Strategic planning enables an organization to shape and guide its overall business objectives. Through effective strategic planning, an organization creates a framework for developing, adapting and aligning organizational vision, mission and goals to achieve and sustain competitive advantage.

You Will Learn How To

• Formulate strategic plans to help your organization advance and grow
• Detect the strengths, weaknesses, opportunities and threats (SWOT) for assessing your current position
• Identify strategies to better position your organization for long-term competitive advantage
• Translate strategy into action
• Execute strategy and deliver results through people and processes
• Establish strategic planning, monitoring and controlling mechanisms that ensure positive results

Deliverables

• Determining mission, vision and core competencies
• Identifying opportunities and threats as inputs to SWOT analysis
• Utilizing value chain analysis to assess your internal strengths and weaknesses
• Formulating an effective strategy for competitive advantage
• Conducting a gap analysis between current and needed organization characteristics
• Crafting an action plan to implement strategy
• Designing dashboard metrics to monitor progress

Course Outline

Fundamentals of Strategic Planning

• The need for strategic planning
• Defining components of a strategic plan
• Addressing your organization's mission and vision

Detecting Opportunities and Threats

• Operating in micro and macro environments
• Assessing external forces

Recognizing Strengths and Weaknesses

• Applying a resource-based view analysis
• Auditing internal capabilities

Identifying Strategic Options

• Evaluating factors for choosing strategy
• Selecting appropriate strategic models

Formulating Your Strategic Plan

• Assessing the feasibility of alternatives
• Conducting gap analysis
• Linking strategy to actions

Executing Your Strategy for Success

• Establishing effective communication mechanisms
• Maximizing results with applied processes

Monitoring and Controlling Implementation

• Establishing Key Performance Indicators (KPIs)
• Dimensions of strategic control

COURSE TRAINER

Mr. N.M. Thangaraj
Associate Trainer

Thangaraj is a Senior Consultant specializing in organizational Development and Industrial Relations.  Academically, he holds a Bachelor of Science (Resource Economics), Master of Science and Advanced Professional Diploma in Management. He is currently embarking on a doctorate program at a local university. Thangaraj also attended a stint in Management at the renowned Sunridge Park Management Centre in the United Kingdom in 1994.  In 1999, he was awarded the coveted “Best Overall Performance” certificate in the AISP examinations conducted by the ISP.

Vastly experienced as a trainer, Thangaraj has conducted numerous training sessions for personnel in the senior management and supervisory categories in the area of Leadership and Supervisory Competencies.