Start Date: 1 Dec, 2024
End Date : 5 Dec, 2024
Duration : 5 Days
Overall Description:
This course is designed to help managers and employees whose responsibilities require strategic thinking, planning, scheduling, leading and managing resources.
Course Objectives:
- Learn how to develop a plan to achieve the goals you want for you and your organization (company/division/business unit/team).
- Develop strategic thinking in your organization.
- Develop a strategic plan for your organization.
- Identify the principles and mechanisms that drive successful implementation.
- Develop measurable action plans that result in success.
- Understand your underlying business model and how it relates to your strategy.
Course Outline (Content):
Key Concepts: Strategic Thinking
- The Essence of Strategy – core concept and definition of terms.
- The Difference between Good Strategy and Bad Strategy.
- How to Think Strategically – practical techniques.
- Leadership and Management, Comparing Strategy and Operations.
- Strategic and Operational Goals – significance and difference.
- Using the Strategic Management System.
Developing Strategy – The Power of Business Analysis
- Understanding the Importance and Value of a “Business Model”.
- Vision, Values, Mission, and Goals – strategy as perspective.
- Case Examples and Guidelines: Vision and Mission Statements
- Analyzing your Business Environment.
- How to Evaluate Your Organization’s Competencies and Capabilities.
- Resource-based Approaches to Strategy.
Strategy Development
- Levels of Strategy: Corporate, Business and Functional.
- Competitive Strategy – strategy as position.
- Strategic Choice – how to select the best strategy.
- Translating Strategy with Strategy Maps and Balanced Scorecards
Bringing It All Together
- Building a Strategy / Business Planning Team.
- Analyzing Business Models and Strategies in an Industry.
Action Planning and Next Steps
Who Should Attend?
- Executives, directors, and other senior managers involved in the formation and implementation of strategic planning.
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.