Aligning Business Strategy with Budgeting and

Planning

09:00 am 09:30 am Introduction and Welcome


9:30 am 10:30 am Session 1: What is Strategy?


What is Strategy?
Team activity: Describe one strategy/resource you have successfully employed recently?
How is a strategy developed?

Tea Break 10:30 am to 10:45 am


10.45 12pm Session 2: Strategic Management and Planning

What is Strategic Management?
Articulating a Strategic Plan
Steps in developing a Strategic Plan
Strategic Planning Approaches
Read: Introduction to Strategic Management by Susan Scribner
12:00 pm 12:30 pm Session 3 Activity

12.30 1pm Session 3: Blue Ocean Strategy and Strategic Planning are related?
The Blue Ocean Strategy
READ: Article Blue Ocean Strategy

1: 00 pm 2:00 pm Lunch Break


2: 00 pm 2:30 pm Team Activity

2.30 - 3: 00 PM Session 4: Breaking Down the Silos
Improving Performance by Breaking Down Organizational Silos
3: 00 pm 4pm Session 5: Creating Blue Oceans by balancing creativity and
business: Cirque de Soleil
4 4.45pm Group Discussion on the Case
4.45 5pm Wrap up of Day 1





Day 2

9:00 am 9: 30 am Review of Day 1

9:30 am 12:15 pm Session 1: Budgeting and Planning
Introduction to budgeting
Activity
READ: Article Budgeting: Forecasting YourCompanys Financial Future

12:15 pm1:00 pm Case study
2:00 pm 3:00 pm Session 2: Aligning Budgeting with Strategy
How to align your Business Strategy with Budgeting practices?
Developing KPIs
READ: Article Linking Strategy and Planning to Budgets

1:00 pm 2:00 pm Lunch
2:00 pm 3:00 pm Session 3: Balanced Scorecard
Activity
Introduction to Balanced Scorecard
Building a Strategic Management System
Read: Using the Balanced Scorecard as a Strategic Management System

3:00 pm 4:00 pm Project
4.00 pm 5.00 pm Presentations of Project
5.00 pm 5.30 pm Wrap up of Day2