Lizhandy

Strategic for Your Bussiness

Characteristics and Workflows of the Business Unit Strategic Planning

Matswapati October 6, 2020 Strategic Planning

Characteristics and Workflows of the Business Unit Strategic Planning Strategic Planning Characteristics and Workflows of the Business Unit Strategic Planning

Business unit strategic planning, or also known as a strategic business unit (SBU), is an important component to be developed within a company. The reason is that the SBU division has different concepts, missions, and work assignments compared to other types of units in a company. If a large company wants to continue to survive with the market condition, this SBU division is one part of the company that must be maintained and developed. Actually, what is a strategic business unit (SBU)?

Definition of a strategic business unit
Strategic business unit (SBU) is a work unit in a company that has a mission and task to elaborate various types of business plans that have been made, both in the SBU division and in other divisions. This has the main goal, which is to develop the market reach of the products produced by the company. With the SBU, the mission of each unit will be clearer and more focused, which aims to achieve the company's vision and mission which, in general, is very broad in concept.

Characteristics of strategic business units
A unit can be said to be a strategic business unit if it fulfills, at least, these 3 characteristics. First, an SBU is a unit that manages a variety of different types of business or similar types of business; the scope of its main work is strategic and autonomous planning. The second characteristic of the business unit strategic planning or strategic business unit is that this unit has or can determine its target market. The last characteristic is that SBU has a leader (a manager) who has competence and responsibility in the area of strategic planning and profitability.

Generally, SBU stands under a section or division of corporate planning. This is what makes SBU can consist of only one SBU unit, or up to many units, depending on what type of business is issued and wants to be developed. With this SBU as well, the company will have many types of strategic planning that can be used to develop the company's products in the future.

Process or workflow of a strategic business unit
Strategic business units have their workflows. The first thing an SBU needs to start its planning process is a business mission. This business mission is based on the mission set for each business production unit. Then, the SBU will conduct a SWOT analysis, both on company internal factors and external factors. After the analysis results have been determined, the SBU can make formulations to achieve business goals.

The formulation will then be developed into a strategy and further developed into a program by the business unit strategic planning. The program is then implemented, monitored, and evaluated. The results of the evaluation will be the basis for the next business mission.

RELATED ARTICLES

Tips for How to Write a Business Strategy

Tips for How to Write a Business StrategyOct 06, 2020

Business Development Strategy Plan

Business Development Strategy PlanJul 01, 2020

Describe the Strategic Planning Process

Describe the Strategic Planning ProcessJul 06, 2020

Preparing a Good Strategic Plan For the Business

Preparing a Good Strategic Plan For the BusinessJul 06, 2020

The Way to Write a Strategic Plan

The Way to Write a Strategic PlanJul 02, 2020

Simple Sales Strategy Plan Template For Business

Simple Sales Strategy Plan Template For BusinessSep 28, 2020
The Types of Strategic Planning Models and The Process of Strategic Planning
The Types of Strategic Planning Models and The Process of Strategic PlanningJun 25, 2020
Why is strategic planning important? 6 Main Reasons to Know
Why is strategic planning important? 6 Main Reasons to KnowJun 26, 2020

Photos of Characteristics and Workflows of the Business Unit Strategic Planning

Characteristics and Workflows of the Business Unit Strategic Planning Strategic Planning Characteristics and Workflows of the Business Unit Strategic Planning
Rate This Characteristics and Workflows of the Business Unit Strategic Planning

Reviews are public and editable. Past edits are visible to the developer and users unless you delete your review altogether.

Most helpful reviews have 100 words or more




EDITOR PICKS

Business Planning and Strategy Using SWOT Analysis

Business Planning and Strategy Using SWOT AnalysisOct 05, 2020

4 Ways to Design a Strategic Plan

4 Ways to Design a Strategic PlanJul 02, 2020
How to Build a Successful Business Strategy
How to Build a Successful Business StrategyJul 06, 2020
Why is strategic planning important? 6 Main Reasons to Know
Why is strategic planning important? 6 Main Reasons to KnowJun 26, 2020
Leave Your Reply on Characteristics And Workflows Of The Business Unit Strategic Planning

Tag Cloud

strategic planning and business unit strategic planning occurs at four levels corporate division strategic business unit and strategic planning at business unit level strategic marketing market-oriented corporate and business unit planning process of business unit strategic planning first step in the business unit strategic planning process unit 2 strategic business management and planning what is the final step in the business unit strategic-planning process describe the strategic planning process at the corporate and business unit levels strategic planning process at the corporate and business unit levels the first step in the business unit strategic-planning process deals with which of the following in steps to corporate strategic planning a business portfolio is designed at business unit level how is strategic planning carried out at the business unit level what is business unit strategic planning justify the quest for business unit level strategic planning steps involved in business unit strategic planning process the three levels of strategic planning are corporate business unit and functional the final step in the business unit strategic-planning process is strategy formulation strategic-planning-business-unit-strategy-four-best-practices-strategic-planning the strategic planning process begins with developing corporate and business-unit strategies strategic planning for a business unit the major activity in strategic planning is strategic business unit planning whereby management corporate and division strategic planning business unit strategic planning the business unit strategic planning process which of the following steps in the strategic planning process is done at the business unit level

Latest Review

Most Essential Aspects to Include in Sample Strategic Plan Template

Most Essential Aspects to Include in Sample Strategic Plan TemplateJul 04, 2020
4 Ways to Design a Strategic Plan
4 Ways to Design a Strategic PlanJul 02, 2020
The Way to Write a Strategic Plan
The Way to Write a Strategic PlanJul 02, 2020

Latest News

Describe the Strategic Planning Process

Describe the Strategic Planning ProcessJul 06, 2020
Why is strategic planning important? 6 Main Reasons to Know
Why is strategic planning important? 6 Main Reasons to KnowJun 26, 2020
Planning in Business Management
Planning in Business ManagementOct 06, 2020

Terms of UsePrivacy PolicyCookie PolicyContactCopyrightAbout
© 2020 Lizhandy. All rights reserved.