Strategic Thinking and Planning

Place- الموعد Date - المكان
2017-04-09 00:00:00 Turkey
2017-09-10 00:00:00 Dubai
2017-12-10 00:00:00 Casablanca

Course Objective

·         Apply strategic thinking to analyze their current environment and determine 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 objective, 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 strategy.

 Who Can Benefit?

·         All managers, supervisors  and  senior professionals who are involved in influencing, formulation of supporting the long term planning and strategy of their department and/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 program managers, business unit and department managers and business analysts

Course outline

·         Strategic Thinking and Planning

o    The Strategic Management Process
o    Strategic Thinking versus Strategic Planning
o    The Strategic Planning and Control Process
o    Benefiting from Strategic Management
o    Moving from Strategy to Organizational Planning

·         Analysis of the Environment

o    The 5 Cs of Competitive Analysis
o    Porter’s 5 Forces
o    The SWOT Analysis
o    The PEDESTL Analysis
o    Using the Balanced Scorecard
o    Succeeding in Strategic Analysis

·         Vision and Mission Statements

o    Using Vision and Mission Statements
o    What is a Vision? What is a Mission?
o    Formulating Vision and Mission Statements
o    Embracing Organizational Values
o    Communicating the Vision, Mission and Values

·         Assessing Strategic Choices

o    The 3 Primary Goals of Competitive Strategy
o    Determining Where to Play (Business Definition)
o    Porter’s Generic Competitive Strategies
o    Innovating in the Industry Value Chain
o    Developing a Competitive Advantage ‘How to Win’

·         Strategic Objectives, KPIs and Targets

o    Ensuring Strategic Alignment in the Organization
o    Developing Effective Strategic Objectives
o    Using of Key Performance Indicators (KPIs)
o    Developing Different Types of KPIs (Lead/Lag)
o    Setting SMART Targets

·         Developing Operating Plans

o    Cascading from Vision to Action Plan
o    Using Critical Success Factors (CSFs)
o    Criteria for Effective Action Plans
o    Developing Strategic Initiatives
o    Developing Departmental Plan
o    Managing the Execution of Strategy