What does strategic planning in leadership involve?

Strategic planning in leadership is fundamentally about setting long-term goals and outlining the actions necessary to achieve them. It encompasses a broader vision of where an organization or team aims to go in the future and the pathways to getting there. This process involves analyzing internal and external environments, identifying strengths, weaknesses, opportunities, and threats, and making informed decisions that will drive the organization towards its desired future state.

In contrast to merely setting short-term goals or focusing on immediate operations, strategic planning considers the big picture and ensures that all efforts are aligned with the overall mission and vision. It also involves the thoughtful allocation of resources to support these long-term objectives, ensuring that every aspect of the organization's activities is purposefully directed toward achieving these goals. By charting a clear course and defining actions that lead to long-term success, leadership can effectively guide their teams through transitions and challenges that arise over time.