|
|
 |
|
All management training
course participants will receive a FREE online license to the HRD management and elearning system described on www.hrdonline.co.uk for a period of 3 months. |
|
|
 |
|
|
Learning objectives embrace 6 key areas as itemised below:
| 1) Why plan Business? |
- The origins and development of the practice of business planning
- Important thinkers including Andrews, Ansoff, Mintzberg, Porter, Hamel and Prahalad
- Key features of effective, current business planning processes
- The necessity of business planning
- The influence of context over business planning processes and outputs
- Definitions of learned and emergent business strategies
|
| 2) Effective Business Planning |
- The benefits of participative business planning
- Key roles and responsibilities in business planning
- Contributions that can be made by customers, suppliers, distributors and investors
- Distinctions and cross-over between strategic, tactical and operational levels of planning
- The Hoshin model for strategic and business planning
- Ten key characteristics of effective planning for business.
|
| 3) Analaysis |
- Techniques for analyzing internal organization, capacity and capability, including value chain analysis and core competence assessment
- Techniques for analyzing the external environment, including PESTEL, industry analysis, competitive assessment and market segmentation
|
| 4) Strategy |
- Key components of a strategic plan
- Clarifying the organisation’s purpose
- Defining strategic intent
- Generic organization strategies, including cost leadership, differentiation, alliance and diversification
- Establish corporate vision and value statements
- Identifying critical issues, critical success factors and key performance indicators
- Techniques for setting effective objectives
- The purpose and practice of action planning
|
| 5) Planning Resources |
- Recent trends in the way organizations analyse and plan their resources
- Generic strategies for resource management, including:Conveying, borrowing, balancing, blending and recycling
- Human resource planning; techniques for planning capacity and capability
- Financial planning tools, including: profit and loss statements, budget statements, balance sheets, cash flow forecasts, ratio application, financial assumptions and break-even analysis
- Techniques for budgeting and forecasting
- Budget negotiation
- Intangible resources: identifying and maximizing non-physical assets
|
| 6) Implementing and Reviewing the Plan |
- Cascading the business plan: pitfalls and best practice
- Basing team level and individual level performance management on the business plan
- Common problems with performance review
- Effective approaches to monitoring and review
|
|
|
|
|
