Strategic Planning for Training Companies

¶ … Strategic Planning for Training Companies

The Case of SMEs in the UAE

Organisations are increasingly dependent upon it systems and infrastructure, but they also need good quality employees, and training them properly is crucial. Training companies exist, but the strategic planning of these companies does not always work well with the planning that other companies are engaging in. Eventually, organisations are subjected to many risks, so their business is inherently risky. How long can an organisation afford downtime because of a lack of strategic planning and business continuity? How long does it take to recover from a disaster; and, what does it cost? The purpose of strategic planning is to enable a business to continue operations in event of a disruption and/or to survive a disastrous interruption to their business. (Damianides, Parkinson, 2004, p.280).

In the training industry, keeping a good backup of information is considered to be only one issue for effective system recovery, and without considering other elements of a good business continuity plan, strategic planning can easily fail. Business continuity and disaster recovery are so vital to business success that they are no longer a concern of the it department alone, and the strategic planning that businesses are focusing on today must address all aspects of the business (Musaji, 2002). The purpose of this research is to provide a framework, and guidance to management, of good practices in the strategic planning area plan and to determine whether or not these companies are well prepared for the unexpected. To accomplish the objectives of this research a survey will be developed from the literature review and the survey will be given to various SMEs to get their views on strategic planning.