Business Planning
Course Overview
Challenges that modern times business environment is posing place more responsibility of the company’s overall performance on its management. Advanced technologies, new business models, open competition, growing markets, increased need for skilled staff, and a more demanding, sophisticated and knowledgeable customer base necessitates a shift and evolution in the way we plan and implement business objectives, strategies and action plans.
Goal of Course:
Strategic Planning Course is designed to develop a ‘living’ Strategic Plan for the organization. Delegates will learn how to think strategically and create and maintain a plan that the staff will understand and use to guide their future efforts.
They will learn how to build a Strategic Plan that is relevant to the business and focused on the Customer which are considered the end line users.
This workshop participant should have the opportunity to take their business planning and execution to a new level and incorporate the latest in strategic management, business planning and business case assessments.
During this Strategic Business Planning Training Course, participants develop skills and understanding in identifying company values, defining the company vision, conducting SWOT analysis, creating a strategic plan, implementing and evaluating a strategic plan, using strategy maps and balanced scorecards, and more.
This workshop is designed to provide participants with current understanding of strategic planning and knowing how to effectively analyze and apply knowledge for effective strategic planning skills. It provides comprehensive understanding of strategic planning. It brings together various models for strategic planning such as Balanced Scorecard, RBM Framework
Duration:
3 Days
Language:
English
Training Objectives
- Learn how to describe why the Organization exists and where the Organization is going
- Understand the Lifecycle of ‘Living’ Strategic Plan
- Learn how to adjust the Strategic Plan to reflect significant shifts in the Organizational environment
- Learn how to differentiate between a Mission Statement and Vision Statement
- Learn how to develop Objectives and Goals for the Strategic Plan
- Learn how to develop an Action Plan to achieve the Goals
- Understand the techniques for keeping the Strategic Plan alive in the organization
- Identify the values that support their company
- Write a mission statement that explains what the company’s purpose is
- Complete meaningful SWOT analyses
- Use tools and techniques to create a strategic plan that directs the organization from the executive to the front line
- Learn ways to implement, evaluate, and review a strategic plan
- Use related tools, such as the strategy map and balanced scorecard, can help them develop a strategic plan
- Understand strategic planning
- Set goals
- Assign roles and responsibilities
- Keep everybody accountable
- Gather support
- Make changes
- Use presentation options, including infographics and reports
Module Outlines
Module 1: Introduction to Strategic Planning
- Welcome & Introduction
- Workshop Objectives
- What is Strategic Planning?
- Objectives of Strategic Planning
- Success Criteria to apply Strategic Planning
- Applying ‘SMART’ Strategic Planning skills and using outcome based tools.
- Strategic, Operational and tactical plans using Balanced Scorecard (BSC), Result Based Management (RBM) and Management by Objectives (MBO)
- Elements of a Strategic Plan; Themes, Strategy house, enablers and challenges, Clarifying mission, vision and values
- Understanding ‘where are we know?’, stakeholders research, collaborator/competitor analysis,
use of Tools such as SWOC, PESTLE, Porters Five Forces Analysis and the Boston Consulting Group matrix to understand the organization and its environment - Understanding the relationship between outputs, outcomes and impact
- Video Case presentation
- Case Analysis-Part I
Module 2: Implementing the Strategy
- Understanding the key factors involved in implementing the strategy, success criteria, developing objectives and outcome based tools
- Using action planning tools as logical frame working action planning grids and planning wheels.
- Communicating your strategic planning
- Describe how to create vision in the organization Describe how to create a plan for accountability
- Describe how a leader builds commitment through the execution process.
- Identify ways to align the organization toward a single purpose.
- Determine frame work of reference of strategic planning concepts.
- The evolution of strategy
- Case Analysis-Part II
Module 3: Strategic Planning Process
- Understand the basic elements of strategic planning
- Developing and managing the strategy formation process
- Understand the Organization Values
- Understand the Organization mission and create the mission statement for the organization or for departments to cope with strategic organizational vision
- Understanding the Internal Environment
- Understand how to become higher performing organization
- Understand financial element of developing strategy
- Understand the effective monitoring and evaluation
- Understanding the difference between monitoring, evaluation and impact assessment
- Identifies the indicators and how to measure the strategic planning achievement
- Case Study
Module 4: Techniques for Strategic Planning
- Identify strategic planning issues in order to develop a unique competitive advantage.
