Strategic planning primarily involves which level of management?

Strategic planning is fundamentally a responsibility of senior management because it encompasses the long-term vision and direction of an organization. Senior management is tasked with setting overarching goals, defining the mission and vision, and developing strategies to achieve these objectives. This level of management is positioned to analyze external and internal environments to make informed decisions that will steer the organization towards its goals.

Additionally, senior management has the authority and influence to allocate resources and make high-stakes decisions essential for strategic initiatives, ensuring that the entire organization is aligned with the established strategy. This planning process typically involves careful consideration of long-term trends, competitive positioning, and potential risks, which requires a comprehensive understanding of the organization’s capabilities and the market landscape.