Generally strategic planning assumes the future will be more or less like the present. However, in today’s world of accelerated change – we need to challenge this industry convention. When we plan, we should examine the prospect of a radically different future which capitalizes on new technologies and the macro changes in the environment.
Strategic Planning
0.00 EGP
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Description
By the end of this course each attendee will be able to
- Apply your understanding of the principles of strategic management
- Be able to analyze a venture’s environment with basic tools
- Understand what “positioning” of a venture is
- Identify competitive advantage when it exists
- Formulate a basic strategy for the venture
- Ask the right questions
Preparing for the Strategic Planning Process
- Difference Between Strategic, Tactical, and Operational Planning
- Setting the Parameters for the Strategic Planning Process
- The Phases of the Strategic Planning Process
- The Preliminary Planning Phase
- Stakeholders
- Establishing a Strategic Planning Committee
- Gathering Operational Data
PrepaInitiating the Strategic Planning Process
- Developing a Mission Statement
- Developing a Vision Statement
- Assessing Internal/External Environments
- Performing SWOT Analysis
Developing the Strategic Plan
- Prioritizing What the Strategic Plan Will Address
- Setting SMART Goals and Objectives
- Developing Strategy for Achieving Goals
- Drafting the Strategic Plan
- Using Planning Tools
Executing the Plan
- Assigning Responsibility and Authority
- Establishing a Monitoring System
This course is suitable for CEOs, General managers and Divisional managers
- Classroom lectures
- Video
CORE Certificate
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