Duration 2 Days
Who should attend?
Managers, executives and anyone involved in planning and/or implementing strategic initiatives.
Learning Outcomes
- Understand the need for strategic planning
- Understand the difference between vision, mission and goals
- Prepare an effective strategic business plan
- Assess opportunities and threats
- Identify driving forces within the business
- Evaluate implementation options
- Understand how change affects a business
- Conduct a Gap analysis
- Link strategy to actions
- Monitor and control implementation
Course Content
- Benefits of Strategic planning
- The components of a plan
- Vision and mission statements
- Defining SMART goals
- Analyse your current position through:
- SWOT analysis
- Competitor analysis
- PESTEL
- Align strategies to organisation capabilities
- Choosing strategies to meet stakeholder needs
- Manage Change in an organisation
- Determine gaps between current and needed organisation characteristics
- Establish appropriate objectives and milestones for the implementation of the plan
- Setting up Metrics to measure performance
- KPI’s
- Balanced Scorecard
- Economic Value added