19.2. Documenting the Strategic Business Plan and Business Cases

The final step in business strategy development planning, and a key factor in the successful planning, development, and implementation of strategic initiatives, is developing and documenting the strategic business plan and business cases that support those strategies. This prudent step captures the value of the management effort expended in developing that plan and supporting initiatives.

What is a simple, realistic strategic business plan?

The strategic business plan is a high-level business document that describes the enterprise’s purpose and vision/mission. It also identifies the strategic initiatives that will be adopted to achieve the vision/mission during the business cycle ...

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