Which item is NOT a component of the Strategic Planning Process?

Which item is NOT a component of the Strategic Planning Process?

• A. Creation of momentum necessary to start and carry out the implementation of strategic plan
• B. Regular maintenance of equipment
• C. Assessment of your company's current condition
• D. Development of new future operating methods in estimating, preconstruction, marketing and sales

Answer: (B)

Strategic planning centers on shaping the organization’s long-term direction by understanding where you stand now, imagining how you’ll operate in the future, and ensuring there is momentum to implement the plan. Regular maintenance of equipment, however, is an operational activity focused on keeping assets in working condition day to day. It belongs to ongoing operations and asset management, not to the planning process itself. The other items align with strategic planning: assessing the company’s current condition provides the situational analysis you need to set direction; developing new future operating methods addresses how the organization would operate in the future; and creating the momentum to start and carry out implementation focuses on execution and change management needed to realize the plan.

Strategic planning centers on shaping the organization’s long-term direction by understanding where you stand now, imagining how you’ll operate in the future, and ensuring there is momentum to implement the plan. Regular maintenance of equipment, however, is an operational activity focused on keeping assets in working condition day to day. It belongs to ongoing operations and asset management, not to the planning process itself. The other items align with strategic planning: assessing the company’s current condition provides the situational analysis you need to set direction; developing new future operating methods addresses how the organization would operate in the future; and creating the momentum to start and carry out implementation focuses on execution and change management needed to realize the plan.