Strategic Planning in the Small Business

Transparency

6-6

Inside

Board

Members'

Characteristics

Transpaiency

6-7

Common

Objectives

for

the Board

of Directors

Transparency

6-8

Stages

of Firm

Life Cycle

Transparency

6-9

Generic

Board

Types

Transparency

6-10

Characteristics

CEOs

Seek

in new

Board

Members

Handouts:

Handout

6-1

CBA Strategic

Plan

Outline

Handout

6-2

Delegation

Guidelines

Handout

6-3

Keep the

Plan Up-to-Date

Handout

6-4

Stages

of Firm

Life

Cycle

Handout

6-5

Do

Boards

of Directors

Really

Help

Small Businesses?

Class Exercise:

1. Role
   play
   situation
   on delegation

2.

Ask each

participant

to

give a

5-10 minute

presentation

on

their plan.

Ask

them

to

focus on

the one

or two most

important

objectives.

Following

the presentation

ask

the class

to critique

the presentation.

Assignment:

Prepare

a written

strategic

plan.

Suggest

they follow

the

outline

which was

given

out in

Unit

1. Tell
   them to
   turn in
   the plan
   within one
   month
   to the
   Institute
   for an in
   depth

review

of

the document.

Following

review

of the

plan by

the faculty

meet

with the

participant

to

give them

individualized

feedback

on what

they

can do to

strengthen

the

plan.

Notes

to Instructor:

Whenever

possible

encourage

each

participant

to

express

their feelings

and to ask

questions.

Estimated
Time:

Draft

and refine

the plan

20 minutes

Implementation/delegation

30

minutes

Role

play

situation

on delegation

15

minutes

Keep the

plan up-to-date

15

minutes

Board of

directors

20 minutes

Business

plan

presentations

90-180

minutes

360