FUNDAMENTALS STRATEGIC PLANNING

INTRODUCTION & OVERVIEW

The purpose of strategic planning is to position the organization to create the future it hopes to achieve. In doing so, strategic planning must be designed to surface and address any factor or issue which is key to the organization’s success. Sometimes plans focus primarily on outcomes that are important to the organization’s customers. Other times, plans focus more inwardly, on processes, structures, or mechanisms to enable the organization to function more efficiently or effectively in
producing outcomes. And sometimes plans focus on building longer term capacity of its members.
Gain a perspective and vocabulary for strategic planning to help you actively and constructively supportyour firm’s strategic direction

LEARNING OBJECTIVES

• Define Strategic Planning and Strategy
• Articulate Five Essential Strategy Decisions That Drive Strategy Formation and Implementation in an Organization
• Describe How Strategy Cascades Throughout an Organization
• Link Your Specific Role to the Organizational Strategy and to the Actions Required to Implement the Strategic Plan

TARGET PARTICIPANTS

Mid-level managers/supervisors

LEARNING APPROACH

Virtual training including:
• Interactive facilitation (casual/informal) through video conferencing
• Engagement through discussion, sharing best practices

DURATION

3 Days/4 Hours

WHAT IS STRATEGIC PLANNING
• Define Strategic Planning and Strategy
• Identify Five Key Questions for Organizational Success
• Recognize a Generic Process for Strategy Formation
• Determine Key Stakeholders
• Describe How Strategy Permeates the Organization

WHY ORGANIZATIONS CREATE STRATEGY
• Recognize the Grand Design Within the Organization
• Explain the Significance of the Environments Affecting the Organization
• Discuss Growth and Profit Strategies
• Describe Various Market Segmentations
• Identify How Organizations Create Value for Their Customers and Stakeholders
• Express How an Organization Decides It Value Proposition
• State Why It Is Important to Link Your Actions to Strategy

THE STRATEGIC PLANNING PROCESS IN ACTION
• Identify the Five Stages of a Classic Strategic Planning Framework
• Describe How Strategy Works in an Organization
• Articulate the Highlights and Time Requirements of the Process
• Recognize Your Role in Your Organization’s Strategic Plans

ASSESSING THE ENVIRONMENT
• Identify Strategic Patterns in the Environment
• Explain and Anticipate Patterns
• Express Why Assessing the Environment Is Important
• Describe Six Tools/Techniques for Conducting External and Internal Assessments

3 D’S OF STRATEGY – DISCUSSIONS, DECISIONS, AND DEVELOPMENT
• Review Key Stages of the Strategic Planning Process
• Describe How SWOTs, Core Competencies and Critical Success Factors Are Incorporated into the Strategic Discussions
• Appreciate the Rationale Behind Strategic Decisions

IMPLEMENTING AND REVIEWING STRATEGY
• Discuss Strategic Alignment and What It Means to an Organization
• Identify the Ways an Organization Creates Strategic Alignment
• Develop a Series of Questions to Facilitate Strategic Conversations
• Recognize Accountability Systems
• Identify Reward and Recognition Incentives for Success
• Express Why, When and How Often Strategy Should Be Reviewed

Please contact us for the full course outline, schedules and for booking a private class.

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