Basics and best practices in strategic planning Strategy has many definitions. Generally, it involves a description of strategic goals and actions to achieve the goals, including mobilisation of resources to execute the planned actions. Usually top management and the senior leadership of an organisation have the responsibility to determine the strategy. Strategy and strategic planning
Welcome- Themes
- Introduction to forest-based bioeconomy
- Wood products
- Natural fibre products
- Man-made bio-based fibre products
- Bio-based nanomaterials
- Recycled fibre
- Pulping and biorefining
- Energy and biofuels
- Biomass chemistry and physiology
- Material testing and product properties
- Forests and other biomass resources
- Supply chain
- Process control and automation
- Asset management
- Business and investment planning
- Environmental control and management
- Learning paths
- Other resources
- Tools
- Contact
- Profile
Basics and best practices in strategic planning
After reading this article you will..
- Be able to explain the difference between strategy development and business planning
- Understand the strategy process elements start with analysing your position. Why is this important and which factors should be taken into consideration?
- Know how much dividend of annual profits (% of profits) is typically distributed by stock listed companies
Business and investment planning
- Investment project fundamentals
- Business and investment planning in the forest industry
- Conceptual phase
- Pre-feasibility phase
- Feasibility phase
- Organisational learning in investment projects
Authors & references
Author:
Magnus Diesen
Sources:
Annuals reports 2018 by following companies:
- Atlas Copco Annual report 2018 (LINK https://www.atlascopcogroup.com/content/dam/atlas-copco/corporate/documents/investors/financial-publications/english/20190308-annual-report-2018-ab.pdf) (Visited 10.12.2019),
- UPM (LINK https://www.upm.com/siteassets/asset/investors/2018/upm_ar18_en_190227_web_secured.pdf) (Visited 12.12.2019)
- Stora Enso (LINK https://www.storaenso.com/-/media/Documents/Download-center/Documents/Annual-reports/2018/STORAENSO_Annual_Report_2018.pdf) (Visited 12.12.2019)
- Elisa (LINK https://corporate.elisa.fi/attachment/elisa-oyj/annual-report-2018/Elisa_vk18_annual_review.pdf) (Visited 12.12.2019)
Videos
Exercises
This page has been updated 15.10.2020
Privacy Overview
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Our site uses functional cookies. Functional cookies are cookies that ensure the proper functioning of the Website (e.g. cookies for login or registration, language preferences) and their installation does not require your permission.
Read more.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
3rd Party Cookies
This website uses Google Analytics and Facebook to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!