MBA610: Strategic Planning

Salem Press Encyclopedia. (2023). Strategic planning. Salem Press Encyclopedia.
Read this definition and explanation of strategic planning.

De Andreis, F. (2019). The principles behind a strategic plan. Scientific Research.
This article explores how a strategic plan can help an organization remain aligned with performance expectations.

Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard Business Review, 86(1), 78.
Awareness of the five forces - new entrants, buyer bargaining power, supplier bargaining power, substitute services or products, and competitor rivalry – and their relationships can help a leader understand the industry's structure, stake out a more profitable position, and be less vulnerable to attack.

Small Business Administration. (n.d.). Manage your finances. Small Business Administration.
View this resource from the Small Business Administration about business financial planning.

Brown, P. R. (1998). A model for effective financial analysis. Journal of Financial Statement Analysis, 3(4), 60.
Every managerial leader must know and understand how the firm’s Board and upper management analyzes its financial and operational performance. Every managerial leader must have a means and tactic for determining one’s own set of metrics. This model instructs both levels while offering an individual an adaptable approach.