Developing a Successful Business Plan

Learning how to write a business plan is a pivotal skill that can be fine-tuned through proper training and guidance.

This course will examine the key strategic business areas that a successful plan must consider, plus develop the tools required to make a business plan. You will also explore the factors that will support the implementation of the plan.

Who will benefit

Business unit managers, functional and frontline managers, small business owners and managers, project managers and professional practice personnel. This course is applicable to those from the public, Not-for-Profit and private sectors.

Content

• Understand the relationship between the strategic plan, the business plan and operational plans

• Conduct a situation analysis of the internal environment and external environment

• Determine your overarching purpose, your Key Result Areas (KRAs) and measures of success

• Apply a business plan template to your organisation

• Explore techniques to build commitment to implement the plan

• Understand the process of producing, monitoring and reviewing the plan.

Learning Outcomes

You will learn to:

• Perform a thorough analysis of both internal and external factors affecting an organisation to inform strategic decision-making

• Determine the over-arching purpose of an organisation, identify Key Result Areas and establish measurable success metrics to track progress and outcomes

• Ensure your organisation’s business plan effectively communicates the strategic direction and operational details

• Gain insight into the entire business plan lifecycle and learn how to adapt and refine the plan in response to changing circumstances.