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Session Information

Situation Analysis—A Vital Step in Realistic Business Planning

Session Type: Management
Track Number: M32
Location: MB
Speaker: Karl Borgstrom, Ph.D.

Date: Tuesday, October 02, 2012
Time: 8:00 AM - 8:50 AM

Description:

The “situation analysis” evaluates business assets, strengths, and resources, as well as the opportunities and challenges of the external operating environment. Identification and thoughtful analysis of the most critical factors provides a foundation for setting company growth and business performance objectives. Investing in this front end “strategic thinking” phase of the planning process will pay off in terms of business goals that are realistic and the alignment of company resources and capabilities to best achieve those goals.
 
 Learning Outcomes:
• Step-by-step guide to preparing a situation analysis.
• Understanding causes, effects, and the need for corrective action
• Defining analysis-based action plans to achieve business objectives
• How to get “buy-in” to the business plan by key executives and managers

Handout:  Realistic Business Planning Download 
Handout:  Situation Analysis Checklist Download 

Please note that every state handles licensure and continuing education credits differently. To avoid confusion, NECA strongly recommends you check with your state authority whether they will grant these CEUs for management education programs held at NECA 2012 Las Vegas.


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