Question

It is important to have specific milestones in the strategic planning process to provide updates for all employees, telling them that the process is ongoing and explaining expected timelines for the strategy to be handed over to those who will be responsible for carrying it out

Answer 1

Setting specific milestones in the strategic planning process is important for keeping employees informed, maintaining momentum, and setting clear expectations.

Step-by-step explanation:

Setting specific milestones in the strategic planning process is important for providing updates to all employees and ensuring that they understand the ongoing nature of the process. These milestones also help communicate expected timelines for the strategy to be handed over to those who will be responsible for carrying it out. For example, a milestone could be the completion of a market analysis report or the development of a financial forecast.

By having these milestones, employees can see progress being made and have a better understanding of when the strategy will be implemented. This helps to keep them motivated and engaged in the process.

Overall, specific milestones in the strategic planning process are crucial for keeping employees informed, maintaining momentum, and setting clear expectations.