Course Description

Organization’s leadership ability for turning strategy into action and results determines the likelihood of its success or failure. This training course will offer participants a robust practical framework to formulate, develop, and implement plans to achieve strategic goals and realise their vision. The course elaborate on how to break out of reacting to day-to-day problems, building a team or organization that is more proactive and resilient to change. The course will be built on a comprehensive strategic management system that will guide on the steps needed to develop the right strategy. This will help achieve strategic alignment of operational plans and individual objectives with the business model.

Learning outcomes

By the end of this course the participants will be able to:

•    Learn how to develop a plan to achieve their goals as well as those for their organizations.

•    Develop strategic thinking in their organizations

•    Develop a strategic plan for their organizations

•    Identify the principles and mechanisms that drive successful implementation of strategic plans

•    Develop measurable action plans that result in success of strategic planning

•    Understand different business models and how they relates with strategy

Who should enroll?

This training course is ideal for 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. Such includes: business managers, team leaders, process leaders, functional managers, project managers and newly-appointed senior managers.

Why train with us

Vital Extra Learning guarantees our clients:

•    State-of-the-art facilities and training infrastructure

•    Extended tradition of hand-holding during post engagement

•    Service delivery through highly seasoned industry experts.

•    Value for money

TOPICS TO BE COVERED

Module 1: Strategic Thinking and Planning

• Exposition of the concept of strategy 
• Good strategy vs bad strategy
• Thinking strategically and its application in organizations
• Leadership and management of strategy
• Strategic goals vs operational goals
• Application of strategic management system

Module 2: Business Analysis for Strategy Development

• The concept of business model
• Vision, values, mission and goals
• Business environment analysis
• Evaluation of organizations competencies and capabilities
• Resource-based approaches to strategy

Module 3: Strategy Development, Choice and Translation

• Levels of strategy: corporate, business and functional
• Competitive strategy – strategy as position
• Emergent strategies – strategy as patterns
• Uncertainty and scenarios – strategy as plans
• Strategic choice – how to select the best strategy
• Translating strategy with strategy maps and balanced scorecards

Module 4: Implementation of Strategy in Organizations

• Strategy communication
• Stakeholder management in strategy implementation
• Managing strategic risks
• Strategy alignment with organizational operations
• Measurement of strategic performance
• Effective execution of strategy implementation
• Integration of strategic and operational management processes

Module 5: Bringing It All Together

• Ensuring cohesiveness in strategy planning teams
• Tools for analyzing business models and strategies
• Dealing with psychological bias 
• Action planning