Strategic Thinking and Planning
Course Schedule
Strategic Thinking and Planning
- Define the strategic planning and control process and its main components.
- Apply strategic thinking.
- Develop organizational and departmental strategies.
- Use the strategy of the organization to determine Key Performance Indicators (KPIs).
- Utilize KPIs to draft an organizational balanced scorecard.
- Convert a strategic plan to an operating plan.
Introduction and Overview
- Definitions and Origins of Strategic Management
- Strategic Thinking versus Strategic Planning
- History of Strategic Management Systems
- Successes and Failures
- The Strategic Planning and Control Process
Analysis of the Environment
- The SWOT Analysis
- Information and Research
- Use of PEDSTL in Environmental Analysis
- Case Analysis ? SWOT Session
Vision and Mission Statements
- Why Vision and Mission Statements
- What is a Vision? What is a Mission?
- Benefits of Statements
- How Vision and Mission Statements are Formulated
- A Checklist for a Complete Mission Statement
- Strategic Goals and Critical Success Factors
- Analysis and Critique of Samples of Vision and Mission Statements
SMART Objectives and Creative Strategies
- Goals, Objectives and Targets
- Financial versus Non-Financial Objectives
- The Use of Key Result Areas
- Adopting Effective Strategies
- Value Innovation and Blue Ocean Strategies
- Departmental Strategies
- 9 Ways to Kill a Strategy Developing Operating Plans
- From Vision to Action Plan
- The How-How Technique to Develop Plans
- Criteria of Effective Action Plans
- Linking Goals, Strategies, Action Plans and Budgets
- Departmental Plans
Developing Control Systems and Performance Measures
- Approaches to Control
- Using Key Result Areas (KRAs)to Create Key Performance Indicators (KPIs)
- KRAs and KPIs Examples
- Setting Targets
- The Balanced Scorecard
- Overcoming Barriers to the Implementation of the Strategy
All managers and staff who are involved in influencing, formulating or supporting the long term planning and strategy of their department and/or organization, as well as those who are responsible for linking, measuring and improving the performance of others.
This program is worth 25 NASBA CPEs.
Sub Code | MS032 |
Start Date | Sun,Jan,16,2022 |
End Date | Thu,Jan,20,2022 |
Duration | 5 Days |
Fee(US$) | 3750 |
Location | Dubai |
Reminder |