Although every organization or association is different, there must be some sort of plan implemented to achieve specified goals and objectives. Strategic planning can be the overarching management concept that sets the direction the “ship of business” will take. Planning will involve all the various factors that may affect business or organization operations. Internal and external strengths, weaknesses, opportunities, and even threats are all factored into the planning process and procedures. There are many different areas of planning, such as financial, general assets available, employee pool and selection process, and so on. The management concept of planning should be practical and efficient.