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Strategic Planning Methods
Learn methods for strategic planningPreview the first lesson free — get full access to all 3 lessons.
Beginner Provider : KnowledgeCity 3 Lessons · 10m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
This module covers the fundamentals of creating a strategic plan and highlights the importance of a research-based strategic plan. It covers the two important tools used to prepare a strategic plan, and it also outlines the various methods that can be used to create a strategic plan.
What You'll Learn
- Identify the internal and external factors that influence your strategic plan
- Apply SWOT analysis to support strategic planning
- Apply PEST analysis as a preparation tool
- Perform a risk analysis as part of strategic planning
- Use the various strategic planning methods to create a plan
- Recognize the importance of research before creating a strategic plan
Key Takeaways
- A research-based strategic plan is important, and research should be done before the plan is created.
- Both internal and external factors influence a strategic plan.
- SWOT analysis and PEST analysis are two important tools used to prepare a strategic plan.
- Risk analysis is part of preparing a strategic plan.
- There are various methods that can be used to create a strategic plan.
Frequently Asked Questions
What does this module cover?
It covers the fundamentals of creating a strategic plan, the importance of a research-based strategic plan, the two important tools used to prepare a strategic plan, and the various methods that can be used to create a strategic plan.
What tools and techniques will I learn for preparing a strategic plan?
You will learn how to apply SWOT analysis, how to apply PEST analysis, and how to perform a risk analysis, which are covered as tools and techniques for preparation.
What topics are taught in this module?
The module is organized into three lessons: Strategic Planning in Today's Ever-Changing Environment; Tools and Techniques for Preparation; and Strategic Planning Methods.
Why does the module emphasize research?
The module highlights the importance of a research-based strategic plan and teaches the importance of research before creating your strategic plan.
Professional Certifications and Continuing Education Units (CEUs)
Society for Human Resource Management (SHRM®)
Professional Development Credits (PDCs): 0.25
KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).
