SP: Leadership Development Programme: Strategic Planning

Course Outline

  • In this strategic planning course, participants will learn the strategic thinking concepts, skills and knowledge required to define the vision and mission for an organization.
  • The course looks at the analytical skills required and various tools available to design the most appropriate strategy. Participants will learn how to structure strategy so that managers can turn the strategy into operational and project plans that can be implemented within the budgetary and resources limitations of participants’ organizations.
  • Participants will learn to use systematic approach to understand where the organisation is now, where the organisation wants to be and why, and how to successfully get from the present to the future.
  • In addition, participants will gain an insight into how innovation strategy may be required to bring about the required future direction.

Course Duration

2 Days

Delivery Format

Classroom

*This class is subject to confirmation, a minimum of 10 pax/class is required.

Goals

This course will prepare you to:

  • create an effective vision and mission statement
  • design appropriate values to support the mission and vision
  • follow a structured process to create an effective strategy
  • analyze the environment your organisation operates in
  • exercise critical decision making
  • develop sound strategic goals
  • develop a clear, implementable strategy

Audience

  • Senior management
  • Department heads
  • Managers
  • Assistant managers and above

Content

  • Strategic planning:
    • Why are we doing strategic planning?
    • Why do strategic planning?
    • We have the why, now the who?
    • Where when and how?
    • The process: Start off slow.
    • Celebrate success Analysis
  • The strategic planning process:
    • Start with getting feedbacks
    •  Methods to solicit feedbacks
  • Building a capability driven strategy (Internal analysis):
    • Core Competencies / Competitive Advantages
    • VRIO (Valuable, Imitable, Rare and Organisation)
  • VMOST:
    • Vision
    • Mission
    • Objectives (Goals)
    • Strategies
    • Tactics
  • Mission / Purpose:
    • Why you do what you do?
    • Who is your customer?
  • Values:
    • Why value is importance for achievement of Mission and Vision?
    • What does your company promise?
  • Setting goals:
    • What are the most important things you should be doing?
    • Financial goals?
    • Non-financial goals?
    • Short-term, mid-term and long-term?
    • Differences between goals and objectives
  • Strategic intent:
    • What is going to move the needle on the vision?
    • Vision
    • Mission
    • Goals and objectives
    • Specific objectives and initiatives
  • KPI’s:
    • Performance measures and targets
    • What are the critical measures or ratios in your business?
    • Application of Balance Scorecard
    • Strategic focus areas vs. tactics in support
  • KPI’s:
    • Performance measures and targets
    • What are the critical measures or ratios in your business?
    • Application of Balance Scorecard
    • Strategic focus areas vs. tactics in support
  • Big Picture vs. Practical Application:
    • Where to add value and make changes?
    • Success drivers
    • Value chain analysis
    • Supply chain analysis
    • Value network analysis
    • Business model canvas
  • Identifying gaps:
    • Implementation constraints
    • Risks to good implementation
    • Harvard Business Review – The secrets to successful strategy execution
  • Key resources in strategic planning:
    • People
    •  Communicating the plan
  • Risk and stakeholder management:
    • Risks
    •  Stakeholder analysis
  • Creating the plan:
    • How do you create work plans?
    • When the rubber hits the road
    • Strategy is about choices
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