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)
5 steps of strategic planning process from defining values, vision, and mission to describing strategy on strategy maps with business goals, KPIs, and initiatives.

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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I want to subscribe to the Strategic Planning Course mail list.

By submitting the data via this form, you give your consent for the processing of your personal data including your email for the purpose of sending your email newsletter. Your consent can be withdrawn at any time.

Self-Learning Tool for Strategic Planning

We were thinking about a software tool that could help with self-learning of strategic planning. Software that could teach participants strategic planning in an engaging way. An interactive tool that would provide DIY learning experience.

The result is a free strategy wizard:

Self-Learning Experience for Strategic Planning.

The wizard was programmed to follow the Balanced Scorecard strategy execution framework. It will make you think about different levels of strategic planning:

  • Strategic goals
  • Performance indicators
  • Strategic initiatives

To make the learning process most effective, we’d recommend focusing on:

  • The questions the wizard asks
  • The order of the question
  • The links to relevant explanatory articles
Posted in Strategy Training

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