If you want to take your business to the next level, you need to start thinking strategically. Strategic planning is essential for any business that wants to grow and compete in today's market. This blog post will discuss the five basics of strategic planning and how you can use it to gain a competitive edge in your industry. So if you are ready to take your business development to the next level, keep on reading! ? Identify your company's core competencies. The first step in any strategic planning process is identifying your company's core competencies. What unique skills and capabilities give your business a competitive advantage? Once you have placed your core competencies, you can develop a strategy or project management framework to utilize them best.