What happens during strategic planning?

Strategic planning helps you organize your data points used to gauge your company’s performance relative to a goal.
Strategic planning breaks down the long-term goals of the strategic plan into short-term goals and activities.
Strategic planning is a goal-setting system that helps to ensure that eﬀorts are focused on the same important issues throughout the organization.
Strategic planning focuses on long-term goals, which align with your purpose, mission, and vision, and outline the direction of the business in the next three to five years.