Here Is Your Ability To Move Forward;


►Hard work always beats lazy talent,and the talented hard work trumps everything.So set your alarm clock.Set it for early...

dophins_group_tick_nairobi_kenya  Essential Consultancy Services..

dophins_group_tick_nairobi_kenya  Top Strategies Implementation,Execution and more for you...

 

DIT Approved Trainers
+254-20-2211362 / 364
+254-712-636 404
Dolphins Group Offers
Perfect PA and Effective Office Administrator Skills Training...

Venue; Villa Rosa - Kempinski Hotel, Nairobi-Kenya

Date; 29th To 30th November 2018

►Reserve Online


Excellent Project Management Skills Training...Mombasa


Venue; Hotel EnglishPoint & Spa Marina, Mombasa,Kenya - Coastal Line

Date; 26th To 30th November 2018 ( Five Days)

►Reserve Online.


Diligent Record Management & Information Technology In Record Keeping Skills Training...

Venue;  Villa Rosa - Kempinski Hotel, Nairobi-Kenya

Date; 26th To 30th November 2018 (Five Days)

►Reserve Online


Strategic Performance Management Skills Training….Mombasa


Venue; Hotel EnglishPoint & Spa Marina, Mombasa,Kenya - Coastal Line

Date; 3rd To 7th December 2018 (Five Days)

 ►Reserve Online

dolphins_training

 

Valuable Content for you on;

enjoy Discounts,FREE Slots..


 

dolphins_group_on_facebook_page_nairobi_kenya 

    dolphinsgroup_on_twitter        dolphins_training_blog

Simplified Strategic Planning,Efficient Resources Allocation and Management Skills Training...How to

 

 strategic planning consultants and trainers in nairobi kenya africa

 

In today's highly competitive business environment, budget-oriented planning or forecast-based planning methods are insufficient for a large corporation to survive and prosper.

The firm must engage in strategic planning that clearly defines objectives and assesses both the internal and external situation to formulate strategy, implement the strategy, evaluate the progress, and make adjustments as necessary to stay on track.

A simplified view of the strategic planning process is shown by the following diagram:

 

The Strategic Planning Process

Mission &
      Objectives      
  Environmental  
Scanning
Strategy
    Formulation     
Strategy
 Implementation  
      Evaluation      
& Control

Mission and Objectives

The mission statement describes the company's business vision, including the unchanging values and purpose of the firm and forward-looking visionary goals that guide the pursuit of future opportunities.

Guided by the business vision, the firm's leaders can define measurable financial and strategic objectives. Financial objectives involve measures such as sales targets and earnings growth. Strategic objectives are related to the firm's business position, and may include measures such as market share and reputation.

Environmental Scan

The environmental scan includes the following components:

  • Internal analysis of the firm
  • Analysis of the firm's industry (task environment)
  • External macroenvironment (PEST analysis)

The internal analysis can identify the firm's strengths and weaknesses and the external analysis reveals opportunities and threats. A profile of the strengths, weaknesses, opportunities, and threats is generated by means of a SWOT analysis

An industry analysis can be performed using a framework developed by Michael Porter known as Porter's five forces. This framework evaluates entry barriers, suppliers, customers, substitute products, and industry rivalry.

Strategy Formulation

Given the information from the environmental scan, the firm should match its strengths to the opportunities that it has identified, while addressing its weaknesses and external threats.

To attain superior profitability, the firm seeks to develop a competitive advantage over its rivals. A competitive advantage can be based on cost or differentiation. Michael Porter identified three industry-independent generic strategies from which the firm can choose.

Strategy Implementation

The selected strategy is implemented by means of programs, budgets, and procedures. Implementation involves organization of the firm's resources and motivation of the staff to achieve objectives.

The way in which the strategy is implemented can have a significant impact on whether it will be successful. In a large company, those who implement the strategy likely will be different people from those who formulated it. For this reason, care must be taken to communicate the strategy and the reasoning behind it. Otherwise, the implementation might not succeed if the strategy is misunderstood or if lower-level managers resist its implementation because they do not understand why the particular strategy was selected.

Evaluation & Control

The implementation of the strategy must be monitored and adjustments made as needed.

Evaluation and control consists of the following steps:

  1. Define parameters to be measured
  2. Define target values for those parameters
  3. Perform measurements
  4. Compare measured results to the pre-defined standard
  5. Make necessary changes
     

For all your strategic planning needs,strategic planning formulation,drafting,training and Implementation please feel free to contact on;

consultancy@dolphinsgroup.co.ke

 

 
Thanks guys; keep implementing
Earn by being Referred or Referring Here...

View & Earn by being Referred or Referring your friends, workmates, colleagues or contacts...to Upcoming Trainings  Here..►

 

 

 

We know what we are, but know not what we may be...Discover...

Testimonials..

dolphins_group_trainings

We shared a lot. I am a changed person even the entire office is surprised. I will forever remember remember the training- Vinic Sarange Ombaso

View more from here...

Change your thoughts and you change your world....!

Testimonials..

Amazing trainings, quite relevant and fulfilling, 9 out of 10. Empower more and more people –Vincent KK, Safaricom ltd

 

dolphins_group_training_programs_nairobi_kenya
 

5 Tips to Stop Interrupting Others…
Link Up, Be the Driver....