At what levels must the phases of the business planning process take place?

The phases of the business planning process must take place at both the facility and departmental levels to ensure a comprehensive and cohesive strategy for the organization. At the facility level, overarching goals, resources, and capabilities are assessed, allowing for alignment with the institution’s vision and mission. This allows the organization to establish priorities and allocate resources effectively.

Simultaneously, the departmental level is crucial as it fine-tunes the broad goals set at the facility level into actionable objectives tailored to specific areas of the business. Each department can identify its unique challenges and opportunities, ensuring that they contribute meaningfully to the overall strategy. By integrating both levels, the organization can foster collaboration and ensure that each department is aligned with the facility's strategic goals, resulting in a more effective and unified approach to planning and execution.

This dual-level approach ensures that all aspects of the business are considered, maximizing efficiency and fostering a culture of shared responsibility and accountability throughout the organization.