Introduction
“if you do not know where you are going anyway will take you there”
Setting a purpose of being, strategic priorities, goals, objectives and action plans is becoming a necessity in a world of uncertainties.
Strategic management becoming an essential skill to develop the road map and achieve the required results
Objectives
Understand what is strategy and strategic management.
Understand and apply the process of strategic management into organizations.
Understand and avoid the pitfalls of strategic management over people.
Embrace and manage the required change.
Target audience
Top Management
Middle management
Program Details
Training Methodology
In class session
Case study
Strategy workbook with templates
Training Outcome
What is strategy and strategic management and where it came from?
Analyzing Your Context and Environment
Identifying Strategic Options
Evaluating and Selecting Strategic Options
Strategy implementation
Outline
What is strategy and strategic management and where it came from?
Origin of Strategy.
Definition of Strategy.
How to be a strategic thinker?
Strategic management definition.
Strategic management process.
Analyzing Your Context and Environment
Analyze Your Environment
Pest
Porter’s 5 forces
Analyze Your Customers and Stakeholders
Stakeholders
Market segmentation
Marketing mix
Analyze Your Competitors
Usp
Competitive
Add value
Analyze Your Organization
Swot
Core competencies
Identifying Strategic Options
Understand corporate strategic options
Growth
Stability
Retrenchment
Understand business strategic options
Cost leadership
Differentiation
Focus
Examine Opportunities and Threats
TOWS
Root Cause Analysis
Appreciative Inquiry
Evaluating and Selecting Strategic Options
Evaluate Options
Cost-Benefit Analysis
Break-Even Analysis
Net Present Values (NPVs) and Internal Rates of Return (IRRs)
Decision Trees
Decision Matrix Analysis
Choose the Best Way Forward
Develop vision and mission
Develop strategic priorities
Understand how to develop values, goals and objectives
Develop long term goals
Develop short term objectives
Develop values
Understand and develop the required action plans and KPI’s
Develop action plans
Develop KPI’s
Strategy implementation
Understand the Three Cs of Implementing Strategy
Clarify Your Strategy
Communicate Your Strategy
Cascade Your Strategy
Execute strategy at the front line
Focus
Measurement
accountability
Duration
The training session is designed for 24 hrs of training over 3 Days
Each round with 20 participant
Delivery language
Presentation material in English or Arabic
Delivery in both Arabic and English
Prerequisites
Good command of English language