Importance of Strategic planning

As I have learned and what I have read I determine strategic planning to mean a plan that allows your company not to lose site of its ultimate goals. ... In turn that makes a strategic plan a necessity. A satisfactory strategic plan must be realistic and attainable so as to allow people within your company to think strategically and act operationally. ... Within Verizon wireless, the IT department we have established three important areas in our strategic plan and that is: management education, strategic plan maintenance and effective prioritization. Within these three areas, the strategic plan maintenance area shows me that a strategic plan isn’t set in stone but something that is constantly is updated and changed.

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