Strategic planning is a company procedure forcharacterizing their strategies or management. It settles decisions on assigning its assets to follow that system. It might, in addition, reach out to control components for managing the execution of the method. It answers the questions who, what, when, where, how, and how much for accomplishing any set of strategies (Plunkett, Allen, & Attner, 2013). In this assignment I will be explaining the essential procedures in processing a plan and procedure in preparing sound decisions.Also, presume how an individual characteristics of a manager impacts decision-making and presume how the processes of the strategic planning process and the environmental variables that affect decision having effect the quality benefit effectiveness channel.