What Are The Four Main Levels Of Strategic Planning?

Have you ever wondered why companies make changes to their products by adding new features and making it more user friendly? This happens because the top management team has a lot of decisions they have to make in other for their product to become successful in the market. Before top management teams make their decision a lot of business intelligence would have to be done which involves pulling metrics from their various software tools being used and also using DSS. Top management teams relies on business intelligence tools because they are able to get input, analyze based on the information they have and also transform it to meaningful facts.

In an organization the importance of an IT team and business team’s goal is being able to be on the

When managements decided to understand the opportunities required for improvements, they rely on different software tools that are designed to give them the metrics which in the end lets them understand their strengths and weakness.

2. With business intelligence tools, top management can be able to understand how their performance has been from the previous year to the current

To be able to understand the available requisition and be able to determine the amount of man power required to perform a job.

4. The monetary aspect of making an investment is always important to know when looking at new opportunities.

Three levels of strategic planning

1. Corporate level: This strategy in my definition is the origin of what a business should be. Before a business becomes official it requires a lot of business plan that need to be determine before a company can be founded.

2. Business level: This is the guideline of how the business structure should operate. If you are in business of placing pizza order. This plan would then start from how the pizza are being advertised and then people place orders either on the phone or through their website and then pizza is then delivered.

3. Functional Level: This is the strategy that kind of does what I consider division of labor. The ability to break down the business into various departments and each departments has each of their goal the need to