Course Details

Strategic Planning for Saccos Training Course

INTRODUCTION

In today's dynamic financial landscape, strategic planning is essential for Savings and Credit Co-operative Organizations (Saccos) to thrive. This Strategic Planning for Saccos training course equips Sacco leaders, board members, and management with the knowledge and skills to develop and implement effective strategic plans that guide their organization's growth, enhance member value, and ensure long-term sustainability. Learn how to analyze your Sacco's environment, define clear goals and objectives, and create a roadmap for achieving your desired outcomes. This Sacco strategic planning training is crucial for professionals seeking to lead their Saccos towards a successful and impactful future. This course covers key areas like environmental analysis, vision & mission development, goal setting, and implementation planning, empowering you to become a skilled strategic planner for your Sacco.

DURATION

5 days

TARGET AUDIENCE

This course is designed for:

• Sacco Board Members: Individuals responsible for setting the strategic direction of the Sacco.
• Sacco Management Team: Individuals responsible for implementing the strategic plan.
• Sacco Committee Members: Individuals involved in various committees within the Sacco.
• Sacco Staff: Employees who contribute to the achievement of strategic goals.
• Anyone interested in Sacco strategic planning: Professionals and individuals committed to the growth and success of Saccos.

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the importance and purpose of strategic planning for Saccos.
• Analyze the internal and external environment affecting the Sacco.
• Develop a clear vision, mission, and values statement.
• Set SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals and objectives.
• Create a strategic action plan with measurable outcomes and resource allocation.
• Implement and monitor the strategic plan effectively.
• Evaluate and adapt the strategic plan as needed.
• Communicate the strategic plan to stakeholders and build buy-in.

COURSE MODULES

• Introduction to Strategic Planning for Saccos:
• Defining strategic planning and its benefits for Saccos.
• The strategic planning process and its key components.
• Different approaches to strategic planning.
• The link between strategic planning and Sacco success.
• Environmental Analysis (PESTLE & SWOT):
• Conducting a PESTLE analysis (Political, Economic, Social, Technological, Legal, Environmental) of the external environment.
• Performing a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) of the Sacco.
• Identifying key trends and challenges impacting the Sacco sector.
• Understanding the competitive landscape and potential partnerships.
• Defining Vision, Mission, and Values:
• Developing a compelling vision statement that articulates the Sacco's desired future.
• Crafting a clear and concise mission statement that defines the Sacco's purpose.
• Identifying core values that guide the Sacco's work and culture.
• Ensuring alignment between vision, mission, and values.
• Setting Goals and Objectives:
• Defining strategic goals that align with the Sacco's mission and vision.
• Setting SMART objectives that are specific, measurable, achievable, relevant, and time-bound.
• Developing key performance indicators (KPIs) to track progress and measure success.
• Prioritizing goals and objectives based on member needs and available resources.
• Developing a Strategic Action Plan:
• Identifying key strategies and actions needed to achieve objectives.
• Developing a detailed action plan with timelines, budgets, and resource allocation.
• Assigning responsibilities and accountability for each action.
• Creating a communication plan to engage stakeholders and build buy-in.
• Implementation and Monitoring:
• Implementing the strategic action plan effectively.
• Monitoring progress towards objectives and KPIs.
• Tracking performance and collecting data to assess progress.
• Regularly reviewing and reporting on progress to stakeholders.
• Evaluation and Adaptation:
• Evaluating the effectiveness of the strategic plan and its impact on the Sacco.
• Identifying lessons learned and best practices for future planning cycles.
• Adapting the strategic plan as needed based on evaluation findings and changing circumstances.
• Ensuring continuous improvement in strategic planning processes.
• Communicating the Strategic Plan:
• Developing a communication strategy to share the strategic plan with stakeholders (members, staff, partners).
• Communicating the plan clearly and concisely using various channels (meetings, presentations, newsletters, website).
• Building buy-in and support for the strategic plan through effective communication and engagement.
• Ensuring that all stakeholders understand their roles and responsibilities in achieving the Sacco's strategic goals.

CERTIFICATION

Upon successful completion of this training, participants will be issued with a Macskills Training and Development Institute Certificate

TRAINING VENUE

Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com