Course Description
The planning process is concerned with defining a company's goals and determining the resources necessary to achieve those goals
The business planning lifecycle, providing an excellent overview of developing a strategic plan, is covered in this course. The covered topics include but are not limited to formulating a vision/mission, undertaking strategic analysis (using internal and external logic), setting objectives and KPIs, making decisions, and developing 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.
What Do Participants Learn?
- Describe A Typical Business Strategic Plan, Its Layout, And Its Contents
- Choose Appropriate Frameworks For Analyzing The External Environment And Using The Internal Capability To Produce Sharper Insights
- Recognize Cognitive Bias And How To Mitigate Its Impact On Your Decisions
- Identify The Key Activities Required To Successfully Execute Strategic Business Plans
Who Should Attend?
This course is suitable for any professional who wants to aim for executive positions in business or become an entrepreneur.
What Will the Learning Experience Include?
Phase: 1
Introduce
- Comprehensive pre-program activities include:
- Web-based information forms & surveys completed by attendee.
- Direct consultation with the attendee about the expectations.
- During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
- Participants learn from expert trainers who have both academic and business experiences.
- Highly applicable training content & instructive activities for adding depth to training topics.
- **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Phase: 2
Explore & Practice
Phase: 3
Apply
- Apply & sustain the learning experience by using this ongoing support:
- To ensure participant has new skills or behavior progress.
- Optional, fee-based mentoring & coaching with the trainer.
- Training materials & additional documents (e-books, pdf files, presentations and articles)
- Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
- Participant's Evaluation
- Trainer's Evaluation
Phase: 4
EVALUATE
Section One: Strategic Planning Principle And An Overview Of The Strategic Planning Process
- Determining A Frame Of Reference For Strategic Planning Concepts
- Schools Of Thought In Strategic Planning
- The Evolution Of Strategy
- Basic Elements Of Strategic Planning
- Developing And Managing The Strategy Formation Process
Section Two: Understanding Your Organization’s Mission And Assessing The External Environment
- Your Organization's Core Values
- Creating An Inspiring Mission Statement For Your Own Organization
- Identifying Macro And Micro Factors
- Responding To Changes In The Environment
- The I/P (Importance/Performance) Matrix As A Competitive Tool
Section Three: Understanding Your Internal Environment And Formulating Your Strategic Planning
- How To Become A High-performing Organization
- Financial Elements Of Developing Strategy
- Data Synthesis
- Swot Analysis
Section Four: Competitive Strategic Planning And Ensuring Strategic Alignment
- Defining Your Competitive Advantage
- The Product/Industry/Life-cycle Curve
- Understanding Mega Patterns
- Creating Organizational Accountability
- How To Translate The Grand Design Into Well-executed Strategic Planning
Section Five: Strategic Planning Execution And A Strategic Planning Process
- Key Building Blocks
- Learning The Three Core Processes
- Understanding Resource Allocation And Strategy Formation
- Determining The Best Processes For Your Business