Business Strategic Planning Process

BUSINESS POLICIES

INTRODUCTION

COURSE CONTENT

1. TOPIC ONE:OVERVIEW OF THE COURSE
2. TOPIC TWO:STAGES IN STRATEGY DEVELOPMET PROCESS
3. TOPIC THREE:ENVIRONMENT SCANNING PROCESS
4. TOPIC FOUR:SETTING VISION MISSION AND OBJECTIVES
5. TOPIC FIVE:FORMULATION PROCESS
6. TOPIC SIX: CHOICE OF STRATEGIES
7. TOPIC SEVEN:IMPLEMENTATION PROCESS
8. TOPIC EIGHT:EVALUATION OF STRATEGIES
9. TOPIC NINE: SOCIAL RESPONSIBILITY IN STRATEGIC PLANNING

This section deals with the scope of strategic planning process, deals with the strategic framework, the trends that are likely to influence the strategic planning process.Strategy is defined as a long term plan of action that deals with the following

• market position of the business
• business size of the business
• Business destiny.

Strategic planning process entails the process that helps to get the necessary actions that can help the business' future survival.

1. TOPIC TWO:STAGES IN STRATEGY DEVELOPMENT PROCESS

The following steps are involved

• Environment scanning
• setting vision mission and objectives of the organization.
• formulation process.
• Choice of strategies
• Implementation of strategies
• evaluation of strategies.
• Social responsibility

TOPIC THREE:ENVIRONMENT SCANNING PROCESS

This topic deals with the environment or the context within which strategies are formulated and implemented. There are different categories of environment which may have different impact on the business strategies. Two broad categories include controllable and non-controllable environment. this categorization is based on whether the strategic managers can change the factors in this environment or not. Environment

TOPIC FOUR:SETTING VISION MISSION AND OBJECTIVES

1. 1. SUB-TOPIC 1
   2. SUB-TOPIC 2
   3. SUB-TOPIC 3
   4. SUB-TOPIC 4

TOPIC FIVE:FORMULATION PROCESS

1. 1. SUB-TOPIC 1
   2. SUB-TOPIC 2
   3. SUB-TOPIC 3
   4. SUB-TOPIC 4

TOPIC SIX:CHOICE OF STRATEGIES

1. 1. SUB-TOPIC 1

this section deals with the factors to consider when making a choice of the most appropriate strategies to be implemented.

1. SUB-TOPIC 2

This section deals with the tools used when making a choice.

1. SUB-TOPIC 3

This section deals with the limitations of the tools used in the selection process.

1. SUB-TOPIC 4

This section deals with the challenges encountered in the choice process.

TOPIC SEVEN:IMPLEMENTATION PROCESS

• SUB-TOPIC 1

This section with the factors that are likely to influence the implementation process.

• SUB-TOPIC 2

This section deals with the elements of implementation

• SUB-TOPIC 3

This section deals with the tools used in resource allocation and respective challenges.

TOPIC EIGHT: EVALUATION OF STRATEGIES

1. 1. SUB-TOPIC 1

Deals with the types of evaluation undertaken.