Strategic Thinking and Planning
This program is designed for 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 CPE?s.
Define the strategic planning and control process and its main components.
Understand and apply strategic thinking.
Develop organizational and departmental strategies.
Use the organization?s strategy to determine Key Performance Indicators KPIs.
Use KPIs to draft an organizational balanced scorecard.
Convert a strategic plan to an operating plan.
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Introduction and Overview
Definitions and Origins of Strategic Management
Benefits of Strategic Management
The Strategic Planning Model
Strategic Thinking
SWOT Analysis
Formulation of Vision and Mission Statements
How Vision and Mission Statements Are Formulated
Using Visions and Missions to Decide on Strategic Alternatives
Developing Performance Measures and Control Systems
Key Result Areas KRAs and Key Performance Indicators KPIs
The Balanced Scorecard
The Four Scorecard Perspectives
Setting Goals
Goals and Targets
The Use of KRAs and KPIs in Setting Targets
Operating Plans
Converting Strategies to Operating Plans
The How-How Technique for Linking Goals, Strategies, Action Plans and Budgets
