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4 Steps to Strategic Planning

Regardless of the size or type of the business, strategic planning plays a crucial role in its success. An MBA from Our Lady of the Lake University will equip you with the skills needed to help develop strategic plans and tailor them to fit a number of different work environments.

While each business has its own individual needs, all businesses share the need for vision. Strategic planning provides a way to create a vision and then achieve that vision by meeting a series of carefully planned goals. Four essential steps to strategic planning are:

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