2. Objectives Objectives: The importance of strategic planning
Steps involved in developing a strategic plan Staying Competitive
Standard: complete included questions toassess your transfer of
training. 3. Ice Breaker Introduce yourself If you had a time
machine that would workonly once, where in the future or past
wouldyou 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 organizations
process of definingits strategy, or direction, and making decisions
onallocating 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 maximumamount of information available. SWOT Analysis
Gather inputs from stakeholders, company performance analysis ofthe
your organization internal and external limitations social and
economic trends . 7. Among the most useful tools for
strategicplanning is SWOT analysis internal andexternal 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 otherindividuals understand the
purpose and futuregains of the strategic change. 10. Organization
Action Strategy Change may be outline by few but cannot beachieved
without working together as a whole Develop clearly written
objectives for eachdepartment to implement. The objectives listed
must be reviewed by uppermanagement adjusted if needed and
thenfinalized before the documents are sent to eachdepartment. 11.
Great Change Leader 12. Jobs cont. 13. Break Reflect on what we
have learned so far andtake 45 minutes for yourselves and then
wewill continue our lesson. 14. How long should your goals take
toreach? A strategic planning process usually takesanywhere from 1
month to three months tocomplete. Long term objectives. Short term
goals and milestones 90 day double check 15. Benchmarking
Benchmarking is used when setting standardsand goals for your
organization. Why Benchmark? 16. Those who fail to plan, plan
tofail. 17. The US Post office Where were they 30 years ago?15
years ago?5 years ago?Today? 18. Review of The 19. Questions What
is strategic planning? Why is others understanding the vision
soimportant? How can the bank best utilize the informationpresented
today. What are some of the external environmentalfactors that can
currently be effecting the bank? 20. References Jason, F. (2011).
entrepreneur.com. Retrieved
fromhttp://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
fromhttp://en.wikipedia.org/wiki/Strategic_planning Kosar, K.
(Febr). Retrieved from Congressional Research Service
website:http://www.fas.org/sgp/crs/misc/R41024.pdf
