The ability to develop business strategies and then take those business strategies from plan to action sets true leaders apart from their peers. Forward-looking strategy formulation can make the difference between a profitable business and one that stagnates.
This course provides a concise overview of the best way to build a strategic plan and introduces and walks through a framework for the strategic plan. The course also introduces the concept of strategic management. It is designed to combine practice, insights and ideas about strategic planning with a “how to” approach to building an effective and useful strategic plan.
Prerequisites
No advanced preparation or prerequisites are required for this course.
Learning Objective
- Identify what a Strategic Plan is used for
- Recognize the components of strategic planning
- Discover how to develop a framework for the strategic planning process
Last updated/reviewed: July 9, 2025
(19) Reviews
(6 rating)
Great text-based course. If you are looking for AI content relevant to finance and accounting, this is a good pick.
Excellent, concise overview of goodwill impairment.
happy to pass the exam at one time, Great and thanks you.
Broader than payroll, also includes general accrual accounting steps
The webinar covers in an clear, well planned manner the theoretical basic components, framework, methods and controls of creating an strategic plan. The course addresses these in a structured manner which is easy to follow. Instructor was well prepared and knows the matter.
I especially appreciated the David Foster Wallace commencement speech at the end.
Spot on, easier to identify these mistakes while harder to consistently avoid.
Solid program with a good template / model to utilize.
Great complementary program to the One-on-One for employees
Nice looking/professional presentation and materials.
This course is more of a thought generator than a how to.
One of the best explanations of the the cash flow statement that I have seen--his logic helps me better understand the cash flow statement from an intuitive perspective. Also, I didn't really like the floating box around the text. The workbook PDF also should be in a PDF form, Excel or something that I wouldn't need to print out to complete.
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Hard to hear portions of the audio. Good information, but I wish it would have contained more information on how to forecast the balance sheet instead.
A very relevant course to a person moving into finance executive positions.
Erik's teaching style is clear. This is a very good course on basic accounting and financial statements. Highly recommended!
It would be helpful if there were review slides.
l like learn about this course and subject We will follow full courses for an intense love thank you very much
Thorough explanation of the entire process. Lots of best practices (and mistakes) shared from the instructor.
Lesson Questions and Answers0 Questions
INTRODUCTION AND OVERVIEW
The Basics
- Considerations in Strategic Planning 10:12
- Preparation of Strategic Planning Process 8:58
- Development of Strategic Plans 17:53
- Measurement and Reevaluation of Strategic Plans 8:48
Conclusion
- Course Conclusion 2:53
SUPPORTING MATERIALS
- Slides: Strategic Management and Strategy Execution Basics PDF
- Strategic Management and Strategy Execution Basics Glossary/Index PDF
REVIEW & TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
Ask the instructor a question about this lesson