- Align the organization with strategic planning goals by integrating strategy, objectives, metrics and performance.
- Involving strategic patterns and generate ideas on how they can be applied in the organization.
- Assessing the benefits and risks of strategic planning
- Prepare the planning process including developing a project plan, identifying your stake holders.
- Developing effective monitoring and evaluation Understanding emerging approaches to monitoring and evaluation such as participatory, real-time and balanced scorecard
- Culture Orientation and ethics enforcement
- Case Study
Module 5: Making & Presenting the Change
- Preparing for Change
- Three Phases of Change
- Endings
- Transitions/Neutral Zone
- Control & Change
- Reports
- Infographics
- Presentations
- Creative Considerations
Module 6: Project Closing
- Exercises- Step by step strategic planning process
- Techniques and tips for strategic management
- Balanced Scorecard approach to Strategic Planning
- Detailed step by step strategy building for corporate x
- Cascading of strategy to tier 2 and 3
- Action plan
Customized Learning
Leap To Success is offering a variety of learning options to meet current realities and can be adapted to suit your business needs. These options include variants of online, blended and on-site course formats.
Face To Face Learning
Enabling you to have a face to face interactive and engaging learning experiences led by renowned industry experts and thought leaders with extensive practical experience who will employ a variety of interactive learning techniques, including short high-impact videos, case studies, assessments, role plays, in addition to on-going support.
Virtual Learning Labs
Interactive online learning held in real-time using Zoom and are led by international subject matter experts who incorporate case studies, breakout rooms, guided practice, simulations and discussions to maximise your learning experience.
General Methodology
Similar to any L2S training program, this program offers an interactive learning experience in which will allow the delegates to reflect on their learning through an informative, indulging, and fun classroom experience. The design of the training session focuses on the following attributes.
Concrete Experience: The delegates will learn by doing
Reflective Observation: Reflecting on the newly experienced skill-set
Abstract Conceptualization: Developing deeper understanding to the learned concepts
Active Experimentation: Providing the delegates with realistic tools that can be tested in the real life
Specific Methodology
To effectively execute this program and to ensure that the end result is being achieved L2S specific training methodology in the Business Fundamentals Program is as explained in the below stages:
Stage 1: Designing the Training Event
During this stage L2S will be assessing the learning needs from the determined objectives.
Simultaneously consider practicality. In addition, L2S will consider the group’s learning style in order to identify which style of learning is most suitable. During this stage L2S as well will capture a real problematic incidents reflecting on the real work environment.
Stage 2: During the training
The course design is based on interactive facilitation, training games, training videos, role-plays, group discussions, group brainstorming sessions.
Assessment or Pre Assessment, Formative Assessment through validating learning and Summative Assessment by the end of the training program
The pre-test has been designed to focus on and to isolate specific learning objectives for each
participant.
Stage 3: Post the Training
Post the training program delegates will be given an action plan along with a worksheet that includes the key learning points.
Activities Brief:
Set Your Objective!
In Antarctic Challenge, teams have to plan a complex project and present their findings in a
way that will achieve results. Ideal for developing project planning and teamwork skills. Realistic, motivating, challenging!
Learning Objectives:
- Allows for group decision-making on which objectives to set
- Highlights need for realistic objectives to be set
- Stresses importance of calculating how long tasks will take
- Tests teams’ ability to work together under pressure
- Demonstrates need to know the time and date when tasks are due
Antarctic Challenge
In Antarctic Challenge, teams have to plan a complex project and present their findings in a way that will achieve results. Ideal for developing project planning and teamwork skills. Realistic, motivating, challenging!
Learning Objectives:
- Illustrates the need for team brainstorming to get ideas on the table
- Demonstrates the need to break a project into bite-sized chunks
- Raises awareness of how team members need to communicate with one another
- Stresses importance of planning schedules and cost accounting
- Emphasizes the need to plan a presentation with audience’s needs in mind
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