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Strategic Business Planning and Implementation
Strategic Business Planning and Implementation
Strategic Business Planning and Implementation course will provide you with the skills and insights to develop strategy and resolve organizational issues, understand yourself and others and then to expand and capitalize on the learned skills to operate more effectively in your management teams.
A strategy provides you with a sustainable edge over the competition.
You will learn the importance of flexibility, focus, empathy, encouragement using a steady approach, and that awareness, thinking styles, problem-solving skills, emotional intelligence and cultural matters are essential in guiding both yourself and others towards success, creating smart people and people-smart strategies.
This Strategic Business Planning and Implementation programme is about getting your team, department or organization where it needs to go. Starting with the bigger picture and moving onto the practical implementation issues, this course takes you right through the strategic planning process with helpful tools, techniques, and ideas at every stage.
To be strategic is to be well prepared ahead of time for different eventualities.
Therefore, strategic planning requires a ‘state of mind’ that has space for the future, is versatile enough to perceive different possible scenarios and creative to think out new solutions for potential problems and issues that may arise.
At all levels, strategic thinking has become necessary for both short and long-term success. The key lies not just in individual skills, but also in the ability to engage others in an on-going strategy process.
Shape and guide the overall business objectives of your organization by leveraging proven analytical techniques.
In this training course, you learn to formulate, execute, and monitor the strategic planning for your organization by assessing your current business environment, identifying strategic options for competitive advantage, and applying strategy processes at the organizational and departmental level.
This is official ASP course.
You might be interested in another Strategy Planning courses as a next step.
- COURSE TYPE ADVANCED
- COURSE NUMBER
- DURATION 4 days
- COURSE ACCREDITED BY ASP
YOU WILL LEARN HOW TO
You will learn how to formulate a vision/mission, undertake strategic analysis (using internal and external logic), set objectives and KPIs, make decisions, and develop themes for the implementation of a corporate business plan.
You will learn how to combine the individual components of analysis, formulating and planning strategy. This business planning course will give you a ‘joined up view’ of how the strategic process should work, underpinned by a large selection of tools, techniques, and frameworks that will help you tailor a plan to your organizational needs.
IMPORTANT COURSE INFORMATION
The Strategic Planning and Implementation program is an approved program of the Association for Strategic Planning (ASP) – Canada.
Participants who fully attend this course and complete the test on the last day will receive a Strategic Axis Professional Certificate (SAPC). SAPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
Additionally, all participants will receive certificates from KHDA – Knowledge and Human Development Authority.
Module 1: Fundamentals of Strategic Planning
Components of strategy
Discovering why strategies fail
Clarifying your organization’s mission, vision and core competencies
The benefits of strategic planning
The need for the strategic plan
Samples of plans
Assessing tools and processes for strategic planning
What is Strategic Thinking?
Skills for Strategic Thinkers
Module 2: Strategic Analysis
Recognise threats and opportunities
Identify strengths and weaknesses
Identifying high-risk areas
Define unique resources and core competencies
Analysing strategic capability
Stakeholders impact analysis
Elements of Strategic Plans
External Reporting and Compliance
Insight, Forecasting, and Foresight
Keeping ‘the future in mind’ in the personal and corporate planning cycle
Finding the answers to the why/what/how/who questions
The distinction between essential and urgent actions
A strategic paradigm – linking corporate value to team values
Recognising passion and the energy that it creates
Brand and focus – what is the vital importance?
Module 3: Developing the Strategy
Ensuring organizational capabilities are appropriate for the strategic environment
Analysing how competitive and other environmental factors shape strategy
Determining the impact of operating and remote environments
Assessing the external environment for individual departments
Identifying your customers and their needs
Evaluating external forces
Analysing your operating and external environment
Initiating a SWOT analysis
Prioritising opportunities and threats
Categorising the external environment with checklists
Auditing internal capabilities
Identifying strengths by business function
Expanding the SWOT analysis
Distinction Between Strategy and Objectives
Establishing Success Criteria
Writing SMART Goals
Module 4: Identifying Strategic Options
Evaluating factors for choosing a strategy
Mapping strategies to product or market life cycle
Aligning strategy with capabilities of the organization
Selecting strategies to meet stakeholder expectations
Selecting appropriate strategic models
Identifying sources of competitive advantage
Implications of growth and diversification strategies
Global strategies for sourcing, operations, and marketing
Creating a Strategy-Focused Organisation
Learning and Performance Improvement
Your Organisation’s Key Strategic Issues
Review Findings’ Impact on Your Organisation
Relationship Between Organisation Strategy and Brand Identity
Identifying, acquiring and cultivating new strategic capabilities
Strategizing (identifying goals and methods to achieve them)
Developing/Updating Mission, Vision and Value Statements
Strategic alliances with the competition
Module 5: Formulating Your Strategic Plan
Considering strategic planning approaches
Issue-centric, Entrepreneurial and Holistic planning
Assessing organizational readiness
Building the plan
Critical components of a strategic plan
Operationalising the strategic plan
Identifying opportunities for portfolio management and gap analysis techniques
Linking strategy to actions
Aligning strategy with six crucial organizational factors
Identifying gaps between current and needed capabilities
Establishing appropriate objectives and milestones
Managing culture, human resources, skills, processes and structure for strategy execution
Initiating programmes and projects for implementing the strategy
Module 6: Implementing Strategy
Managing stakeholder expectations
Establishing effective communication mechanisms
Aligning culture to the strategic direction
Linking rewards to performance
Surviving the inevitable change
Maximising results with applied processes
Connecting people to the execution of strategy
Designing effective information systems
Organising to execute in line with the strategy
Communicating the strategy to the organization
Developing the corporate Balanced Scorecard
Project management framework
Changing the Plan as Necessary During Implementation
Guidelines to Manage Organizational Change While Implementing the Plan
Module 7: KPI and KRA
Employee Goals and KPIs
Characteristics of KPIs
Requirements of KPIs
Problems with KPIs
What are KRAs? – Key Result Areas
Why do We Need Them?
Conditions of KRAs
Balance Scorecard (BSC)
Module 8: Monitoring and Controlling Implementation
Establishing Key Performance Indicators (KPIs)
Setting up metrics to measure performance
Monitoring progress with dashboards
Deploying Balanced Scorecards
Dimensions of strategic control
Detecting changes in assumptions
Coping with a dynamic environment
Adjusting for unanticipated events
Controlling and Monitoring People
Identifying Success Indicators, and How to Measure Them
Emergent Approaches to Monitoring and Evaluation
Control Systems and Performance Measures
Effective Monitoring and Evaluation
In The Classroom
Private Team Training
Indiviual Private Session
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