COURSE OBJECTIVES:
By the end of this training program, candidates will be able to:
- Understand the concepts and the differences between of strategy, planning, goals and tactics.
- Demonstrate how the operating unit’s strategic plan contributes to the organization’s strategic plan.
- Master the steps in building a useful strategic plan.
- Recognize and Review your options during the process to optimize your results.
- Create clear, simple communication tools.
- Build a solid strategic plan that is unique to your organization.
- Develop a realistic implementation plan.
- Measure your results to make sure the organization is achieving its objectives.
THE PROCESS:
The training process is a blend of presentation, small group work on real company case studies, demonstration of template examples and practical exercises. Bring your own strategic challenges for input. Included in the manual is a comprehensive bibliography.
THE RESULTS:
- Obtaining “Best practice” planning tools.
- More effective planning process leading to more accurate measurement of success.
- Better decision making on more choices.
- Improved efficiency in the planning and implementation process reducing wasted time.
- More effective implementation.
BENFITS:
- Faster results from your efforts.
- Better results for your efforts.
- More confidence in your abilities to exceed goals.
- Far greater motivation and proactively.
CORE COMPETENCIES:
This program aims to enable participants to develop the following competencies:
- Strategic thinking.
- Problem-solving.
- Prioritization.
- Best practice tool use.
- Communication.
- Implementation.
- Accurate & useful measurement systems.
- Change management.
- Business analysis.
- Team working.
- Presentation skills.
- Creativity.
PROGRAM CONTENT:
DAY 1: Strategy – what is it and how to effectively create it?
- Introduction to strategy - major international concepts on what it is & what it is not?
- Developing and using Strategic Thinking.
- Vision, Mission and Strategy: the relationships between & how to create the natural flow between them.
- The steps involved in developing a strategy: a checklist.
- Understanding your Unique Competitive Advantage & how to state it.
DAY 2: The Planning Process
- How to build and manage a strategic planning team.
- Strategy Matrix: understanding options and analysing business attractiveness.
- External analysis: using the PESTLE tool to gain insight & Market analysis.
- Goals & Objectives: the specifics are critical (Short-term, Medium-term, Long-term).
- Contingency planning because something always goes wrong.
DAY 3: Communication – the challenge of getting everyone on the same page
- Using multiple channels to get the message across.
- Leveraging people’s learning styles to communicate more effectively.
- Using your Emotional Intelligence.
- Dealing with resistance effectively.
- Setting up a Rewards system.
DAY 4: Strategic Implementation
- Effective implementation - converting planning into action.
- Planning the implementation: Using a project management tool.
- Setting expectations: benchmarks, hurdles, milestones.
- Using the Deming model: Plan-Do-Study-Act (PDCA) to increase success.
- Developing action plans that work.
DAY 5: Measurement for Success
- How to develop accurate and relevant measurement systems.
- Separating the KPIs from everything else.
- Blending the financial and non-financial measurements - the balanced scorecard concept.
- Using the Balanced Scorecard as a Tool of Success.
- Using variances analysis to manage the plan.
This is an ONLINE training program.