Module 1: Fundamentals of Strategic Planning
Defining strategy
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
Recognising vulnerabilities
Expanding the SWOT analysis
Distinction Between Strategy and Objectives
Establishing Success Criteria
Writing SMART Goals
Visual Thinking
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
Critical insights
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
Implementation Issues
Module 7: KPI and KRA
Employee Goals and KPIs
Designing KPIs
Characteristics of KPIs
Requirements of KPIs
Problems with KPIs
What are KRAs? – Key Result Areas
Why do We Need Them?
Conditions of KRAs
Contribution Zone
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