Significance of Strategic planning
Strategic planning encompasses various interpretations across different fields. According to Vastushastra, it involves thoughtfully arranging elements in construction to enhance performance and success. In the context of Arthashastra, it refers to the preparatory phase of war, which includes selecting battlegrounds, training troops, and effectively allocating resources to achieve military objectives. Historically in India, strategic planning is seen as a process that defines an organization's direction and decision-making for resource allocation. Each perspective emphasizes the importance of careful planning and execution.
Synonyms: Goal setting, Strategic thinking, Foresight
In Dutch: Strategische planning; In Finnish: Strateginen suunnittelu; In Spanish: Planificación estratégica; In German: Strategische Planung
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
Hindu concept of 'Strategic planning'
In Hinduism, strategic planning encompasses military preparation, resource allocation, and battleground selection for war, as well as meticulous arrangement in construction to achieve optimal performance and desired outcomes.
From: Shukra Niti by Shukracharya
(1) The process of creating plans to achieve military objectives and allocate resources effectively.[1]
From: Samarangana-sutradhara (Summary)
(1) The careful consideration and arrangement of elements in constructing structures to ensure optimal performance and success.[2]
The concept of Strategic planning in local and regional sources
Strategic planning is essential for organizations as it involves defining their direction and making informed decisions about resource allocation, ultimately guiding them toward achieving long-term goals effectively.
From: Triveni Journal
(1) The process of defining an organization's direction and making decisions on allocating resources.[3]