What is the main focus of strategic planning?

The main focus of strategic planning is to address broad strategic issues for the future. This process is designed to set long-term goals and develop a roadmap for achieving those goals, considering the internal and external factors that influence an organization. Through strategic planning, organizations can identify their mission, vision, and values, assess market trends, and evaluate their competitive positioning. This forward-thinking approach enables organizations to align their resources effectively, make informed decisions, and adapt to changes in the legal environment and client needs.

In contrast to the correct focus on broader strategic issues, budget management, assessing employee performance, and implementing daily operational tasks reflect more tactical and operational aspects of management. While these tasks are essential for the organization's functioning, they do not encompass the comprehensive foresight and planning that strategic planning entails.