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  4. Workshop - "Nuts and Bolts for Preparing a Strategic Plan"

Workshop - "Nuts and Bolts for Preparing a Strategic Plan"

Workshop
 Registration Closed
Date: 2023-02-17 00:00

Workshop - "Nuts and Bolts of Preparing a Strategic Plan"

Objectives:

This workshop aims to help business schools in developing a meaningful and aspirational strategic plan. The strategic plan is supposed to be a live document to guide business schools navigating uncharted waters in pursuit of their vision and mission. Preparing a strategic plan requires some key prerequisites e.g. ownership and support from the top management, reality-based assessment and analysis, and involvement of different stakeholders including faculty, students, funders, and management.

Who Should Attend:

The workshop is offered to institutions and not to individuals based on open enrollment. Those business schools having challenges in their strategic planning and governance, and are committed to resolve them, are encouraged to join this workshop. A cohort from each institution comprising two to three key decision makers may attend the workshop. The participation of one key decision-making authority (Rector, Dean, VC) is mandatory in the first module of the workshop. The rest of the members could be Associate Dean, Director Accreditation, Program Directors, or members of the Strategic Planning Committee (if it exists).

Execution:

The workshop will be divided into three modules the details of which are provided below:

S.no

Session

Mode

Days/ Hours

Date

Details

1

Module 1

Online

1 day/ 4 hours

19th, Jan 2023

Importance of Strategic Planning; The planning process; the role of identification and examination of challenges and beliefs, through the creation of a meaningful mission/purpose statement, to specific goals and action plans; the role of monitoring the progress and effectiveness of the plan and making timely adjustments; Institutional framework and its incorporation in strategic plan.

The target for the Next Module:

Participants are supposed to conduct a real-time assessment of their school’s strategy/strategic plan and foundational work as per the guidelines by the time of the second module.

2

Module 2

Physical

2 days

21st - 22nd, Feb 2023

Presentation from participants on the work done; identification and development of school level KPIs and their evaluation framework; suggestions and recommendation for improvement.

The target for the Next Module:

Participants are supposed to build upon their already done work and develop KPIs and evaluation frameworks and complete the strategic plan by the time of the third module.

3

Module 3

Online

1 day/ 3-4 hours

TBA

Performance Evaluation and Review of Strategic Plan; Continuous improvement; best practices and Concluding session

Facilitators:
  1. Dr. Jawad Syed,
    Professor, SDSB, LUMS
  2. Dr. Zaki Rashidi,
    Director, Iqra University

Notes:
  1. Workshop Registration Fee: 300,000/-PKR per Business school covering 5 participants.
  2. In case of replacements, transfer and refund, participant should officially notify via email/letter to NBEAC 10 working days prior to the workshop. After that NBEAC will not entertain any claims and changes.
  3. NBEAC may cancel or postpone a workshop/program due to insufficient registration or unforeseen** circumstances. In this case, NBEAC will refund registration fee but will not be responsible for any other related expenses including cancellation charges by airline and travel agencies.
  4. In case of postponement, the fee may be transferred to the rescheduled offering of that workshop or any other workshop as an alternate to refund. The NBEAC reserves the right to make changes in its program policies and fees at any time.

** If unforeseen circumstances occurs during the workshop and one day before the scheduled workshop, NBEAC will not refund the registration fee.

A workshop on “the nuts and bolts of preparing a strategic plan” was conducted by NBEAC spreading over three modules. The first module was conducted online via Zoom on 19th of January 2023 and focuses on the importance of strategic plan for a business school followed by a review of some good and bad strategic plans, institutional framework and it’s incorporation in strategic plan. The second module was conducted physically in collaboration with DOW University of Health Sciences Karachi on 21st & 22nd of February 2023 and focused on strategic plan of universities specifically along with presentation from participants on the work done so far in their respective business schools followed by identification and development of KPIs and their evaluation framework and concluded with suggestions and recommendations for improvement. In third and the last module that was conducted on 19th of May 2023, strategic plans that were already shared by participant business schools and reviewed by the trainers were discussed in which grey and weak areas were identified by the trainers and the workshop was concluded by feedback from trainers to improve the strategic plan.

Seven (05) business schools and 29 of their representatives attended the workshop including deans, associate deans and HODs. The training event was exclusively sponsored by IMSciences, Bahria University, University of Central Punjab, University of Lahore, Innovative Research Universities, Dow University of Health Sciences, Lahore School of Economics, National Textile University, Salim Habib University, Lahore Garrison University, IBA Sukkur, ILMA University, Institute of Business and Management, DHA Suffa University and University of Management & Technology.

 

 

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About NBEAC

NBEAC has three main functions: accreditation, training and networking. In its accreditation function, it develops and implements standards to improve the quality of business education in Pakistan. In its training function, it provides opportunities to faculty and managers to learn about quality standards and related matters. In its networking function, it provides a forum for business education professionals to learn from each other through conferences and seminars.

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