Course Info
Code MG2-143
Duration 5 Days
Format Classroom
Course Summary
This course aims to fortify participants' abilities in strategy formulation and execution, recognising the indispensable role of agility in today's dynamic business landscape. Effective leaders adeptly balance their involvement within and outside their organisations. Through this programme, participants will learn to anticipate and strategically address forthcoming challenges and opportunities. By amalgamating robust analysis methodologies with established thinking tools, participants can empower their organisations to navigate the uncertainties and complexities of the contemporary world.
Upon completion of this course, participants will be able to:
- Articulate the foundational business model underpinning strategy.
- Integrate critical and creative thinking into strategic planning.
- Assess the impact of external changes on organisational dynamics.
- Recognise and leverage individual and team capabilities for strategic planning.
- Effectively engage and maintain support from stakeholders through communication.
- Cultivate productive partnerships conducive to strategy implementation.
- Craft succinct and compelling strategy statements.
- Appreciate how planning processes facilitate agile responses.
- Develop proficiency in aligning strategic objectives with operational goals.
This course caters to a diverse audience but is particularly beneficial for:
- Managers seeking to enhance their agility and strategic acumen.
- Technical professionals aiming to broaden their skill set.
- Non-executive personnel with aspirations for career advancement.
Course Content & Outline
Section 1: Fundamentals of Strategy Development
- Clarifying strategic terminology and concepts.
- Conducting industry and environmental analysis.
- Establishing objectives and selecting strategic pathways.
- Ensuring alignment of strategies with organisational goals.
- Contingency planning and risk assessment.
- Understanding and addressing stakeholders' needs.
- Effective management and analysis of stakeholders.
Section 2: Decision Making and Strategy Implementation
- Delegation strategies and decision-making frameworks.
- Formulating strategic plans to generate value.
- Implementing VUCA Prime principles for adaptability.
Section 3: Communication Strategies
- Interpersonal and organisational communication techniques.
- Mitigating communication barriers and noise.
- Enhancing persuasion and negotiation skills for effective communication.
Section 4: Monitoring and Control Mechanisms
- Utilising strategy maps for visualising strategic objectives.
- Evaluating strategic components to ensure success.
- Information management, monitoring, and control mechanisms.
- Recognition and incentivisation of strategic achievements.
Section 5: Organisational Dynamics and Innovation
- Understanding the influence of organisational structure and culture.
- Cultivating a culture of learning and continuous improvement.
- Distinguishing between continuous improvement and innovation.
- Fostering a culture conducive to innovation and creative problem-solving.
- Addressing cultural attitudes that impede progress.
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