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The Art of Strategic Management Skills and Planning Function

Date: 12 November 2018 - 16 November 2018
Course ID: ADDS028/2018
Duration: 5 Days
Fee US$ - VAT is not included: 4,500 US$
Venue: London / UK
Category: Leadership, Management, Strategy, HR and Soft Skills

Introduction:

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

Objectives:

 Expand your understanding of how Strategic Thinking has developed and is used by managers and leaders

 Develop an understanding of 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

 Get the most productivity out of each employee

Daily Outlines:

Day 1

Strategy Concepts

 Recognize how strategic thinking has developed and how it influences strategies within your organization

 Understand the importance of vision and values to communicate strategy in organizations

 Identify the key strategies for every organization

 Distinguish between the process of creating strategy and the content of strategy



Day 2

The evolution of Strategic Planning and Strategic Thinking

 Follow the progression of strategic thinking in business and anticipate where strategy may next develop

 Identify the different conceptual frameworks from which strategic thinking has developed and identified which are active in your organization

 Recognize the commonalities that exist in different approaches to developing and implementing a strategy

 Articulate the conceptual framework of strategy that your firm uses today



Day 3

A process for creating and updating strategy

 Recognize different approaches to creating and updating 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



Day 4

Strategies for growth, profitability and value creation

 Articulate the link between growth and profitability in public and private sector organizations

 Understand the key factors that make the difference between strategic success and failure

 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



Day 5

Engaging your organization in Strategic Thinking

 Ask Strategic Questions that relate your work to the organization’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

 Review and raping up

Course Language:

English course

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