1. Strategic Planning: The process of defining a business’s strategy or direction and making decisions on allocating resources to pursue this strategy.

    

2. SWOT Analysis: A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

    

3. Mission Statement: A statement of the organization’s purpose and primary objectives.

    

4. Vision Statement: A declaration of an organization’s long-term goals, ideally providing guidance and inspiration.

    

5. Objectives: Specific, measurable goals that a company or organization needs to achieve in order to fulfill its strategy.

    

6. Key Performance Indicators (KPIs): A set of quantifiable measures that a company uses to gauge or compare performance in terms of meeting their strategic and operational goals.

    

7. Value Proposition: An innovation, service, or feature intended to make a product or company attractive to customers.

    

8. Business Model: A plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing.

    

9. Competitive Advantage: A condition or circumstance that puts a company in a favorable or superior business position.

    

10. Market Analysis: The research and analysis of the market for a particular product or service, including the analysis of the market trends, customer preferences, and competitive environment.

     

11. Strategic Goals: Long-term, overarching goals that guide the direction of a business.

     

12. Tactical Planning: The process of taking a strategic plan and breaking it down into specific, short-term actions and plans.

     

13. Operational Planning: The process of planning strategic goals and objectives to tactical goals and objectives.

     

14. Resource Allocation: The distribution of resources – including capital, personnel, and other assets – among various projects or business units.

     

15. Risk Management: The process of identifying, assessing, and controlling threats to an organization’s capital and earnings.

     

16. Balanced Scorecard: A strategic planning and management system used to align business activities to the vision and strategy of the organization.

     

17. Scenario Planning: A strategic planning method used to make flexible long-term plans based on varying scenarios that could impact the business.

     

18. Stakeholder Analysis: Identifying and analyzing stakeholders to understand their needs and interests in relation to your business or project.

     

19. Gap Analysis: A method of assessing the differences in performance between a business’s information systems or software applications to determine whether business requirements are being met and, if not, what steps should be taken to ensure they are met successfully.

     

20. Portfolio Management: The centralized management of one or more project portfolios to achieve strategic objectives.

     

21. Change Management: The approach to transitioning individuals, teams, and organizations to a desired future state.

     

22. Corporate Governance: The mechanisms, processes, and relations by which corporations are controlled and directed.

     

23. Organizational Structure: The system that outlines how certain activities are directed to achieve the goals of an organization.

     

24. Strategic Business Unit (SBU): A fully functional unit of a business that has its own vision and direction.

     

25. Diversification Strategy: A corporate strategy to enter into a new market or industry in which the business doesn’t currently operate, while also creating a new product for that new market.

     

26. Mergers and Acquisitions (M&A): Aspects of strategic management, corporate finance, and management dealing with the buying, selling, dividing, and combining of different companies and similar entities.

     

27. Benchmarking: The process of comparing one’s business processes and performance metrics to industry bests or best practices.

     

28. Core Competencies: The main strengths or strategic advantages of a business.

     

29. Business Process Reengineering (BPR): The analysis and redesign of workflows within and between enterprises.

     

30. Strategic Alignment: Aligning a company’s strategy with its resources and capabilities.

     

31. Corporate Strategy: The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.

     

32. Exit Strategy: A strategic plan to sell one’s ownership in a company.

     

33. Market Penetration: The activity or strategy of increasing the market share of an existing product, or promoting a new product, through strategies such as bundling, advertising, lower prices, or volume discounts.

     

34. Organizational Culture: The behavior of humans within an organization and the meaning that people attach to those behaviors.

     

35. Sustainability Planning: Planning for the long-term success of a business or project, particularly regarding environmental, economic, and social sustainability.

These terms encompass various aspects of strategic planning, including goal setting, analysis, resource allocation, and long-term direction setting, crucial for the sustainable growth and success of a business.