Strategic Planning in Practice

Course review:

This training course has been created for investors, business owners, directors, managers, executives and analysts who need to develop strategic planning skills. This course focuses on strategic planning for technology-based businesses. The main emphasis is corporate and investment strategy using current real-world examples.

Each course member will have the opportunity to create a strategic plan and learn how to implement it in practice.

The course trainer is NobleProg's main investor. He is the founder of several successful high-tech businesses including ISPs and software producers. He is also an investor in the stock exchange and in real estate.

Strategic Planning Overview

• Strategic planning - why, when and what for?
• When is strategic planning not desirable?

Strategic Analysis
Strategic Planning Levels

• Corporate Strategy
• SBU/Business and Division Strategy
• Operational Strategy

Creating the Strategic Plan
Vision

• Mission
• Values and behaviours
• Goals, tasks and responsibilities

Methodologies

• Creating tasks using the SMART framework

Using UML in Strategic Planning

• Using abstraction to distinguish between planning and implementation
• Using activity diagrams to clarify relationships between goals

Strategy Implementation

• Information systems
• Assigning tasks
• Employee motivation

Strategic planning as an On-going Process

• Who should be responsible for strategic improvements?

The Importance of Simplicity

• KISS - Keep It Simple Stupid