Global strategic planning

The fast-paced, volatile, and ambiguous environment in which today’s organizations operate demands strategic planning. Traditional planning approaches have struggled to meet these demands. Strategic planning remains critical to stay ahead of the competition. The focus and need for an adaptive approach to strategic planning has become increasingly important. This chapter attempts to provide managers with novel insights into the strategic planning process. It presents a framework, and tools meant to provide consultants, and managers (line and HR) with up-to-date insights into conducting a global, robust strategic planning exercise.