PhD. Assistant Professor G.Nazarova,

 Tashkent Institute of Finance

Tashkent, Uzbekistan

Abstract. Strategic planning is a process in which an organization’s leaders define their vision for the future and identify their organization’s goals and objectives. The process includes establishing the sequence in which those goals should be realized so that the organization can reach its stated vision. Strategic planning typically represents mid- to long-term goals with a life span of three to five years, though it can go longer. This is different than business planning, which typically focuses on short-term, tactical goals, such as how a budget is divided up. The time covered by a business plan can range from several months to several years. The product of strategic planning is a strategic plan. It is often reflected in a plan document or other media. These plans can be easily shared, understood and followed by various people including employees, customers, business partners and investors. Businesses need direction and organizational goals to work toward. Strategic planning offers that type of guidance. Essentially, a strategic plan is a roadmap to get to business goals. Without such guidance, there is no way to tell whether a business is on track to reach its goals. This article systematizes the issues of combining the goals of the innovation strategy (innovation policy) of technical, technological, organizational policy and investment policy and the introduction of new technologies, types of products, services, management methods.                              

   Keywords: strategic planning, innovation management, business, international experience                   


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