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Quick Look Course Summary:Strategic Planning for a New Venture (Unit Standard 263456) (2 days)
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Length: 2 day(s)
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Price (at your venue): 1 Person R 14,642 EX VAT 3 Person R 9,476 EX VAT 10 Person R 6,472 EX VAT
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Certification Type:Accredited
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Locations & Venues: Off-site or in-house. We train in all major city centres throughout South Africa.
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Strategic Planning for a New Venture (Unit Standard 263456) (2 days)
Owners and managers of new ventures who use a strategic plan to steer the business, track the numbers and customer feedback that matter, and spot and fix performance problems early – with 4 accredited credits.
Many new ventures write a plan once, for the bank, and never look at it again. This accredited strategic planning course covers unit standard 263456 (NQF Level 4, 4 credits), a core unit standard of the Further Education and Training Certificate: New Venture Creation (SAQA ID 66249), which BOTI delivers under its Services SETA accreditation.
Day one explains strategic planning for a new venture: what a good plan contains, why its timing matters, how it supports performance monitoring, and how functional strategies and structures shape the way the business performs. Delegates then choose a monitoring tool, review supervision practices and marketing spend, and check the venture's progress against its plan.
Day two covers measuring and reporting performance, including financial indicators, customer satisfaction, reporting lines and report formats, and ends with a practical method for finding the root causes of performance problems and fixing them on time.
Why this course
For your organisation
- A strategic plan that is used to manage the venture, not filed away
- Clear financial and customer indicators to track
- Regular, consistent performance reports
- Performance problems traced to root causes and fixed on time
For your delegates
- Four accredited credits towards the FETC: New Venture Creation
- A performance monitoring tool for your own venture
- Report templates for financial and customer results
- A problem-solving method you can reuse
What delegates will be able to do
- Describe strategic planning and its benefits for a new venture
- Identify what makes a good strategic plan and why timing matters
- Explain the elements of a strategic plan and choose a suitable organisational structure
- Select a monitoring tool and review supervision practices and marketing spend
- Measure and report financial results and customer satisfaction
- Set reporting lines, priorities and formats for progress reports
- Find the root causes of performance problems and fix them within agreed time frames
Who should attend
Entrepreneurs, owners and managers of new and small businesses, and staff who help implement and monitor a venture's strategic plan, including delegates working towards the FETC: New Venture Creation. The unit standard assumes communication at NQF Level 3.
Course outline
Day 1 – Unit standard 263456: strategy, structure and monitoring
Outcome 1: Strategic planning and business performance
- What strategic planning means for a new venture
- How a plan supports performance monitoring
- Features of a good strategic plan
- Timing the plan and its effect on performance
Outcome 2: Functional strategies and structures
- What goes into a strategic plan
- Functional structures a new venture could adopt
- How the key elements work in each structure
- Choosing the right structure for your venture
Outcome 3: Supervising and monitoring performance
- Choosing a performance monitoring tool
- Evaluating supervision practices, including spending
- Analysing marketing spend against objectives
- Tracking progress against the project plan
Day 2 – Unit standard 263456: measuring, reporting and fixing performance
Outcome 4: Measuring and reporting performance
- Qualitative and quantitative indicators
- Measuring and reporting financial indicators
- Monitoring customer satisfaction
- Reporting lines in a new venture
- Report priorities, requirements and formats
- Reporting progress on time and as agreed
Outcome 5: Solving performance problems
- Spotting, recording and reporting potential problems
- From symptoms to root causes
- Choosing and applying problem-solving techniques
- Fixing problems within set time frames
- Portfolio of evidence: what to submit
How it is delivered
Two days, 08:30-16:00. In person at your offices anywhere in South Africa, at a BOTI venue, or live online. One delegate or a group of up to 20. Learner guide and workbook for each unit standard, practical workplace activities, and a portfolio of evidence that delegates complete after the course for assessment and moderation.
What our clients say
“The course was efficiently scheduled and planned around our timetable. We were impressed by the quality of training”
“Coaching sessions have been delivered on a consistent monthly basis throughout the engagement, with BOTI's facilitators demonstrating professionalism, flexibility in scheduling, and a strong ability to tailor coaching content to the individual development needs of our delegates.”
“The training was practical, engaging and relevant to our workplace environment, providing participants with valuable knowledge and practical skills that could be applied in their respective roles.”
Frequently asked questions
Is this course accredited?
Yes. It covers unit standard 263456, Plan strategically to improve new venture performance (NQF Level 4, 4 credits), a core unit standard of the FETC: New Venture Creation (SAQA ID 66249), delivered under BOTI's Services SETA accreditation (12582).
Until when can delegates enrol?
Delegates can enrol until 30 June 2027.
Are there entry requirements?
The unit standard assumes communication at NQF Level 3.
How are delegates assessed?
After the course each delegate completes a portfolio of evidence based on a real or planned venture. It is assessed and moderated, and delegates found competent receive a statement of results.
Does this count towards a qualification?
Yes. Unit standard 263456 is a core unit standard of the FETC: New Venture Creation (SAQA ID 66249), so its credits count towards that qualification.
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