Advanced Strategic Management
Course Information:
Venue: | Duration: | Date: | Price: |
---|---|---|---|
Online | 20 hours | Flexi-date | £2,500.00 |
In-House | Agreed with client | Flexible | POA |
London | 10 days | 31-Jan | £5,900.00 |
London | 10 days | 02-May | £5,900.00 |
London | 10 days | 01-Aug | £5,900.00 |
London | 10 days | 31-Oct | £5,900.00 |
Who should attend?
- Chief Executive Officers
- Directors
- Company Secretaries
- Presidential advisors
- Ministerial advisers
- Board Advisers
- Chief Financial Officers
- Board Members
- Heads of Department
- Directors of Human Resources
- Directors of Business Development
- Strategic Advisors
- Senior Managers
- Project Directors
Accreditations
Outcomes
- Create strategies which will enable an organisation to achieve its vision, goals and objectives
- Develop supporting systems and structures to underpin and ensure the success of all strategies
- Apply relevant measures of progress to enable action to be taken to overcome any challenges to the implementation of the strategies
- Generate commitment from all stakeholders to increase strength of support for the successful implementation of the strategic plan
- Identify and use the key approaches and methods of communication to ensure transparency and openness
- Appreciate how important leadership is in the management and implementation of strategies and incorporate this knowledge in future strategic planning
- Anticipate and evaluate likely and unlikely risks and incorporate this analysis into strategic management, while enabling a quick and flexible response to internal and external changes
- Identify those factors which contribute to the failure of the majority of all strategies and prevent or overcome those
- Revise, refresh and develop those key strategic management skills which enable strategic plans to be implemented effectively
COURSE TOPICS:
Formulating Strategy to Achieve Vision
- Agree vision, mission, culture and values of organisation
- Analyse where organisation is now
- Decide where the organisation wants to be, and by when
- Selecting best strategic options to get there
Structures, Processes and Procedures
- Budget creation, monitoring and control
- Costing techniques and margin management
- Resource allocation and balancing priorities
- Creating systems to monitor effectiveness of implementation
Measurement and Reporting
- Setting long-term goals and manageable short-term targets
- Building contingencies into the strategy
- Measuring at clearly-defined milestones
- Reporting and incorporating feed-back
Stakeholder Identification
- Identify who affects or is affected by proposed strategy (stakeholders)
- Encourage stakeholder ownership through involvement in strategy creation
- Clarify benefits and implications for each group of stakeholders
- Turn resistance into support
Systematic Strategic Communication
- Two-way communication for stakeholders to inform and be informed
- Clear, concise and relevant messages from the best messenger
- Identify and use a variety of methods and channels
- Gain commitment through frequency of communication
Leadership and Strategic Decision-Making
- Importance of leadership in implementing successful strategies
- High-profile leadership which inspires and motivates
- Decisive, speedy and consistent decision-making
- Persistent follow-through on all decisions to produce results
Risk and Crisis Management
- Identify all risks, evaluate potential impact and mitigate accordingly
- Incorporate strategic flexibility to respond to internal and external changes and pressures
- Prevent issues becoming risks then turning into crises
- Create, practise and be prepared to implement crisis plans
Prevent Failure of Strategies
- Recruit and retain people with appropriate skills, experience and track record
- Clarify and communicate roles and responsibilities
- Encourage creative problem-solving and constructive conflict resolution
- Promote unity within teams and harmony between teams
Skills for Success
- Communication, including: presentations, meetings, oral, listening, body language and written
- Delegation to increase productivity
- Negotiation and influencing skills for a win-win for all
- Time management for minimum effort to produce maximum results