Traditional Business PlanningFrameworkExternalInternalenvironmentenvironmentDetermineBusiness strategy.Purpose/mission.VisionDevelopImplement.Goals/ ObjectivesFunctionalCurrentStrategiesInitiatives.SalesDevelopfunctionalplans.TQM.Marketing.Objectives/targets.Customer.Finance. Budgetsatisfaction.etc.Resources.ActionsManagefunctionalplansExternal environment Internal environment Determine Business strategy . Purpose/ mission . Vision . Goals/ Objectives Develop functional plans . Objectives/ targets . Budget . Resources . Actions Manage functional plans Develop Functional Strategies . Sales . Marketing . Finance . etc Implement Current Initiatives . TQM . Customer satisfaction Traditional Business Planning Framework