Planning

"Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people
Strategic planning is the formal consideration of an organization's future course.
All strategic planning deals with at least one of three key questions:

1. "What do we do?"
2. "For whom do we do it?"
3. "How do we excel?" [1]

"an act of formulating a program for a definite course of action; "the planning was more fun than the trip itself"
the act or process of drawing up plans or layouts for some project or enterprise
the cognitive process of thinking about what you will do in the event of something happening; "his planning for retirement was hindered by several uncertainties" [2]

"Planning in organizations and public policy is both the organizational process of creating and maintaining a plan; and the psychological process of thinking about the activities required to create a desired goal on some scale. As such, it is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, or integration of it with other plans, that is, it combines forecasting of developments with the preparation of scenarios of how to react to them." [3]


[1]- en.wikipedia.org/wiki/Strategic_planning
[2]- wordnet.princeton.edu/perl/webwn
[3]- http://en.wikipedia.org/wiki/Planning