How to Develop a Strategic Plan | Step by Step Guide You Can Follow

How to develop a strategic plan, Strategic planning, develop strategic plan, balanced scorecard, strategy map, KPIs, setting goals and objectives, SWOT, mission, vision, strategy map.

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Strategic plans help an organization achieve its mission and vision. What is strategy? and what is a strategic plan? How to develop a strategic plan? Learn how to develop a strategic plan for your organization utilizing the balanced scorecard. Understand the step by step of the strategic planning process. Develop goals, action plans, and a strategy map. Make use of SWOT analysis, RACI charts and balanced scorecard to develop efficient strategies.

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About the Presenter: Edward Shehab is a certified CBAP, PMP, PgMP, PfMP, SIx Sigma Green Belt and PMOC. He has been training project management and business analysis professionals in USA and Middle East for over 15 years. He holds a Master of Science degree in Managing Programs and Projects from Boston, MA. He is very active in the project training and consulting domain and has contributed to PMI's Standard for Program Management 4th Ed, and also the Practice Standard for Scheduling.

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HOW TO DEVELOP A STRATEGIC PLAN - VIDEO CHAPTERS

0:00 Introduction
0:27 What is a Strategic Plan?
1:03 Who is the strategic plan being developed for?
2:03 Identify the values that define you or your organization
3:05 Prepare a Value Statement
7:56 Vision is the state of the organization as you predict it to become in the future
9:42 Conduct a SWOT Analysis
12:33 Develop Goals based on the SWOT action plans
17:06 What is it that can be measured to ensure that you have met your goals or targets?

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[bismaimran]

Wow this helped me a lot! You are just not helping business students but entrepreneurs coming from science background! This is so clear, comprehensive and directional. Thank you. Looking forward to learn more.

[kamalpeeris]

You have put everything together in your presentation. It gives an overall understanding of the subject. Most of the time professionals failing in putting these modules into practice.

[vifnzot]

Thank you so much for the video, what i liked in this video is how to develop a strategic plan for your self and Organization .This is great video full of good information .Thanks Ogot Francis, Northern Uganda .

[ImranKhanLifeisbeautiful]

What I liked the most is the way you connected and built a story around the topic.

[sebastianondogaokot]

Simplified my understanding of using a Balanced Score Card to develop the Strategic Plan.

[tesfayedube]

Short, complete, and sweat. Thank you!

[boipusomuseke]

22 minutes packed with a wealth of information, thank you!

[TasheChin]

This was so very well explained - clear, logical, easy to understand and digest. The way you connected each concept/component together was phenomenal. Thank you so much!

[ilanzedek]

Well Done Edward. A well planned out informative and concise video. Im getting ready to take my last class in my MBA coursework, Organizational Strategy, and your video was a wonderful intro. So many other videos out there are filled with "fluff" but every minute of your video is packed with information and you get straight to the point. Keep up the outstanding work !

[yibeltalkibret]

What a lovely, clear, and precise explanation. Wow, thank you so much, sir❤❤❤❤❤❤❤❤

[andersonmachado]

Edward, this is one area that I like very much, and is a pleasure to me find you here for give me this amazing opportunity to learn more. Thank you.

[gilbertsimwinga]

The presentation was simpified and tothe the point.
I did not lose you in your presentation

[omonylawrence]

This is the best video on strategic planning. I subscribed already and God Bless you

[jahanzaibtariq]

Much needed lecture, i m going to start an interior designing company, this lecture will help alot

[olukayodeadisa]

thank you for this video. it gave me an insight into what strategic plan is all about

[maxameddeeq]

Amazing clear lecture i hope you learn more and more about business thank you milion times i would like to identify next time marketing strategy and marketing pln thank u

[petroalfred]

A very classic presentation...likely to watch 1000 years

[posada]

The way you develop each topic is amazing.
Thank you very much.

[rolandocimafranca]

Thanks this will help us on how to build our organization towards a better and relevant person in the community