Developing A Business Plan

Is it right for me?
Suitable for managers with responsibility for developing business plans in their organisation.

What will I learn?
By the end of this course you will be able to:

Identify the key steps in the planning process.
Devise, implement and evaluate a successful business plan.
Develop key indicators to track progress.
Manage the budgetary aspects of the plan.
Decide how and when to review and revise the business plan.
What will it cover?
The Planning Process

The key elements of the planning process
Who should be involved in planning?
The role and expectations of stakeholders
Strategic appraisals
The time dimension and the dynamics of planning
Gap analysis - measuring the strategic need
Developing future strategies
Planning activities, projects and identifying priorities
Resource needs to implement the strategy
Financial Plans and Budgets

Presenting the financial data
The role of budgets and targets
Sensitivity analysis
Understanding the risks inherent in your plans
Communicating and Implementing the Plan

Formats for successful communication
The various audiences for the plan - understanding their needs
Unit and department plans - what should you include?
Responsibilities and personal objectives for implementation
Reviewing and Revising the Plan

Monitoring implementation and progress
When and how to revise the plan
Personal Development

Developing your skills and competencies in business planning
Personal action plan
Testimonial
Lucy Madahar, Project Manager

"I learnt a lot from this friendly and informal course and now feel a lot more confident when developing business ideas."