Institutional planning is the process by which organizations, such as schools, universities, or businesses, set long-term goals and develop strategies to achieve them. This planning involves assessing current resources, identifying challenges, and determining the best ways to allocate time and money. By creating a clear roadmap, institutions can ensure they are prepared for future changes and can effectively meet the needs of their communities. Effective institutional planning also includes engaging stakeholders, such as students, employees, and community members, to gather input and foster collaboration. This inclusive approach helps create a shared vision and encourages commitment to the institution's goals, ultimately leading to better outcomes for everyone involved.