The responsibility for strategic bu

The responsibility for strategic business planning and human resource planning belongs to CE both line managers and staff specialists. Top executives are primarily responsible for an organization's strategic management decisions. Large, stable organizations may have an executive team responsible for strategic business planning, while flexible entrepreneurial organizations usually have a more informal strategic planning team that includes the founder and partners or family members. In small proprietorships, all strategic planning is typically done by the owner.Long-range planning, which involves developing the business strategy, directs the destiny of an organization by establishing a corporate philosophy and an organizational mission. Middle-range planning consists of establishing the goals and objectives that an organization will pursue during the next two to five years. Short-range planning consists of developing yearly performance goals and annual operating plans. Managers at all levels ought to be involved in short-range planning, especially supervisors and unit managers.