Start Date: 22 Jun, 2025
End Date : 26 Jun, 2025
Duration : 5 Days
Overall Description:
This course is designed to help managers and directors who are involved in influencing, formulating or supporting the long term planning and strategy of their department or organization.
Course Objectives:
- Apply strategic thinking to analyze the current environment and determine the organizational ambition.
- Learn to create short-term goals that support long-term strategy.
- Identify strategic planning issues to develop a unique competitive advantage.
- Determine strategic objectives, Key Performance Indicators (KPIs), and 'SMART' targets for the organization.
- Convert strategic plans into operating plans by creating strategic initiatives and sequencing activities.
- Determine the best approach to effectively implement the strategic planning process.
- Participate in the performance management cycle to ensure proper execution of the chosen strategies.
Course Outline (Content):
Strategic Thinking and Planning
- The strategic management process.
- Differentiating strategic thinking and strategic planning.
- Benefits of strategic management.
Environmental Analysis
- Porter's 5 Forces analysis
- Creating and capturing value
- Conducting a SWOT analysis
Vision, Mission, and Values
- Developing effective vision statements.
- Formulating mission statements.
- Embracing organizational values.
- Communicating the vision, mission, and values.
Strategic Objectives, KPIs, and Targets
- Ensuring strategic alignment in the organization.
- Developing effective strategic objectives.
- Using the Balanced Scorecard (BSC).
- Identifying Key Performance Indicators (KPIs).
- Characteristics of the right KPIs.
- Developing different types of KPIs.
- Setting SMART targets.
Developing Operating Plans
- Cascading from vision to action plans.
- Criteria for effective action plans.
- Developing strategic initiatives.
- Developing departmental plans.
- Managing the execution of strategy.
- Control processes.
- KPI dashboard reporting.
Who Should Attend?
- All managers and senior professionals who are involved in influencing, formulating or supporting the long term planning and strategy of their department or organization, as well as those who are responsible for linking, measuring and improving the performance of the organization, including strategy or performance management professionals, balanced scorecard managers, business unit and department managers and business analysts.
Course Methodology:
We utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This training course will be conducted as a highly interactive workshop session. A variety of training methodologies will be used Before and during the course whenever applicable. Some of these methods are gamification, online pre-post test, role plays, self-assessment instruments, group exercises & case studies.
