Fundamentals of Strategic Planning

• Understand what strategy and strategic planning mean to an organization
• Learn key concepts and the language used by those involved in strategic planning
• Discover various approaches companies use to develop strategy
• Find out how strategy moves from concept through implementation to realization
• Recognize techniques companies use to assess their current and future environments
• Identify specific ways you can contribute to your organization’s strategic success

CONTENT

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
   

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

FOR WHOM:

Human Resources Managers, Admin Managers, Senior Managers, Directors, Admin Officers and others who perform related functions.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.