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Newsgent > Blog > RTO > A strategic plan for your training organisation
RTO

A strategic plan for your training organisation

Vijay
Last updated: 2022/06/27 at 6:21 PM
Vijay
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A strategic plan is a roadmap for an organisation’s journey to success. It sets out the organisation’s goals and how it intends to achieve them. A strategic plan is essential for any training organisation that wants to grow and be successful.

Without a strategic plan, a training organisation is likely to flounder. Its goals will be haphazard and it will lack direction. A well-crafted strategic plan gives an organisation focus and clarity and helps it to measure its progress.

There are many different elements that go into a good strategic plan. But at its heart, a strategic plan should answer the following key questions:

  1. What is the organisation’s mission?
  2. What are the organisation’s goals?
  3. What are the organisation’s core values?
  4. What is the organisation’s competitive advantage?
  5. Who is the organisation’s target market?
  6. What are the organisation’s marketing objectives?
  7. What is the organisation’s sales strategy?
  8. What are the organisation’s operational objectives?
  9. What are the organisation’s financial objectives?
  10. How will the organisation measure success?
  11. Where are we now?
  12. Where do we want to be?
  13. How are we going to get there?
  14. What is your organisation’s purpose? What do you hope to achieve? Be as specific as possible.
  15. What strategies will we use to achieve our goals?

Answering these questions can be a daunting task. But it’s essential to take the time to do it properly. A training organisation that doesn’t have a clear idea of where it is, where it wants to be, and how to get there is unlikely to achieve its goals.

Creating a strategic plan for your training organisation can be a daunting task. However, with careful planning and execution, it can be a relatively simple process. Here are a few strategies to help you get started:

The first step in creating a strategic plan is to conduct a SWOT analysis. This stands for strengths, weaknesses, opportunities and threats. By looking at all four of these areas, you can get a clear picture of your organisation’s current situation. Once you know where you are starting from, you can begin to map out where you want to go.

The next step is to set some goals. These should be specific, measurable, achievable, relevant and time-bound (SMART). Once you have set your goals, you need to develop a strategy for achieving them. This will involve identifying the steps that need to be taken and who will be responsible for each one. You must create measurable objectives. Objectives should be SMART: specific, measurable, achievable, relevant, and time-bound.

By following these strategies and guidelines, you can develop a strategic plan that will help you achieve your training organisation’s goals.

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Vijay June 27, 2022
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