Utility-based Strategic Planning
Utility-based Strategic Planning prioritizes maximizing perceived value for stakeholders by aligning strategic decisions with their diverse needs, fostering sustainable growth and satisfaction.
Tumisang Bogwasi
Tumisang Bogwasi
What is Utility-based Strategic Planning?
Utility-based strategic planning is an advanced organizational framework centered on maximizing the perceived value or beneficial outcomes for all relevant stakeholders. It shifts the strategic focus from purely financial metrics to a broader consideration of satisfaction, well-being, and overall benefit derived from an organization’s actions.
This approach systematically identifies and assesses the diverse needs and preferences of stakeholders, including customers, employees, investors, and communities. By understanding what constitutes
