The Importance Of Business Performance And Strategy Of Planning In Business

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In the era globalization, the organization should consider about the business performance and also the strategy of planning in the business. Having a good business performance still cannot survive in the company for long time period, if the manager did not have a good strategy to maintain that business. This opinion supports by Wijetunge and Pushpakumari (2013), state that the low level of strategic planning is the poor performance of SME. So that, both of the business performance and strategy of planning having a relationship each other and it shows that the important in the organization or firm to compete to other and to survive in the market global.
Performance is defines as the achievement of the tasks assigned are measured with the preset …show more content…

The combination of both business performance and strategy of planning is essential to all business in the world to accomplish the organization goal and to survive in the market global. Many of researcher, state that the relationship of both business performance and strategic of planning are important to achieve the organization goal (Ongonge Julian, 2013). Besides that, having both performance and strategy in the business can give a lot of the benefit to the organization and the organization can become successful …show more content…

The importance of strategic plan is obvious in improving and maintaining the business performance, especially in financial performance. The financial performance is essential in the business, which is can gain a lot of profit to the business and can buy the asset for the business. So that, the best of the strategy are used in the organization, the better performance will get to achieve in the order to ensure the organization goal. So that, the organization should consider the strategy that will use in the organization before decide the best strategy for their

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