Strategic planning is most important for executing the business. Here in this blog, Edward Herzstock has given some steps for that.Like Step 1: Develop a strategic mindset etc.

1. Steps to successful planning
for business strategies
Edward James Herzstock

2. Step 1: Develop a strategic mindset
Before you begin your functional planning
process, commit to maintaining a strategic
mentality and not allowing short-termism,
tactical execution plans, or other “check the
box” tasks to derail you.This includes your
approach to budgeting and expense
management.

3. Step 2: Outline your goals and objectives
To avoid managers and executives misinterpreting
one another and derailing the process, clearly
describe the enterprise and business context for
all stakeholders from the start. Outline each
participant’s duties, process timelines, and
expected outputs, especially if the planning and
budgeting procedures are cross-functional.

4. Step 3: Confirm the business context
Interview company leaders and have them define
the current and desired future condition of the
business, as well as the goals and capabilities
needed to support and enable those ambitions,
and the appropriate metrics to track progress
toward those goals-Edward J. Herzstock

5. Step 4: Establish goals
Create a prioritized list of objectives that includes
discrete and quantifiable stages that indicate how
each goal will be met. A few targets with a one- to
two-year time horizon can support each strategic
business goal-Edward James Herzstock.To ensure
timely fulfillment, objectives should be explicit,
measurable, actionable, and relevant.They should
also be attached to a short-term deadline.

6. Thanks For Watching
Source : https://edwardjamesherzstock.wordpress.com/2022/04/27/steps-to-successful-planning-for-business-strategies-edward-herzstock/