Retreats

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Retreats is formal meetings commonly held off-premises to discuss and update a firm's strategic plan; done away from the work site to encourage more creativity and candor from participants.

Definition

According to the Strategic Management by David and David (15th edition),

Retreats. Formal meetings commonly held off-premises to discuss and update a firm's strategic plan; done away from the work site to encourage more creativity and candor from participants.
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