Strategic Planning refers to a systematic, organized procedure wherein an organization outlines its future objectives and the strategies to achieve them. It involves decision-making and direction-setting activities, encompassing elements like Business Process Outsourcing, where certain tasks are delegated to external agencies to improve efficiency. Strategic Planning also deals with finance management, ensuring optimal allocation of resources for the organization's growth. It includes Business Process Reengineering, a key aspect involving fundamental reassessment and radical redesign of business processes to achieve improvements in critical areas. Business Analysis is also a crucial part, which involves evaluating business needs, determining solutions, and enabling change. The category ultimately aims at enhancing the overall functionality and profitability of the business.