1.Explain why a strategic plan might need to be revised during its lifetime.

2. Give three reasons why you may need to monitor and measure performance of a strategic plan on a regular basis.

3.Explain why it is important to seek endorsement of a strategic plan from key stakeholders.

4.

Case study

Bree has been asked by her general manager to conduct a review of the previous strategic planning process to see if there are any lessons to be learned.Since the organisation has only been operating six years, this is the first time such a review is being undertaken and she is not sure where to start.

Develop a diagram or a flow chart describing the process Bree should follow to undertake the review. Provide key points to explain each step.