What Is SWOT Analysis In Project Management?

Strategic planning is very significant for the success of the organization.  Systematic strategic planning is defined as the processes that are involved in achieving the goals of the organization. It includes two components – strategic thinking and tactical planning. Strategic thinking focuses on setting objectives, vision and mission, while tactical planning defines strategies for implementing plan of actions, resources and the people in the organization. Thus, strategic management involves the processes by which organizations formulates its set goals, develops the plans of improvement, makes the vision and the mission; implements the plan and evaluates the performances. Every organization has its […]

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