Strategic Planning Demonstration Class Lecture

Strategic Planning

Key Points

Describe Strategic Planning

Advantages of Strategic Planning

Strategic Planning Model

Operational Excellence

Avoiding pitfalls in Strategic Planning

Conclusion

PLANNING

Key strategic themes that will inform decision

making

Strategic Intentions

What the business

might need to do for 10- 20 years

Future Thinking

ADVANTAGES

Strategic Planning Model

Build a mechanism for informed change when needed

Measure progress

Focus on key priorities

Communicate the goals and objectives to personnel

Establish realistic goals and objectives consistent with its mission

Define (Company /Organization’s Mission)

6 Ring-MODEL

PITFALLS

Specific

Measurable

Acceptable

RealisticTimeframe

Extending

Rewarding

Conclusion

Planning

Open lines of communication

Question and improve

Transparency

Constructive feedback