Strategic Business Planning - Toolkit

Strategic business planning is a disciplined and pragmatic approach that organisations can use to make decisions now about the future. It enables them to make more informed choices and decisions, set future directions, establish priorities, allocate limited resources, improve operations and monitor results.This toolkit assists financial organisations:

1. Review/develop their Mission, Values and Vision statements
2. Develop a strategy on the basis of market, competition, institution and macro-environment analyses.

This strategy outlines the financial institution's market and scope, its strategy towards the competition, and how it will develop and maintain a competitive advantage in the market place.Having a strategy is one thing - implementing it another. The toolkit assists participants develop a business planning framework that clearly lays out the:

1. Key Objectives (the issues that are critical to the successful implementation of the strategy)
2. Goals (that must be meet to realise the key objectives)
3. Measures/Targets (the financial and non-financial indicators that will be tracked to assess progress towards achieving the goals) and
4. Activities (or projects that will be implemented to achieve the goals)

This analysis then allows the institution to develop its strategic business plan in a participatory manner thus:

• Getting inputs/insights from all levels
• Building buy-in/understanding at all levels
• Optimising implementation

While the course touches on financial projections and how they fit into the strategic business planning framework, these are not core to the toolkit.

Toolkit

Strategic_Business_Planning_Toolkit_Summary.pdf (68.8 KB)

Strategic Business Planning Toolkit.pdf (775.15 KB)