Strategic planning is characterised by the following:
　　§ Long-term perspective.
　　§ Looks at the whole organisation as well as individual products and markets.
　　§ Sets the direction of the whole organisation and integrates its activities.
　　§ Considers the views of all stakeholders, not just the shareholders’ perspective.
　　§ Analyses the organisation’s resources and defines resource requirements.
　　§ Relates the organisation to its environments.
　　§ Looks at gaining a sustainable competitive advantage.