Strategic planning and performance management are integral processes within organizations for establishing goals, implementing strategies, and monitoring outcomes to ensure achievement of objectives.
The process by which organizations select objectives, establish processes to achieve those objectives, and monitor performance is known as strategic planning and performance management. It involves a cycle of phases such as the Preparatory Phase, Implementation and Learning Phase, Program Evaluation Phase, and the Development of Lessons Learned. During these phases, organizational leaders define achievable and measurable goals and objectives, select suitable employees, provide job training, and assess performance through various approaches, all while addressing administrative challenges and adapting to conditional funding structures.
In conclusion, effective strategic planning and performance management ensure that organizations create a clear roadmap for success, engage in continual learning, and sustainably adjust strategies to meet their designated goals and objectives.