Strategic Management

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