By the end of this programme, participants will be able to:
- Create and implement a tailored business planning process that aligns with their organization’s needs.
- Gather and organize the necessary resources and data to develop a comprehensive business plan.
- Evaluate the business environment to craft a strategic plan that achieves the organization’s vision.
- Finalize and present a clear business plan to relevant stakeholders.
- Lead and oversee the execution of the business plan using a structured PRINCE2 framework.
DAY 1
Foundations of Business Planning
- Introduction to Business Planning
- Understanding the role of business planning in achieving organizational success
- Key components of an effective business plan
Designing a Tailored Business Planning Process
- Identifying organizational needs and objectives
- Creating a customized planning framework
Gathering Resources and Data
- Techniques for collecting relevant business data
- Identifying and mobilizing key resources
- Practical Exercise: Drafting an initial business planning framework for your organization
DAY 2
Analyzing the Business Environment
- Environmental Analysis Techniques
- Conducting SWOT and PESTLE analyses to assess internal and external factors
- Understanding market trends and competitive landscapes
Aligning Plans with Business Vision
- Defining and refining the organization’s vision
- Linking strategic objectives to actionable plans
Stakeholder Engagement
- Identifying key stakeholders and their roles
- Strategies for effective stakeholder communication
- Group Activity: Performing a sample environmental analysis and aligning it with a business vision
DAY 3
Finalising and Executing the Business Plan
Finalising the Business Plan
- Structuring a clear and concise business plan document
- Incorporating feedback and refining key elements
Communicating the Plan
- Techniques for presenting the plan to stakeholders
- Addressing stakeholder concerns and building buy-in
Managing Plan Delivery with PRINCE2
- Overview of PRINCE2 principles for program management
- Setting up milestones, monitoring progress, and managing risks
