Approach to strategic planning

Approach to strategic Planning:

• The reasonal approach
• Subjective approach

1.     Reasonal Approach: Argues that stagic planning is certainly undertaken in a logical a large linear fashion.

It is suggested that organization monitor that business environment an analysis that internal resources position in order to assess what stand a weakness the have which met facilities the exploitation of environment opportunities and the avoidance of environment threats.

Need to analysis stakeholders.

2.     Subjective Approach: These alternative view are base empirical research and inqutive judgment explain the actual process that take place in the organization.

They tend to be less perfective. Organization unit entity resonal or logical in their environment in case of decision manning process.

They are you that firms that do sick do their environment are prone to imitation and repetition as competitor do.