What is the primary focus of strategic planning in an organization?

Strategic planning primarily revolves around determining major goals and resource policies for an organization. This process involves a long-term vision that guides all decision-making within the business. It helps organizations identify where they want to go in the future and the necessary resources required to achieve these goals. By clearly outlining key objectives and resource allocation strategies, strategic planning ensures that the entire organization is aligned with its mission and is working efficiently towards its long-term aspirations.

While developing detailed short-term statements, setting work standards and schedules, and preparing alternative courses of action are important aspects of management, they primarily focus on operational planning and implementation rather than the overarching strategic framework. These elements serve to support the strategic plan but do not encapsulate its principal aim of guiding the organization's broader purpose and long-term trajectory.