The course enables participants to practice the development of each of the strategy management steps. They will act as organizational managers in developing each strategic component for an organization of their choosing. The most important strategy tools and frameworks will be discussed and put into practical use during the course.
Course Objectives
By the end of the course, participants will be able to:
· Apply strategic 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 cycle to ensure proper execution of chosen strategies
Target AudienceAll managers and senior professionals who are involved in influencing, formulating or supporting the long term planning and strategy of their department or organization, as well as those who are responsible for linking, measuring and improving the performance of the organization, including strategy or performance management professionals, balanced scorecard managers, business unit and department managers and business analysts.
Target Competencies
· Strategic thinking
· Strategic planning
· Operational planning
· Performance management
· Results orientation
· Data analysis
· Market analysis
· Critical thinking
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