What to you understand by strategic planning? Why is it necessary for

Question

What to you understand by strategic planning? Why is it necessary for implementing TQM? Explain using a relevant example.

31 Mar 2022

Answer :

Word Count : 567

Strategic Planning and its Crucial Role in Implementing Total Quality Management (TQM)

Strategic planning is a systematic and comprehensive process undertaken by an organization to define its direction and make decisions on allocating its resources to pursue this direction. It involves setting goals, determining actions to achieve those goals, and mobilizing resources to implement the actions. In essence, strategic planning is the roadmap that guides an organization towards its desired future state.

Key Components of Strategic Planning:
1. Mission and Vision: These articulate the organization's purpose and where it aspires to be in ____ _________ ______ ________ _________ ________ _____ ______ ___.
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