True or False: A strategic plan is valuable only if it is communicated to the organization.

A strategic plan serves as a guiding document that outlines an organization's vision, mission, objectives, and the strategies to achieve them. For a strategic plan to be effective, it must be communicated throughout the organization. Communication ensures that all employees understand the direction in which the organization is heading and their roles in contributing to its success. Without clear communication, employees may remain uninformed or disengaged, leading to a lack of alignment in achieving the organization's goals. By sharing the strategic plan, leadership can foster a sense of ownership and encourage collaboration, ultimately increasing the likelihood of successful implementation. Therefore, the value of a strategic plan is indeed contingent upon effective communication to ensure all members of the organization are on the same page regarding the objectives and strategies.