Creating an Effective Business Plan - CPD certified
New York
New York
10007
United States
What You Will Learn :
- Individual and group feedback on the strategy outcomes and implications
- Develop a strategic vision
- Evaluate and adapt your business plan
- Explain good business panning
Description
The aim of this program is to provide delegates with the strategic tools required to manage the business into the future through effective thought processes and practical planning techniques. Delegates will leave with the ability to turn their vision and ideas into an achievable business strategy, which will drive the company’s future success in the medium and long term. Although each delegate is responsible for driving their team to meet their goals the business strategy is the roadmap they must first develop if they have any chance of success. Practical in style, delegates will be required to develop a ‘live’ business strategy as part of the program.
The importance of business strategy
The six stages of business strategy
- Stage 1 – Analysis
- Stage 2 – Objectives
- Stage 3 – Strategy
- Stage 4 – Tactics
- Stage 5 – Checks
- Stage 6 – Evaluation
Types of business strategy
- Competitive Strategies
- Cost Leadership Strategies
- Differentiation Strategies
- Development Strategies
Selecting a business strategy model for your business
Practical application of strategic models
Business strategy simulation exercise
- Modelled exercise to check understanding
Practical case study exercise
- Evaluating the current business strategy
- Constructing your business strategy
Presenting your business strategy
- Hints and tips on presentation skills
Evaluating your business strategy
- Evaluating consequences
- Predicting outcomes and success / failure scenarios
- Individual and group feedback on the strategy outcomes and implications
Who is this course for?
All managers who are responsible for writing or contributing to a strategic business for their organisation.