How does a business plan encourage disciplined strategic thinking?

How does a business plan encourage disciplined strategic thinking?

Expert Solution

A plan can be described as a detailed proposal for doing or achieving something or it can also be described as to decide or make arrangements in advance. The business plan includes formal statement of business goals, reason they are attainable and plan for reaching them. Its really important in every field of work and effort to have a plan that would serve as a guideline towards attainment of the preset goals. It not only makes our interventons systematic but also improves the methodology adopted to complete the work and also helps to earn a productive outcome.

The strategic thinking is the ability to generate new ideas or insight on regular basis that will in return generate new business. If we have a disciplined strategic thinking today then we shall have a newwbusiness tommorrow. Thus, a successful business plan can help to have disciplined strategic thinking. The three types of discipline that is commonly used are acume,allocation and action.

Nightingale answered 1 year ago

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How does a business plan encourage disciplined strategic thinking?

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