Lead strategic planning process for an organisation

BSBSTR802 Hawthorn, Online

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

Aims and objectives

The course aims at consolidating leaders knowledge of business strategy design and providing a well-rounded understanding of the alignment of strategic and operational planning processes. Strategic planning is discussed as a value creation process where a traditional planning process is enriched with innovative approaches. Participants are engaged in practical activities and are introduced to a set of tools they can apply in the workplace. Participants engage in practical activities and interactive discussions of current business challenges.
 
Upon completion of this unit, participants will be able to:
  • Set a strategic direction for the organisation aligned with the organisational capabilities
  • Conduct context analysis with the purpose of making sustainable strategic decisions
  • Determine parameters and develop strategic planning process
  • Apply innovative strategic planning approaches and tools to identify new opportunities
  • Develop a strategy map
  • Identify gaps for improvement in direction of strategic plan
  • Determine success indicators to facilitate implementation of strategic plan
  • Facilitate strategic conversations and present recommendations to key stakeholders
  • Monitor progress in the implementation of the long-term strategic plan
 
The unit covers:
  • Skills and knowledge required to lead the development of high-level strategic plans
  • Strategic tools to determine internal capabilities and align them with strategic opportunities
  • Assessment of megatrends that impact the organisation’s strategy and operations
  • Strategic approaches that create value and are critical to the organisation’s success
  • Identification of barriers to organisational goals and how to overcome them
  • Stakeholder collaboration in developing and implementing strategic plans
  • Development of organisational goals, priorities and strategy maps
  • Development of operational plans to facilitate implementation of long-term strategies
  • Planning of resource development to execute strategic plans and achieve goals
  • Development of knowledge management systems to capture and monitor progress