DO-IT-YOURSELF: STRATEGIC PLANNING PROCESS
that delivers Context, Risks & Opportunities, Strategies, and Action
COURSE OBJECTIVES
At the end of the session, the participants will be able to learn and experience a proven effective
way of setting strategic directions for one’s organization
COURSE OUTLINE:
INTRODUCTION TO STRATEGIC PLANNING
• Strategic Planning and Innovation
• Disruptive Innovation
• Revisiting the Mission-Vision-Values
• Context of the Organization (COTO) and its importance
• The Industry Outlook
DETERMINING THE COTO
• Environmental Scan: STEEP-LC
• Michael Porter’s 5 Driving Forces
• Mckinsey’s 7S Framework
• Workshop: COTO
RISKS AND OPPORTUNITIES
• Identification of Risks and Opportunities
• Prioritization of Risks and Opportunities
• Workshop: Risk and Opportunities
STRATEGY SETTING AND ACTION PLANNING
• Selection of the right strategies
• Workshop: application to own organization
• Presentation of selected teams
EXPECTED WORKSHOP OUTPUT
• External & Internal factors in the COTO (Context of the Organization)
• Risks & Opportunities Registers
• Strategies
• Action Plans including datelines and responsible persons
TOOLS AND TECHNIQUES TO BE USED
• STEEP-LC Analysis (Sociological, Technological, Economic, Ecological, Political, Legal
Factors Analysis)
• Michael Porter’s Five Driving Forces that make up the competitive environment
• McKinsey’s 7S framework (Aspects of the organization that needs to be aligned for
success)
COURSE METHODOLOGY
• Lecture
• Exercise
• Workshops
DESIRED PARTICIPANTS
Top Management, Department Heads who are tasked with Strategic planning