PERIODIC REVIEW
PERIODIC REVIEW
ABOVE Integration of tools, communication, data, time during periodic reviews.
WRITTEN BY OLGA DIMALIG
The institution can respond to short-term volatility during the review period while preserving its longterm strategic objective. It acknowledges that planning is an ongoing, systematic process. the procedure, as well as the fact that the plan is a dynamic, live document (Watkins, 2004). The impact of changes to internal strengths and weaknesses, external opportunities, and threats, asassumptions, and the
original mission and goals must be identified and evaluated on a regular basis. The institution has to set up a regularity for the review procedure. As much as possible, it should be coordinated with current cycles, such as the annual budget cycle or academic cycles. Finally, it must decide how modifications to the larger organization will be made and lessons learned will be conveyed.
A CRUCIAL COMPONENT OF STRATEGIC PLANNING IS REVIEW
PERIODIC REVIEW
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