What is the strategic business planning?

 Strategic business planning provides several benefits for businesses, including setting a clear direction and vision for the organization, aligning resources and priorities, and increasing the likelihood of achieving long-term goals. By taking a strategic approach to planning, businesses can identify opportunities, anticipate challenges, and develop a plan to address them. This can lead to improved decision-making, greater operational efficiency, and increased profitability. Additionally, strategic business planning can help businesses adapt to changing market conditions and stay ahead of the competition, making it a valuable tool for long-term success.