Training on Strategic Planning and Management
Strategic planning is the art of creating specific business strategies, implementing them, and evaluating the results of executing the plan, in regard to an organization’s overall long-term goals or desires. It is a concept that focuses on integrating various departments within an organization to accomplish its strategic goals.
This training on strategic planning and management course will provide the participants with the concepts and philosophies behind strategic planning, as well as the methods, techniques, and tools required to develop and execute a successful strategic plan.
Target Participants
Training on strategic planning and management is designed for strategic leaders, directors, managers and any other professionals who plan to develop and execute strategic plans for their organizations.
Training Duration
Online 7 Days
Classroom-based 5 Days
Course Objectives
By the end of this course the participants will be able to:
- Determine strategic planning problems
- Develop a competitive strategic plan
- Distinguish main analytical and theoretical methods associated with strategic planning
- Bring into line their corporation with their planning goals by incorporating strategy, goals, metrics, and execution
- Determine developing strategic models and produce ideas on how they can be used to their corporation
- Integrate customer demands into their strategic planning
- Distinguish how the activities of customers, competitors, and their own corporate identify the results in their markets
- Identify the best method to efficiently execute their strategic planning
Introduction to Strategic Planning and Management
- Strategy definition and features
- Introduction to strategic management
- Introduction to strategic planning
- Strategic plan elements
- Components of a strategy statement
- Importance of strategic planning and management in an organization
The Strategic Pillars
- Differentiate Between Mission and Vision
- Core Values and Their Role in Strategic Planning
- Articulate the Unique Value for Your Unit
- Value of Purpose in Ensuring a High-Performance Organization That Achieves Results
- Mission and Vision Statements
Strategic Planning and Management Process
- Environment Analysis
- Strategy Formulation
- Strategy Implementation
- Strategy Evaluation
Analyzing the Environment
- External environment
- Macro and micro factors
- Macro and Market Trends
- The importance/performance matrix
- Internal environment
- Components of an Internal Assessment
- Concept of Core Competencies
- Importance of Culture in an Internal Assessment
- Internal Assessment Diagnostic
- Tools/Techniques for Conducting External and Internal Assessments
Making Strategic Decisions
- Role of data synthesis, insight, and creativity in strategic planning
- Conducting a SWOT analysis
- Using a SWOT analysis to choose strategic imperatives
- Identifying organization’s integrated components
- Strategic imperatives and performance measures
Building a Strategic Plan – Key Elements
- Where you stand
- Internal/external assessment, mission, & principles
- What do you expect to accomplish?
- Vision, goals, & objectives
- How to get there? Strategy Map
- Developing strategic initiatives
- Developing an action plan
- Strategic performance measures
- What are the strategic risks?
Communicating and Executing the Strategic Action Plan
- Identifying gaps in executing the strategy
- Building commitment through multiple avenues of communication
- Establish individual and team performance goals linked to the strategic action plan
- Aligning the organization towards the goal
- Linking rewards and recognition to the strategic progress
Strategy Review
- Importance of strategy review
- Conducting strategic review meetings
- Developing a strategic review agenda
- Revising the strategy
Three D’s in Strategic Planning
- Decisions
- Direction
- Dedication
Strategic Concerns in Competitive Environment
- Impact of the affiliations between competitors, and among competitors and customers on the market
- How competitive connections impact the changes in industries
- Principles of data, vision, and innovation
- Conducting a SWOT evaluation
- Strategic issues and strategic creativities
Strategic Thinking
- Context of strategic thinking
- Key aspects of strategic thinking
- Applying strategic thinking tools
- Strategic thinking process
Leadership and Strategy
- What is strategic leadership?
- Role of strategic leadership in strategic management
- Essential skills of a strategic leader
- Principles of strategic leadership
