Description

Strategy in a Day

Success in 21st century organisations is more dependent than ever on being able to convert long term vision and goals in to detailed operating plans and, even more critically, employing an effective strategic management framework to ensure successful execution.

Being able to think, plan and implement in a strategic way is becoming increasingly called upon in many more management roles. Our practical one-day expert workshop is designed for anyone wanting to develop the knowledge and skills required to take on a strategic role or management position.

Learning objectives

After completing this course Participants will be able to:

Understand the purpose and key components of business strategy

Use an effective framework for developing and executing strategy

Apply powerful strategic analysis tools to inform strategy development

Evaluate strategic options using established frameworks for strategy formulation

Develop and apply a winning business model for their organisation

Use effective tools to manage and control strategy implementation

Identify some common causes of strategic failure

Basic principles

What strategy is and why it's important

A framework for strategic development and management

Vision, values, goals and mission

Developing a winning strategy

The components of strategy

Sources of competitive advantage

Strategic analysis tools: PESTLE, Five Forces and SWOT analysis

Porter's generic strategies

The Strategy Clock

The Blue Ocean strategy framework

Putting strategy in to action - defining your business model

Defining your customer value proposition

Understanding the profit formula for your business

Building strategic capability

Managing strategic implementation and performance

Strategic management tools: strategy maps and balanced scorecard

Converting big goals in to SMART objectives

Identifying the key success factors for your industry

Selecting the right measures and setting targets

The role of budgeting in strategic management

Measuring and improving shareholder value

Monitoring and controlling strategic performance

Identifying and managing strategic threats

Analysing and managing risk

Testing and adapting your strategy

Learning from strategic failure: Kodak and Nokia

Understanding and dealing with business model disruption

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Strategy in a Day

By Maximum Performance

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