Framework for Business Excellence: Strategic Thinking and Planning#101424

• Define business excellence and its key characteristics.
• Apply future studies methodologies to analyse business environments and identify potential trends and disruptions.
• Develop a strategic vision and mission statement aligned with future considerations.
• Conduct a comprehensive internal and external analysis of the organization's strengths, weaknesses, opportunities, and threats (SWOT) considering future trends.
• Formulate effective business strategies that are adaptable and responsive to future changes.
• Develop balanced scorecards and key performance indicators (KPIs) to track progress towards strategic goals.
• Create an action plan for implementing the strategic plan and ensure ongoing monitoring and evaluation.
• Foster a culture of innovation and continuous improvement within the organization.

• Business leaders and executives seeking to elevate their organizations to a new level of performance.
• Strategic planners, business analysts, and management consultants.
• Anyone interested in developing a future-oriented approach to business strategy and planning

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a binder containing a copy of the presentation
• slides and handouts
• Post-assessment

Day 1: Understanding Business Excellence & The Role of Future Studies
• Introduction: Welcome and course overview.
• What is Business Excellence? Defining key characteristics of successful organizations and exploring different frameworks for achieving excellence.
• The Power of Future Studies: Understanding how future studies can inform strategic planning and improve decision-making by anticipating potential challenges and opportunities.
• Futures Thinking Techniques: Learning various futures studies methodologies like scenario planning, trend analysis, and horizon scanning.
• Case Study: Analysing a real-world example of a company that successfully leveraged future studies to achieve business excellence.
Day 2: Strategic Vision & Analysis for the Future
• Developing a Compelling Vision Statement: Crafting a future-oriented vision statement that inspires and guides the organization's long-term direction.
• Mission Statement & Core Values: Understanding the role of a mission statement and core values in aligning organizational purpose and future goals.
• SWOT Analysis with a Future Lens: Conducting a comprehensive SWOT analysis that considers potential future trends, disruptions, and uncertainties alongside traditional internal and external factors.
• Competitive Analysis: Learning frameworks for analysing the competitive landscape and identifying opportunities for differentiation in a future-oriented way.
• Group Discussion: Participants work in teams to develop a draft vision statement and conduct a future-focused SWOT analysis for a specific industry or business scenario.
Day 3: Formulating Effective & Adaptable Business Strategies
• Strategic Planning Frameworks: Learning different strategic planning frameworks like Porter's Five Forces and Blue Ocean Strategy, incorporating future studies considerations.
• Identifying Strategic Priorities: Prioritizing key strategic objectives and initiatives that align with the vision and address future challenges.
• Scenario Planning for Strategic Flexibility: Developing different strategic scenarios based on potential future trends and disruptions to ensure adaptability.
• Building Competitive Advantage for the Future: Learning strategies for developing and sustaining a competitive advantage in a dynamic future business environment.
• Workshop: Participants practice formulating strategic objectives using a chosen framework and explore how to adapt them to different future scenarios.

Day 4: Implementing & Measuring Strategic Success
• Balanced Scorecards & Key Performance Indicators (KPIs): Developing balanced scorecards with future-oriented KPIs to track progress towards strategic goals across different aspects of the organization.
• Action Planning & Resource Allocation: Creating a detailed action plan outlining tasks, resources, and timelines for implementing the strategic plan.
• Monitoring & Evaluation: Understanding the importance of continuous monitoring and evaluation to ensure the strategic plan remains effective in the face of future changes.
• Communication & Change Management: Developing strategies for effectively communicating the strategic plan to stakeholders and managing change within the organization.
• Case Study: Analysing a case study of a company's successful implementation of a strategic plan and their approach to monitoring and adaptation.
Day 5: Building a Culture of Excellence & Continuous Learning
• The Importance of Innovation: Understanding the role of innovation in achieving and sustaining business excellence in a rapidly changing world.
• Fostering a Culture of Continuous Improvement: Developing strategies to create a culture that encourages continuous learning, experimentation, and adaptation to future challenges.
• Future-Proofing the Organization: Learning approaches to maintain a future-oriented mindset and continuously adapt the business model and strategies as needed.
• Course Wrap-Up & Q&A Session: Reviewing key takeaways from the course, addressing any remaining questions, and discussing ongoing learning and support resources.
• Action Planning: Participants develop personalized action plans outlining steps to implement a framework for business excellence within their organizations. They will consider future studies methodologies, develop future-oriented strategic plans, and identify strategies to foster a culture of continuous improvement and adaptation.