Strategic Business Planning

 One-Day Programme for Managers involved in Planning and Budgeting

 

Introduction

  • The business cycle
  • Financial reporting
  • Reporting standards and accounting principles

The planning process

  • Questions to ask
  • Steps to take

The business plan

  • Elements of a business plan
  • Mission statement
  • Objectives
  • SWOT analysis
  • Pareto
  • Assumptions
  • Gap analysis
  • Sensitivity analysis

Business strategies

  • The Anshoff matrix
  • The Porter model
  • Profit related strategies
  • Strategy implementation
  • Strategy evaluation
  • Resources

Risk

  • Assessment
  • Management

Conclusion

 

AIMS AND OBJECTIVES

This programme aims to ensure that the participants on the programme will:

  • Understand the importance of planning
  • Understand the need to forecast at all levels
  • Understand the importance financial planning to financial success
  • Understand why companies budget
  • Have confidence to question their own financial statements forecasts and budgets
  • Be motivated to improve their organisation’s financial performance