals.
2. Strategic planning studies your available opportunities that can be exploited and what are the threats, whether internal or external, by conducting a SWOT analysis and developing a plan to achieve your goal. It also shifts from working in a reactive manner to direct action, for example if you encounter failure in achieving your marketing plan for a specific branch. Or a new product for a specific region, is there a plan to confront this that determines from the beginning what is the proper and correct behavior to confront this by developing alternative plans?

Why Qabas?
Qabas helps you with strategic planning in your company. It provides you with a set of automatic, professional and accurate reports, such as financial reports, operational reports, sales reports, and others, which help you understand the current situation in your company to evaluate it, which is the first stage of developing a strategic plan, as we mentioned. These reports help you develop strategies and an informed plan for the coming periods.
Qabas also provides you with many administrative services that you need in your company, such as purchasing, sales, and inventory management. Therefore, you can always be confident that your reports are accurate and sound, and you can rely on them to develop an effective strategic plan that will take your company to the path of success.