What is the purpose of a strategic plan?

The correct answer emphasizes the importance of a strategic plan in establishing priorities for achieving long-term goals. A strategic plan serves as a roadmap, guiding organizations in making informed decisions that align with their vision and objectives. By focusing on long-term goals, businesses can allocate resources effectively, pursue opportunities that align with their mission, and navigate challenges in a structured manner.

Strategic planning allows organizations to look beyond the immediate needs and focus on sustainability and growth. It involves assessing the current state, envisioning a desired future state, and identifying the steps needed to bridge the gap. This approach ensures that all activities and initiatives are aligned with the organization's long-term vision, rather than just addressing short-term needs or reactive changes.

In contrast, the other options focus on narrower aspects of organizational management. While they may serve important functions, they do not capture the holistic and forward-looking nature of strategic planning. Short-term goals, employee productivity, and daily operations are essential components of management, but they are typically addressed within the framework established by the strategic plan.