Business panning and goal setting
are the first steps to a successful business
Business Planning And Goal Setting
Business Planning and Goal Setting is an important module in Business Management as it helps entrepreneurs and managers to develop and execute effective business plans. Business planning is critical to the success of any business.
Business Planning and Goal Setting is a crucial aspect of running a successful business. It involves setting clear objectives and developing a strategic plan to achieve those objectives.
This module aims to achieve a conceptual and comprehensive understanding of strategy road map creation using core contemporary methodologies to make relevant proposals for business progression.
The programme content has been designed specifically for people working in non-financial roles. This programme is not strictly for managers. Any employee whose role involves financial responsibilities or input into financial processes/reviews would benefit from understanding the key financial concepts covered in this course. This course can be adapted to suit all levels, roles and needs.
Programme Structure
Business Planning and Goal Setting is a process that requires careful planning and execution. By setting clear objectives, developing a comprehensive business plan, and regularly monitoring progress, businesses can increase their chances of success in a competitive marketplace.
Business planning is the process of developing a roadmap for achieving specific business goals and objectives. The business plan typically outlines the company’s mission, target market, products or services, marketing strategy, financial projections, and implementation timeline. The goal of business planning is to help organizations identify and evaluate potential risks and opportunities, and to provide a framework for decision-making.
Scanning the environment and setting goals are two important processes that businesses use to stay competitive and achieve success. Here’s an overview of each process:
competitive analysis and developing a market strategy can help a company achieve long-term success. By identifying opportunities to differentiate themselves from their competitors and targeting a specific customer segment, businesses can create a sustainable competitive advantage and increase their market share.
For more effective risk management, an organization needs to ascertain the risks it faces and evaluate them. Implementing the plan involves putting the strategies and actions identified in the business plan into action. Monitoring the plan involves tracking progress against the objectives and goals identified in the plan. Controlling the plan involves making adjustments to the plan as needed to ensure that it remains aligned with the goals and objectives of the business.
The objective of the risk assessment stage is to offer an evaluation of the possibility and the impact of the risks and opportunities that have been identified if they should occur. Undertaking the assessment provides several benefits, such as providing an order of pain or gain for each opportunity and risk that has been identified.
Learning Outcomes
- Define Business planning and goal setting
- The capital of a business consists of the funds invested in it.
- Learning, Measuring and monitoring is a particularly important activity in the implementation phase.
- Implementation of strategy is a critical phase. Without effective implementation, the best of business plans are useless.
- Developing skills in Implementation of strategy is a critical phase. Without effective implementation, the best of business plans are useless.
- Developing skills in setting SMART goals that are specific, measurable, attainable, relevant, and time-bound.
- SWOT Analysis is a useful tool to examine the organizational environment.
Why Get Certified
Upon successful completion of the Mastering Business Planning And Goal Setting programme, you’ll earn a certificate of completion from the Westminster Central College.
Getting certified shows employers that you have a clear understanding of the core concepts of Leadership and Management. You can also add the qualification to your CV, and easily upload it to your LinkedIn profile.
Becoming certified shows you have strong leadership and management skills and that you’re motivated to learn: two essential qualities in the workplace. Demonstrating these qualities can help improve your chances of finding the job you want.
Improving your leadership and management skills can help you find a job, get promoted, or start a whole new career.
Student Support
We encourage you to make full use of all of the support services and facilities available to ensure you have the best possible experience during your time at the School.
Personal tutors can help you with a range of issues affecting your studies, as well as tell you about other University support available.
If you think your circumstances might affect your academic achievement, it’s a good idea to talk to your programme tutor about your situation. They can help you manage your workload and, if necessary, explain the rules about extenuating circumstances for assignments.
WCC offers additional specialist support for all students to develop skills that enhance your employability prospects and support your studies.
Our extensive careers service supports you throughout your time at School to ensure that when you complete the programme, you are well-prepared for the world of work.
The WCC Experience
Expert Trainers
Passionate specialists who keep up to date with the latest trends in their field.
Quality Delivery
Trainers have assessed annually on the quality of their delivery and delegate engagement.
Practical Training
Theory and practical based training to take back to the office which leads you more.
Small Class Sizes
No more than 15 people to ensure you get the most from our trainers.
Apply Now and Be the Change
Unlock your leadership potential and propel your career to new heights.
Please contact us on +44 20 8555 7585 or send us an email to Info@wcc.ac.com to discuss your requirements and obtain an application form.
