Start Date: 6 Apr, 2025
End Date : 10 Apr, 2025
Duration : 5 Days
Overall Description:
This course is designed to help executives, division leaders, and other senior managers involved in the formation and implementation of strategic planning.
Course Objectives:
- Apply strategic planning and thinking to analyze their current environment and determine their organizational ambition.
- Employ the strategic management process to best achieve the desired ambition.
- Assess and choose strategies that create a sustainable competitive advantage for the organization.
- Determine strategic objectives, Key Performance Indicators (KPIs) and 'SMART' targets for the organization.
- Convert strategic plans to operating plans through creating strategic initiatives and sequencing activities.
- Participate in the performance management system to ensure proper execution of chosen strategies.
Course Outline (Content):
Strategic thinking and planning
- Strategic thinking versus strategic planning.
- The strategic management process.
- Benefiting from strategic management.
Analysis of the environment
- Creating and capturing value.
- Conducting a SWOT analysis.
- Internal strengths of an organization.
- Internal weaknesses of an organization.
- External opportunities.
- External threats.
- Fundamentals of the PEDESTL framework.
- Succeeding in strategic analysis.
Vision, mission statements and values
- Using vision and mission statements.
- Definition of vision statements.
- Formulating vision statements.
- Definition of mission statements.
- Formulating mission statements.
- Embracing organizational values.
- Communicating the vision, mission and values.
Assessing strategic choices
- Corporate Strategy.
- Business Strategy.
- Innovating.
- Developing a competitive advantage.
Strategic objectives, KPIs and targets
- Ensuring strategic alignment in the organization.
- Developing effective strategic objectives.
- Using the Balanced Scorecard (BSC).
- Using Key Performance Indicators (KPIs).
- Setting SMART targets.
Developing operating plans
- Cascading from vision to action plans.
- Criteria for effective action plans.
- Developing strategic initiatives.
- Managing the execution of strategy.
- Control process.
Who Should Attend?
- Executives, division leaders, and other senior managers involved in the formation and implementation of strategic planning and thinking.
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.
