Strategic Planning for Organisational Success

You Will Learn How To

Formulate strategic plans to help your organisation advance and grow
Detect the strengths, weaknesses, opportunities and threats (SWOT) for assessing your current position
Identify strategies to better position your organisation for long-term competitive advantage
Translate strategy into action
Execute strategy and deliver results through people and processes
Establish strategic planning, monitoring and controlling mechanisms that ensure positive results

Course Benefits

Strategic planning enables an organisation to shape and guide its overall business objectives. Through effective strategic planning, an organisation creates a framework for developing, adapting and aligning organisational vision, mission and goals to achieve and sustain competitive advantage. In this course, you gain the knowledge needed to formulate, execute and monitor the strategic planning for your organisation based on proven analytical techniques and models.

Who Should Attend

Managers, executives, business analysts and those involved in planning and/or implementing strategic initiatives.

Workshop Course

Participants work in small groups to apply strategic planning tools and techniques. Workshops include:

Determining mission, vision and core competencies
Identifying opportunities and threats as inputs to SWOT analysis
Utilising value chain analysis to assess your internal strengths and weaknesses
Formulating an effective strategy for competitive advantage
Conducting a gap analysis between current and needed organisation characteristics
Crafting an action plan to implement strategy
Designing dashboard metrics to monitor progress

Course Content

Fundamentals of Strategic Planning

The need for strategic planning

Benefits of strategic planning
Defining the strategic planning process

Defining components of a strategic plan

The "Who" and "What" of a strategic plan
Communicating and implementing the strategy

Addressing your organisation's mission and vision

Identifying your organisation's core competencies
Differentiating your products and services in the marketplace

Detecting Opportunities and Threats

Operating in micro and macro environments

Analysing how competitive and other environmental factors shape strategy
Determining the impact of operating and remote environments

Assessing external forces

Analysing your operating and external environment
Initiating a SWOT analysis

Recognising Strengths and Weaknesses

Applying a resource-based view analysis

Mapping your internal value chain
Identifying competitive differentiators
Evaluating culture, human resources, skills, processes and structure

Auditing internal capabilities

Highlighting the key activities in the value chain
Identifying strengths by business function
Recognising vulnerabilities
Expanding the SWOT analysis

Identifying Strategic Options

Evaluating factors for choosing strategy

Mapping strategies to product or market life cycle
Aligning strategies with capabilities of the organisation
Choosing strategies to meet stakeholder expectations

Selecting appropriate strategic models

Identifying sources of competitive advantage
Implications of mergers and acquisitions
Leveraging the power of growth strategies
Pursuing global strategies for sourcing, operations and marketing

Formulating Your Strategic Plan

Assessing the feasibility of alternatives

Analysing and evaluating the options
Ensuring stakeholder participation and buy-in

Conducting gap analysis

Assessing organisation characteristics relevant to strategy execution
Determining gaps between current and needed characteristics
Closing the gaps through targeted practice

Linking strategy to actions

Operationalising the strategic plan
Designing the operating unit plan
Establishing appropriate objectives and milestones
Managing culture, human resources, skills, processes and structure for strategy execution
Initiating programs and projects for implementing strategy

Executing Your Strategy for Success

Establishing effective communication mechanisms

Aligning culture to strategic direction
Linking rewards to performance

Maximising results with applied processes

Connecting people and their skills to the execution of strategy
Establishing and maintaining communications
Designing effective information systems
Organising to execute in line with strategy

Monitoring and Controlling Implementation

Establishing Key Performance Indicators (KPIs)

Setting up metrics to measure performance
Monitoring progress with dashboards
Dashboards for visual presentation of KPIs to help decision makers take action
Deploying Balanced Scorecards

Dimensions of strategic control

Detecting changes in assumptions
Coping with a dynamic environment
Adjusting for unanticipated events

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