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Iconic Training Solutions Sdn Bhd
Iconic Training Solutions Sdn Bhd 201701003651 (1217801-A)
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10-Nov-2022

Strategic Plan Formulation For Business Success

Duration: 2 Days

Workshop Objectives

  • Understand the external internal environment
  • Assess the Organizational Health
  • Diagnose the Desirability, Feasibility, Viability
  • Develop the 4D Strategic Framework
  • Craft strategies that are practical and powerful
  • Define and design plans and programs for strategy realization
  • Test plans for strategic alignment
  • Inculcate the right culture and dynamics to support strategy realization
  • Crafting a strategic pathway forward
  • Develop goals and success measures

Key Content

Module 1: Setting The Context For Strategic Planning - Diagnostics & Internal External Analysis

  • Organizational health check - people, process, customer, business diagnosis
  • Assessing DFV - desirability, feasibility, viability
  • Critical business issues identification
  • Leadership & culture assessment
  • Challenging assumptions framework
  • Eliminating limiting beliefs and embrace empowering ones as the mindset to approach the workshop through strong collaboration
  • Thinking styles assessment for business growth
  • What we want / what we don't want
  • Conduct internal external analysis
    • SWOT, SOAR & CHIPS analysis
    • Competitor analysis and competitive analysis
    • Industry and market analysis
  • Identify key issues and gaps
  • Frame strategic framework

Module 2: Clarifying And Crafting Strategic Framework

  • Revisit vision, mission and values
  • What is our drawing force - business concept
  • What is our driving force - core capability
  • What to offer - core value proposition
  • How to win - success factors - people, process, customer, business
  • Clarify business positioning concept
  • Develop strategic success factors

Module 3: Revisiting & Clarifying Unique Value Proposition & Market Contributions For Growth

  • Presentation
  • Getting clarity, breadth and depth
  • Challenge assumptions and cross sharing presentation, sharing & critique
  • Prioritizing issues, output, outcomes and ownership

Module 4: Strategic Action Planning - From Success Factors To Tactical Strategies, Plans And Success Indicators

  • Distilling and converging the new ideas, tactics, actions and initiatives into a new level strategic action plan with new perspectives, possibilities and performance
  • Strategy cascading system from the winning aspiration to critical success factors, success measures, tactical strategies, actions and initiatives in a coherent framework with supporting charts and data using story boards and visual thinking process
  • ICEO - involvement, commitment, empowerment
  • Determine key initiatives
  • Using a matrix strategic action planning framework with a new level winning aspiration - into structured and systematic steps with metrics and milestones
  • Strategic business action planning

Module 5: Walking Through Plans Through Business Model And Process Capability Analysis

  • Performance analysis
  • Business model analysis
  • Clarify & redefine channels
  • Review & redefine customer relationships
  • Review & redefine key activities & key partners & synergies
  • Leveraging key resources
  • Existing & new income & revenue streams
  • Clarify the markets, ''jobs to be done'' and new value proposition offerings
  • Conduct competitor analysis and craft new incisive value propositions
  • Strategy canvass
  • Prework for review

Module 6: Cross Functional Integration Setting

  • Cross functional integration across departments to ensure integrity of strategic business action plan
  • Internal service level agreements setting across departments to clarify, confront and connect the disconnects
  • Dimensions of QCDSSS - quality, cost, service, deliver (timeliness), service, security, safety
  • Milestone chart with priorities, accountabilities & success indicators and feedback progress checkpoints

Module 7: Summary Action Plan, Detailed Action Plan, Checkpoints And Milestones

  • Check for understanding
  • Securing commitment
  • Agreeing on priorities, commitments and ownership
  • The way forward
  • Closing and summary
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Iconic Training Solutions Sdn Bhd 201701003651 (1217801-A)
Suite 2.01 (A), Level 2, Block B, Dataran Hamodal, No. 4, Jalan Bersatu 13/4, Section 13, 46200 Petaling Jaya, Selangor, Malaysia.

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