Strategic Planning

Robert Borys
 Objectives
• Objectives:
– The importance of strategic planning
– Steps involved in developing a strategic plan
– Staying Competitive

• Standard: complete included questions to

assess your transfer of training.
 Ice Breaker
• Introduce yourself
• If you had a time machine that would work
only once, where in the future or past would
you travel and why?
• Introduction
• Begin lesson
• Discuss A Great Change Leader
• Break
• End of lesson
• Refresh
• Questions
 What is Strategic Planning?
• Strategic planning is an organization's process of defining
its strategy, or direction, and making decisions on
allocating its resources to pursue this strategy.

• What do want to do?

• How do we best excel?

• Where do we want the company to be?

 Step One
• Gather all facts

• When making decisions it is always best to have the maximum

amount of information available.

• SWOT Analysis

• Gather inputs from stakeholders, company performance analysis of

the your organization

• internal and external limitations

• social and economic trends .

• Among the most useful tools for strategic
planning is SWOT analysis internal and
external of the organization.

• Strengths
• Weaknesses
• Opportunities
• Threats
 The 4 Key Elements
• Vision

• Mission

• Values

• Strategy
 Sell your vision

• Why is it important to make sure other

individuals understand the purpose and future
gains of the strategic change.
 Organization Action Strategy
• Change may be outline by few but cannot be
achieved without working together as a whole

• Develop clearly written objectives for each

department to implement.

• The objectives listed must be reviewed by upper

management adjusted if needed and then
finalized before the documents are sent to each
department.
Great Change Leader
Jobs cont.
 Break

• Reflect on what we have learned so far and

take 45 minutes for yourselves and then we
will continue our lesson.
 How long should your goals take to
reach?
• A strategic planning process usually takes
anywhere from 1 month to three months to
complete.

• Long term objectives.

• Short term goals and mile
stones
• 90 day double check
 Benchmarking
• Benchmarking is used when setting standards
and goals for your organization.

• Why Benchmark?
• Those who fail to plan, plan to
fail.
 The US Post office
• Where were they 30 years ago?

15 years ago?

5 years ago?

Today?
Review of The
 Questions
• What is strategic planning?

• Why is others understanding the vision so

important?

• How can the bank best utilize the information

presented today.

• What are some of the external environmental

factors that can currently be effecting the bank?
 References
• Jason, F. (2011). entrepreneur.com. Retrieved from
http://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 from

http://en.wikipedia.org/wiki/Strategic_planning

• Kosar, K. (Febr). Retrieved from Congressional Research Service website:

http://www.fas.org/sgp/crs/misc/R41024.pdf