What is atrategic planning? what are the benefits and any thing else u can tell me about strategic planning ..

Strategic Planning is a kind of business plan on how to achieve companies goal. in order to achieve the goals there are several aspect of need to be taken care of. Strategic planning play over 4 measure stick called SWOT ysis,strengh, weakness,opportunity and threat. With determining these four aspect companies will be more ready to face the open market. if you know your strenght and opportunity you are able to keep on it in order to maintain your position in the market, by knowing your weakness and threat its make you always ready to face the business challenge and finding a way of solving it might be your aim. Apart from that Strategic planning also teach you about yzing your environment of business nature. Let say you are in garment business, by yzing your barrier and study your competitor it makes you goal become more and more viable to be achieved. there is a lot of strategies in this theory which you need to read on.