Features of Strategic plans

The following are some of t most important characteristics of strategic plans:

1. They are long-tern; in nature and place an organization within its external environment.

2. They arc comprehensive and cover wide range of organization

Activities.

3.  They integrate. Guide and control organizational activities for the immediate and long-range future.

4.  They set the boundaries for managerial decision making. Since strategic plans are the primary documents of an organization all managerial decisions are required to be consistent with its goals. Strategic plans. Thus, set forth the long-term objectives. Intermediate Objectives are main purpose or basic role of an organization.