Strategic Thinking & Business Planning
INTRODUCTION
This seminar gives you a robust practical framework to formulate, develop, and implement plans for achieving strategic goals and realising your vision. It shows you how to break out of responding to day-to-day problems so you can build a team or organization that is more proactive and resilient to change.
The comprehensive, step-by-step method shows you how to develop the right strategy then translate it into a business plan that provides the foundation for achieving strategic alignment of operational plans and individual objectives.
This seminar highlights:
- The difference between good and bad strategies
- Improving the performance of an existing company/division/department when faced with major change in business conditions
- Balancing financial and non-financial objectives and goals
- Growing an existing company/division/department
- Aligning all activity to focus on the strategic goals and not be distracted by less important issues.
Objectives
The central objectives of this training course are as follows:
- 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 and for yourself
- Identify the principles and mechanisms that drive successful implementation
- Develop measurable action plans that result in success
- Identify, measure, and track critical success factors
Who Should Attend?
This training seminar provides a vital knowledge base to prepare for greater responsibility and moving into more senior roles. It will benefit managers who are about to take on strategic responsibility; those who have recently done so and more established senior managers who want to update their knowledge, including:
- Business Managers
- Team Leaders
- Process Leaders
- Functional Managers
- Project Managers
- Newly-appointed senior managers
TRAINING METHODOLOGY
This highly interactive training programme encourages delegate participation through a combination of short lectures, large and small group discussion, practical exercises, case studies, and breakout sessions to practice new skills. The comprehensive programme manual has been designed to be practical, and easy to use. Delegates will gain the skills and motivation they need to design, develop and implement powerfully simple strategies.
Outline
DAY 1 Strategic Thinking and Making Things Happen
- The essence of strategy – core concept and definition of terms
- The difference between good strategy and bad strategy
- How we think strategically - Analytical and Creative thinking
- Leadership and management, comparing the strategic and operational levels
- Strategic and operational goals – the significance and difference
- Two key roles: Chief Executive Officer; Chief Operating Officer
DAY 2 Strategic Planning – The Power of Business Analysis
- Understanding the concepts of “corporate strategy”, “business strategy” and the “business model”
- Vision, Values, Mission and Goals – case examples and guidelines
- Practical group exercise on Vision and Mission Statements
- Understanding the impact of Globalisation
- Cost-based strategies versus differentiation-based strategies
- Competitive strategy and ‘blue sky’ alternatives
DAY 3 Strategy Development, Choice and Operationalisation
- Levels of strategy: Corporate, Business and functional
- Using the Strategic Management System
- Analysing your business environment
- How to evaluate your organization’s competencies and capabilities
- Resource-based approaches to strategy
- Strategic choice – how to make strategy selection decisions
DAY 4 Embedding Strategy in the Organisation
- How to manage strategic risk
- Uncertainty and scenario planning
- The relevance and contribution of strategy maps and balanced scorecards
- Alignment of operations with strategy
- Key Results Indicators and strategic performance measurement
- Integrating strategic and operational management processes
DAY 5 Bringing It All Together
- Managing implementation – effective execution of strategy
- Stakeholders and communications
- Building a strategy/business planning team
- The future of strategic management
- Overview of the whole course
- Action planning and next steps
Certificates
A Certificate of Completion will be issued to those who attend & successfully complete the programme.
Schedule
08:30 – 10:15 First Session
10:15 – 10:30 Coffee Break
10:30 – 12:15 Second Session
12:15 – 12:30 Coffee Break
12:30 – 14:00 Third Session
14:00 – 15:00 Lunch
Training Methodology:
This interactive training course includes the following training methodologies as a percentage of the total tuition hours:
- 30% Lectures, Concepts, Role Play
- 30% Workshops & Work Presentations, Techniques
- 20% Based on Case Studies & Practical Exercises
- 20% Videos, Software & General Discussions
- Pre and Post Test
Fees
The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is:
- Last updated on .