This book offers a comprehensive guide to strategic and corporate planning, focusing on practical applications within the Papua New Guinea context.

It covers essential topics such as defining the scope, purpose, and principles of corporate planning, as well as exploring the historical evolution and emerging trends shaping the field.

The book emphasizes aligning strategic initiatives with organizational vision and mission, conducting thorough environmental and industry analyses using tools like SWOT, PESTEL, and Porter’s Five Forces.

It provides detailed methodologies for formulating measurable objectives, generating strategic alternatives, and evaluating options through decision-making frameworks.

Practical insights on financial forecasting, budgeting, resource allocation, and implementing project portfolios are included to help organizations translate strategy into action.

The guide also addresses key areas of performance measurement, risk management, and monitoring systems, along with strategies for leading change and fostering innovation.

Special focus is given to incorporating cultural values, ethical standards, and corporate social responsibility within strategic processes.

Moreover, the book features case studies and examples relevant to sectors such as resource, agriculture, telecommunications, and banking, making it a valuable resource for professionals, managers, and policymakers aiming to develop and sustain competitive advantage in a dynamic environment.