SOLUTION: UAB Importance of Strategic Planning and Thinking on Organizational Learning Paper

View attached explanation and answer. Let me know if you have any questions.1Outline for Strategic PlanningStudent’s NameUniversity AffiliationCourseInstructorDate2OutlineImportance of Strategic Planning and Thinking on Organizational Learning•A strategic plan enables firms to look into the future and plan appropriately. Firms canforecast some unfavorable outcomes and take the necessary steps to prevent them throughstrategic planning.•The firms that have a solid strategic plan may not be reactive but proactive to problems.Being proactive helps businesses to stay one step ahead of the competition and remain on topof the market’s dynamic trends.•A strategic plan helps in modeling the path in which an organization must move and createrealistic goals and objectives that are in alignment with the business’s purpose and vision.•A strategic plan provides an appropriate basis for a company to assess its success, expand,set boundaries for effective decision-making, and recompense its workers (Shirey, 2016).•A strategic plan serves as a track for management to coordinate the organization’s functionaloperations to accomplish defined objectives.•Companies may get essential insights on customer categories, market trends, and service andproduct offerings that may influence their performance by developing a focused strategicplan.Approaches That Empower Nurses to Integrate the Strategic Plan into Their Practice.•Transformational leadership and evidence-based practice help nurses in making effectivedecisions and integrate strategic planning into their practice.3•Transformational leaders assist their health systems in engaging with their neighbors andworking together to enhance the community’s health.•Staff satisfaction improves in healthcare firms that employ transformational leadership,which may significantly reduce patient care mistakes.•According to Dials et al. (2017), a transformative leader may change the organization’sframework and persuade current personnel to support the new path.•Evidence-based practice results in better outcomes for the patients and consequently reducesthe demand for healthcare resources. The firm is, therefore, able to save on money.Differentiate Between Long-Term and Short-Term Strategic Thinking•The main difference between long and short-term strategic planning and thinking is thatshort-term planning focuses on immediate results, particularly profitability and income.•In contrast, long-term planning focuses on developments in the future. According to Rousellet al. (2016), a short-term…

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