1 (10%)Strategic Planning1. Define a strategic plan2. List the steps your text identifies in the strategic planning process.3. Define the Mission, Vision, and Values elements of a strategic plan.4. Create your own Missing, Vision and Value statements.a. Develop objectives for the next 1-3 years.b. Create goals to achieve your objectives.c. Create action plans to achieve your goals.d. Identify performance metrics to measure if you are on track to achieving yourgoals (or not