A corporate level strategy involves all the strategic decisions that are made by a company that affects the whole organization or company. Most organizations will only use this one strategic plan in all their operations.
In a company where separate parts operate as viable entities, strategic corporate planning is a group exercise. Each part has its own procedures, process and plan. In such situations, the performance of the corporate planning plays a big role in the planning of each part or division. Companies with many divisions rely on corporate level strategy to allocate staffing, capital and other resources. Typically, corporate strategy is effective in making plans that affect all of the operations and processes of a company.
