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Strategic Planning



      Robert Borys
Objectives
• Objectives:
  – The importance of strategic planning
  – Steps involved in developing a strategic plan
  – Staying Competitive


• Standard: complete included questions to
  assess your transfer of training.
Ice Breaker
• Introduce yourself
• If you had a time machine that would work
  only once, where in the future or past would
  you travel and why?
•   Introduction
•   Begin lesson
•   Discuss A Great Change Leader
•   Break
•   End of lesson
•   Refresh
•   Questions
What is Strategic Planning?
• Strategic planning is an organization's process of defining
  its strategy, or direction, and making decisions on
  allocating its resources to pursue this strategy.

• What do want to do?

• How do we best excel?

• Where do we want the company to be?
Step One
• Gather all facts

• When making decisions it is always best to have the maximum
  amount of information available.

• SWOT Analysis

• Gather inputs from stakeholders, company performance analysis of
  the your organization

• internal and external limitations

• social and economic trends .
• Among the most useful tools for strategic
  planning is SWOT analysis internal and
  external of the organization.

•   Strengths
•   Weaknesses
•   Opportunities
•   Threats
The 4 Key Elements
•   Vision

•   Mission

•   Values

•   Strategy
Sell your vision

• Why is it important to make sure other
  individuals understand the purpose and future
  gains of the strategic change.
Organization Action Strategy
• Change may be outline by few but cannot be
  achieved without working together as a whole

• Develop clearly written objectives for each
  department to implement.

• The objectives listed must be reviewed by upper
  management adjusted if needed and then
  finalized before the documents are sent to each
  department.
Great Change Leader
Jobs cont.
Break

• Reflect on what we have learned so far and
  take 45 minutes for yourselves and then we
  will continue our lesson.
How long should your goals take to
              reach?
• A strategic planning process usually takes
  anywhere from 1 month to three months to
  complete.

• Long term objectives.
• Short term goals and mile
stones
• 90 day double check
Benchmarking
• Benchmarking is used when setting standards
  and goals for your organization.

• Why Benchmark?
• Those who fail to plan, plan to
  fail.
The US Post office
• Where were they 30 years ago?

15 years ago?

5 years ago?

Today?
Review of The
Questions
• What is strategic planning?

• Why is others understanding the vision so
  important?

• How can the bank best utilize the information
  presented today.

• What are some of the external environmental
  factors that can currently be effecting the bank?
References
•   Jason, F. (2011). entrepreneur.com. Retrieved from
    http://www.entrepreneur.com/article/197538

•   Patrick, N. (n.d.). Manager-net. Retrieved from http://www.managers-
    net.com/benchmarking.html

•   Phillip, M. (2011, 07 03). Retrieved from http://www.free-press-release.com/news-fullproof-
    strategic-planning-process-for-new-or-growing-businesses-1299504075.html

•   Strategic planning. (2012, March 09). Retrieved from
    http://en.wikipedia.org/wiki/Strategic_planning

•   Kosar, K. (Febr). Retrieved from Congressional Research Service website:
    http://www.fas.org/sgp/crs/misc/R41024.pdf

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Strategic planning powerpoint

  • 1. Strategic Planning Robert Borys
  • 2. Objectives • Objectives: – The importance of strategic planning – Steps involved in developing a strategic plan – Staying Competitive • Standard: complete included questions to assess your transfer of training.
  • 3. Ice Breaker • Introduce yourself • If you had a time machine that would work only once, where in the future or past would you travel and why?
  • 4. Introduction • Begin lesson • Discuss A Great Change Leader • Break • End of lesson • Refresh • Questions
  • 5. What is Strategic Planning? • Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. • What do want to do? • How do we best excel? • Where do we want the company to be?
  • 6. Step One • Gather all facts • When making decisions it is always best to have the maximum amount of information available. • SWOT Analysis • Gather inputs from stakeholders, company performance analysis of the your organization • internal and external limitations • social and economic trends .
  • 7. • Among the most useful tools for strategic planning is SWOT analysis internal and external of the organization. • Strengths • Weaknesses • Opportunities • Threats
  • 8. The 4 Key Elements • Vision • Mission • Values • Strategy
  • 9. Sell your vision • Why is it important to make sure other individuals understand the purpose and future gains of the strategic change.
  • 10. Organization Action Strategy • Change may be outline by few but cannot be achieved without working together as a whole • Develop clearly written objectives for each department to implement. • The objectives listed must be reviewed by upper management adjusted if needed and then finalized before the documents are sent to each department.
  • 13. Break • Reflect on what we have learned so far and take 45 minutes for yourselves and then we will continue our lesson.
  • 14. How long should your goals take to reach? • A strategic planning process usually takes anywhere from 1 month to three months to complete. • Long term objectives. • Short term goals and mile stones • 90 day double check
  • 15. Benchmarking • Benchmarking is used when setting standards and goals for your organization. • Why Benchmark?
  • 16. • Those who fail to plan, plan to fail.
  • 17. The US Post office • Where were they 30 years ago? 15 years ago? 5 years ago? Today?
  • 19. Questions • What is strategic planning? • Why is others understanding the vision so important? • How can the bank best utilize the information presented today. • What are some of the external environmental factors that can currently be effecting the bank?
  • 20. References • Jason, F. (2011). entrepreneur.com. Retrieved from http://www.entrepreneur.com/article/197538 • Patrick, N. (n.d.). Manager-net. Retrieved from http://www.managers- net.com/benchmarking.html • Phillip, M. (2011, 07 03). Retrieved from http://www.free-press-release.com/news-fullproof- strategic-planning-process-for-new-or-growing-businesses-1299504075.html • Strategic planning. (2012, March 09). Retrieved from http://en.wikipedia.org/wiki/Strategic_planning • Kosar, K. (Febr). Retrieved from Congressional Research Service website: http://www.fas.org/sgp/crs/misc/R41024.pdf