“A vision without a strategy remains an illusion” – Lee Bolman

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A strategy is an important step in good business planning. It is like a blueprint of the organizational goals and objective for a period of time in order to get profit out of it. Different business entities have a different strategic approach like SWOT, PEST, STEER and EPISTEL analysis. Understanding the basic concepts of strategic planning, our online expert have outlined some of the tools that are important in this process.

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