Arvid Pedersen’s Post

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Vice Chairman | Passionate about creating wealth responsibly | Supporting businesses that achieve above market rate returns whilst delivering positively on the environmental and social aspects

A successful strategic plan provides the information and guidance the management team needs to run the company with greater efficiency and help the business reach its full potential. Strategic planning helps managers make decisions based on logical assumptions and a clearer view of the future. The strategic management process helps an organisation's leadership plan for its future goals. Setting a roadmap and actionable plan ensures that employees and leaders know where they're going and how to get there in the most efficient, cost-effective manner. A strategic plan helps to define the direction in which an organisation must travel, and aids in establishing realistic objectives and goals that are in line with the vision and mission charted out for it. But it also creates a sense of collaboration and collective responsibility. The purpose of strategic implementation planning is to lay the foundation for cross-functional decision-making and to identify and clarify project vision, guiding principles, goals and objectives, value proposition and success metrics. It also ensures the alignment of executives and functional teams. #strategy #management #efficiency #success 

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