Discussion: Initiating the Strategic Planning ProcessStrategic planning is essential for organizationsbecause, ultimately, it helps them to be of value to the stakeholdersand communities that they serve. While this provides a broad explanationof the importance of strategic planning, it does not explain why it isspecifically relevant for your particular organization. When initiatingthe strategic planning process, you want to be able to obtainstakeholder buy-in, and to do this, you have to be able to explain itsrelevance. For this Discussion, you examine the relevance of strategicplanning to the organization that you selected for your Final Project.By Day 3Post a brief description of thenon-profit or public organization that you have selected for your FinalProject. Explain why strategic planning is relevant to thisorganization. Then, identify critical components of the organization’sstrategic planning process and explain why they are critical in terms ofmissions and goals.By Day 5Respond to two colleagues in one of the following ways:Share additional insights as to why strategic planning is relevant to the organizations that your colleagues described.Identify additional critical components of strategic planning for the organizations that your colleagues described.Reminder: Be sure to support yourposting and responses with specific references to the Learning Resourcesand/or current literature. Use APA formatting to cite references inyour posting and responses.