Location

Productivity and Quality Institute - Alexandria

Objectives

• This course will provide you with the skills for developing a clear understanding of your organization's current and desired state, its operations and market position. Learn how to develop a mission and vision statement for your company, after gathering the information that influences your business, from operational data to assessing internal and external factors

Outcomes

• Define strategic management, strategic planning & strategy•Describe the strategic management process•Describe the impact of environmental analysis on strategy formulation•Describe strategy formulation tools (critical question analysis, SWOT analysis, business portfolio analysis & industry analysis)

Course Contents

Preparing for the Strategic Planning Process• Set the Parameters for the Strategic Planning Process• Set the Parameters• Strategic Planning Committee• How to Gather Operational DataInitiating the Strategic Planning Process• Develop a Mission Statement• Develop a Vision Statement• How to Develop a Vision Statement• Assess Internal and External Environments• Environmental Scan• How to Assess Internal/External Environments• Performing SWOT AnalysisDeveloping the Strategic Plan• Prioritize What the Strategic Plan Will Address• Set Goals and Objectives• SMART Goals• Hierarchy of Objectives• Develop Strategy for Achieving Goals• Draft the Strategic Plan• Executive SummaryExecuting the Plan• Assign Responsibility and Authority• Accountability• Strategic Alignment• How to Assign Responsibility and Authority?• Establish a Monitoring System