Simplified strategy development and implementation learning objectives
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This document outlines learning objectives and outcomes for developing, executing, and monitoring business strategy. It includes tools and templates to help with revising vision, mission, and values, conducting industry and market analysis using Porter's Five Forces and PESTLE/PESTLE analysis, assessing impact through SWOT analysis and positioning statements, designing business models with a Business Model Canvas, developing strategy using a Balance Scorecard, executing strategy using director's files, and monitoring strategy through scheduled timelines, deadlines, and performance evaluations. The goal is to provide structure and guidance to strategic planning processes.
Simplified strategy development and implementation learning objectives
- 1. Simplified Strategy Workbook © GAD Consulting Services Inc. 7 4. Learning Objectives and Outcomes Develop, execute and monitor business strategy, including functional strategies. Learning outcomes Tools /Templates Expected Action Plans 1. Revise/ Develop Vision, Mission, Core Values and Culture Vision, Mission and Core Values Worksheets Values Library over 230 core values. Work on VMC Tool - core values Keep 5 core values Use core values to create code of conduct and customer service statement 2. Conduct industry and market analysis Porter’s Five Forces Complete the worksheet 3. Identify key factors that drive your external environment PESTEL/PESTLE or PESTLE use questions Answer questions on the worksheet aim to identify trends, special conditions, and implications to the market. 4. Assess impact of key factors SWOT analysis and position statement Complete SWOT analysis updates company profile, website, and positioning statement 5. Design or Review business model Business Model Canvas Complete the business canvas worksheet 6. Business Strategy a) Develop strategy Balance Score Card 1 Page strategy goals with balance score card align to structure 140 KPIs for all perspectives. Align goals to 4 perspectives, as per BSC. Complete 1 page strategy and goals with targets set Complete quarterly and monthly planners for the year. c) Execute strategy Director’s File Templates to execute strategy and projects or initiatives Quarterly and Monthly planners including project planners Set time to execute strategic initiatives and projects. Review and evaluate monthly/weekly monitoring progress. d) Monitor Strategy Schedule timelines and deadlines for delivery. Prepare and attend plan for performance evaluation, including the team with Accountability or Advisory Board