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Abstract

Integrative Journal of Conference Proceedings

Using Shortened Systematic Strategic Planning (SSP) Working Model for the Development of a Strategic Plan of an Entrepreneurial Business-Case Study

Submission: May 14, 2019;Published: August 06, 2019

Abstract

Where strategic analysis tools are explained, this is most frequently done conceptually rather than their actual application in strategic planning. Shortened systematic strategic planning (SSP) consists of a pattern of stepwise procedure for straight-forward planning, and the fundamentals involved in any strategic planning project. SSP has been applied to and tested on different businesses’ subject issue and has been generated by the composition of the cause-and-effect relations of them. The intention here is to provide a new perspective and benefit for the strategic planners by introducing this new systematic methodology and demonstrating its implementation on an entrepreneurial and new business called Visual Co. Accordingly, let shortened version of SSP easily understood and universally applied to any small- and medium-size businesses. Additionally, you are guided how to identify in what circumstances you might use its specific tools and how to target them directly at achieving effective results. The data that are used in this case are fictitious and only help for this study. Though, the given case does not cover all the steps of a typical systematic strategic plan and use all the recommended techniques, it still reflects the basics.

Keywords: Strategic planning; Strategic management; Systematic strategic planning; Strategy; Case study in strategic planning

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