Strategic Management

Strategic Management

Strategic Management

INTRODUCTION

In these turbulent times, leaders need to focus on what will drive their business enterprise through the obstacles of success. This powerful program offers solutions to any leader who must continue to deal with the economy and make smart decisions about such important elements as new business strategies, succession planning and the use of intellectual capital to sustain and grow their business.

This 10-day program begins with a week on Strategic Management which develops the skills behind strategic thinking and developing good strategies to support the strategic planning function.  This session looks at many contemporary theories that focus on the best approaches to take to use resources wisely to stay the course of continuous improvement.  .

Week two of this program focuses on The Art of Leadership and on how a leader takes on the responsibilities of implementing new strategies and developing their human assets to support the enterprise.  This session goes deep into the heart of a true leader and helps any leader/manager understand what makes an effective leader in the modern organization.  This session is the catalyst behind what makes a successful strategic plan work in the real world.

WHO SHOULD ATTEND?

Suitable for any professional who is engaged in the functions of strategic planning, developing new strategies of how to use their resources wisely, or leading the changes required to make their organization a success

PROGRAM OBJECTIVES

  • Expand your understanding of how Strategic Thinking has developed and used by managers and leaders
  • Develop an understanding or the process of  Strategy Formation and Implementation within any organization
  • Link the Strategy of a firm with the Desired Outcomes of Revenues, Profits, and Growth through Value Creation and Market Focus
  • Recognize factors that require change in your organization and how to lead the changes in your business unit
  • Demonstrate the leadership core skills of Communication and Inspiration; Systems Thinking and Emotional Intelligence
  • Use personal influence and develop political savvy to network and influence people effectively
  • Apply a change management model for communicating and implementing change
  • Tap into and “inner power” to gain self confidence and strength
  • Get the most productivity out of each employee

TRAINING METHODOLOGY

This program is an interactive mixture of lecture, discussion groups, team activities and practice on various case studies and video sequences.  It provides the latest instructional technologies to enable the delegate to learn and apply the skills and techniques used in the programs

 

PROGRAM SUMMARY

  • Understand the business of strategies making and planning
  • Develop the skill of Strategic Thinking and Managing
  • Develop essential leadership qualities to enable growth and capacity to lead
  • Build a following by Building Trust
  • How to Inspire people into productive contributors
  • The ability to pursued other people to change
  • Insight into your own Leadership Style
  • Relate Action Plans to strategic initiatives and individual performance
  • Create conditions that foster Achievement of Strategic Initiatives within the firm when strategy changes
  • Recognize and communicate to others the drivers for strategic change within your organization

PROGRAM OUTLINE

DAY 1

Strategy Concepts

  • Recognize strategies within your firm as they are communicated and implemented
  • Recognize the pervasiveness of strategy in organisations
  • Identify the key strategies for every firm
  • Distinguish between the process of creating strategy and the content of strategy

DAY 2

The evolution of Strategic Thinking

  • Follow the progression of strategic thinking in business and anticipate where strategy may next develop
  • Speak to the different conceptual frameworks from which strategic thinking has developed and identify which are active in your organization
  • Recognize the commonalities that exist relative to different approaches of developing and implementing a strategy
  • Articulate the conceptual framework of strategy that your firm uses today

DAY 3

Strategy Formation: A process for creating strategy

  • Recognize different approaches to creating strategy within an organization
  • Identify the applicability of a particular approach with the characteristics of a firm and of the environment the firm faces
  • Match different processes to specific issues or situations that could develop in your firm
  • Strategy in the organization
  • Connect the relationship between strategy formation and implementation and day-to-day activities
  • Recognize how strategy is created and implemented at multiple levels of the organization
  • Assess how strategy formation relates to the complexity of your organization and organizational structure and decision making

 

DAY 4

Strategies for growth, profitability and value creation

  • Articulate the traditional view of growth and profitability and how that has changed in the last decade
  • Identify means by which an organization can grow and determine which means your organization is using at the moment
  • Relate Profitability to Value Creation for the customer
  • Strategy as the daily focus of the firm
  • Recognize Strategy as it is delegated through the organization into daily activities
  • Relate Action Plans to strategic initiatives and individual performance
  • Create conditions that foster Achievement of Strategic Initiatives within the firm when strategy changes
  • Recognize and communicate to others the drivers for strategic change within your organization
  • Use insights from past experiences with business and personal change to support the process of strategic change in your company
  • Increase the potential for strategic change in your organization by managing your business in alignment with the strategy direction of the firm

DAY 5

Engaging the organization in Strategic Thinking

  • Ask Strategic Questions that relate to your work to the organisation’s direction and strategic initiatives
  • Formulate Strategic Hypotheses that suggest directions for the firm to consider

Carry on Strategic Conversations that you want to have when you return to your workplace