Strategic Planning & Goal Setting: Setting Business Goals, Targets & Deliverables
LEADERSHIP, MANAGEMENT
Introduction
In order to be successful managers must
have the ability to plan strategically. Developing this competency is a key
component of managerial skills enhancement given that effective strategic
planning is essential to the future success of any organization. However, most
strategic planning is lacking in vision. It is merely a straight-line
extrapolation of the past into the future. In a world where the pace of change
is greater than ever before this is at best short-sighted and at worst a
prescription for disaster.
Course Objective
Upon successful completion of this course,
participants will be able to:
- Examine how to design visionary strategic plans.
- Consider utilization of a model for organizational assessment.
- Formulate insights into strategic planning problems to avoid.
- Identify and learn from examples of strategic success and failure.
- Develop understanding of the nature of the organizational life cycle.
- Study the preparation of effective contingency plans.
Training Methodology
A highly interactive combination of lecture and discussion sessions will be managed to maximize the amount and quality of information, knowledge and experience transfer. The sessions will start by raising the most relevant questions, and motivate everybody to find the right answers. The attendants will also be encouraged to raise more of their own questions and to share developing the right answers using their own analysis and experience.
Course Outline
Day 1:
Strategy, Strategic Planning and Competitive
Positioning
· Introduction to the Seminar – Structure and Content.
· Strategy - Concept and Significance.
· "Competitive Positioning” vs. "Blue Sky” Approaches.
· Achieving Competitive Advantage through Flexibility and Agility.
· The Interaction of Strategy, Structure and Business Processes.
· Gathering Information and Intelligence for the SWOT Analysis.
Day 2:
Strategic Intent, Strategic Choice and Balancing Scorecards
- Vision
and Mission Statements - Preparing for the Future.
- Business
Analysis and Contingency Planning.
- Strategic
Choice.
- Converting
the SWOT Analysis into the "Strategy Matrix”.
- Strategy
Formulation – Programmes, Projects, Policies.
- Transforming
the Organization - Strategy Implementation and Managing Change.
Day 3:
Assessing
the Current State of the Organization
- Leadership
and Management in relation to Strategy.
- Customer
and Market Focus.
- Human
Resources and Knowledge Management.
- Building
a Strategic Planning Team.
- Effective
Process Management to Achieve Business Results.
- Monitoring
and Measuring Business Performance.
Day 4:
Strategic Planning Best Practice Whilst Avoiding the Pitfalls
- The
Strategy Lifecycle and the Problem of Strategic Drift.
- Getting
Innovative thinking into the Organization.
- The
Potentially Negative Dimensions of Success.
- How to
Avoid 'Paralysis by Analysis'?
- Overcoming
inability to evaluate fresh ideas, denying the truth and thinking inside
the box.
- The
Critical Importance of Good Planning Team Dynamics.
Day 5:
Personal Strategic Planning
- Applying
Strategic Tools and Techniques to the Individual.
- Personal
Goal Setting, Creating a Personal Strategic Plan.
- Implementing
Change - Achieving Progress as a Strategic Manager.
- The Mix
of Competencies and Personal Skills required in 21st Century Business.
- Executing
Strategy - How to break it down and get it done?
- Developing
Inspiration and Gathering Support.
- Overcoming
Adversity by Leveraging your Skills and Building on Success.
- Conclusion -
A Personal Role in the Strategic Planning and Goal Setting Processes.
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