Strategic Planning for For-Profit Organizations Course Syllabus
Course Description:
This online course provides an introduction to the fundamentals of strategic planning for for-profit organizations. It covers topics such as the impact of strategic planning on profit performance, the differences between nonprofit and for-profit strategic planning, how to build a strategic plan, and more. By the end of this course, you will have a comprehensive understanding of how to create and implement a successful strategic plan for your organization.
Course Objectives:
- Understand the basics of strategic planning for for-profit organizations
- Learn about the impact of strategic planning on profit performance
- Compare and contrast nonprofit and for-profit strategic planning
- Identify key elements of a successful strategy plan
- Create a SWOT analysis to identify strengths, weaknesses, opportunities, and threats
- Develop measurable goals to track progress toward objectives
- Utilize data to inform decisions about strategies and tactics
- Implement best practices in communication with stakeholders throughout the process
- Monitor progress toward goals using metrics and analytics
- Evaluate outcomes against objectives to determine success or areas needing improvement
