What happens during strategic planning?

1. Strategic planning helps you organize your data points used to gauge your company’s performance relative to a goal.
2. Strategic planning breaks down the long-term goals of the strategic plan into short-term goals and activities.
3. Strategic planning is a goal-setting system that helps to ensure that efforts are focused on the same important issues throughout the organization.
4. Strategic planning focuses on long-term goals, which align with your purpose, mission, and vision, and outline the direction of the business in the next three to five years.

Correct Answer:

• Strategic planning focuses on long-term goals, which align with your purpose, mission, and vision, and outline the direction of the business in the next three to five years.