Free Strategic Planning Course by BSC Designer

How to create a Balanced Scorecard? How to find the best performance indicators? What is the best approach to strategy cascading? Join our free strategic planning course to get started with a disciplined approach to strategy.

  • Free email course
  • New lesson every day
  • Detailed review of the topics
  • Video lessons

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What will I learn?

  • Lesson 1. Strategic Planning Process
  • Lesson 2. Mission, Vision, Values, Priorities
  • Lesson 3. Business Frameworks Overview
  • Lesson 4. Balanced Scorecard and Strategy Maps
  • Lesson 5. KPIs
  • Lesson 6. Cascading

Lesson 1. Strategic Planning Process

In this lesson we’ll discuss the 5 typical steps of a strategic planning process:

  • 1. Mission Definition
  • 2. Formulating Strategy
  • 3. Strategy Description
  • 4. Strategy Cascading
  • 5. Strategy Execution
Prepare Strategy Step 2 - Formulating Business Hypothesis

Lesson 2. Mission, Vision, Values, Priorities

Let’s start strategic planning with high-level ideas, such as:

  • Mission
  • Vision
  • Values
  • Strategic themes (or priorities)
Five Levels of Abstraction in Strategy Planning and Execution. From Vision, Mission, and Core Values to Strategic Priorities (Themes), Strategy Maps, Business Goals, and KPIs.

Lesson 3. Business Frameworks Overview

There are various business frameworks that can help us to look at strategy from different perspectives. Let’s review:

  • SWOT+S
  • VRIO
  • Gap Analysis
  • Risk Management
  • Constraints Analysis
  • 7-S
  • PESTEL
Using VRIO for strategic planning

Lesson 4. Balanced Scorecard and Strategy Maps

In this lesson, we’ll discuss how to map strategic hypothesis on the strategy map and prepare strategy for execution.

  • Four perspectives
  • Strategic vs. operational goals
  • Cause-and-effect logic
  • Key Performance Indicators
  • Initiatives
8 STEPS To Create a Strategy Map By BSC Designer

Lesson 5. KPIs

Performance indicators help to make the goals more specific and tangible. Learn best practice approaches for KPIs.

  • How to find winning KPIs
  • The list of typical KPIs
  • Leading and lagging indicators
Setup a metric: scale, weight, performance formula

Lesson 6. Cascading

Learn how to translate the top-level strategy to the business units and individuals.

  • What is strategy cascading?
  • Different ways to organize cascading
  • Using the OKR framework for tracking team and individual goals
Case 10 - Strategy cascaded by "waterfall" model

Feel free to join this free training course for strategic planning. If you are looking for a more personalized experience, check out our BSC Step by Step training.

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