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To reach such conclusions we will have to examine a strategic direction; which will include strategic goals the organization should achieve and the overall strategies use to achieve them. The current financial state of the company should be included in the planning process. A few key steps with the financial aspect of strategic planning are developing financial goals, alternative courses of action, evaluating risk, implementing a financial action plan, and reevaluating your plan. At some point in this process senior planners will need to identify or update the strategic philosophy. This is accomplished by simply updating the mission, vision, and values statement to be aligned with the strategic plan...
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