Strategic Planning and Implementation
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Overview
By taking time to analyse your business, the competition, and the environment, you will be able to develop strategies, objectives, and metrics that will enable you to differentiate from your competitors, attack niche opportunities, and drive long term value. You will learn how to develop a strategic plan for your organisation, identify goals, objectives, and metrics and cascade them through the organisation so that everyone is aligned and working on the right things at the right time.
Topics Covered
The material covered in this Short Course is “state of the art” strategic planning methods as used by consulting firms and world class companies. This Short Course will cover the following topics using an interactive approach including case studies, class discussion, and worked examples.
The specific topic areas to be covered are:
- Strategic Planning definition and overview
- The Foundation – vision and values
- Strategic Analysis - prevailing approaches
- SWOT analysis
- Malcolm Baldrige framework
- Porter’s 5 forces model
- Bradford and Duncan’s model
- Balanced Scorecard
- Branch model
- Developing the Plan
- Identifying alternatives
- Risk and ROI analysis
- Making strategic choices
- Testing strategic alternatives
- Implementing the Plan
- Cascading objectives
- Developing and using performance metrics
- Identifying what initiatives and activities to start, stop, and keep
- The Dashboard
- Changing work processes
- Building alignment
Who should attend
This Short Course is ideal for board members, executives, managers, business owners, or anyone who would like to add to their knowledge of strategic planning methods.
Outcomes
Participants will learn the three key phases of strategic planning – analysing the internal and external environment, developing and testing strategic alternatives, and implementing the plan. Participants will learn how to develop a strategic plan for their organisations and to cascade that plan through goals, objectives, and metrics so that everyone is aligned and working on the right things. Attendees will leave with a tool kit of practical tools and communication templates


