Asked by Bhushan Chaudhari on Jun 28, 2024
Verified
What is the first step in the strategic planning process?
A) putting together the human resource management team
B) executing the human resource plan
C) establishing the mission, vision, and values of the organization
D) aligning the human resource plan and the strategic plan
Strategic Planning Process
A structured and deliberate approach undertaken by organizations to define their strategy or direction and make decisions on allocating resources to pursue this strategy.
Human Resource Management
The strategic approach to managing people in an organization, focusing on policies and systems to maximize employee performance and well-being.
- Understand the strategic planning process and the role of mission, vision, and values in shaping organizational direction.
Verified Answer
SW
Steve WoolacottJul 01, 2024
Final Answer :
C
Explanation :
Establishing the mission, vision, and values of the organization is the first step in the strategic planning process. This foundational step provides direction and purpose, guiding subsequent planning and decision-making processes.
Learning Objectives
- Understand the strategic planning process and the role of mission, vision, and values in shaping organizational direction.