Business Strategy Training
Training Overview
This five-day “Business Strategy” training programme is designed to provide participants with a thorough understanding of strategic management principles and their application in real-world scenarios. This course will equip you with the tools to conduct comprehensive strategic analysis, craft strategic directions, and effectively operationalise and lead organisational change.
Learning Outcomes
By the end of this training, participants will:
- Understand key concepts of Business Strategic Management.
- Analyse the external business environment and its impact on strategy formation and implementation.
- Identify internal resources and capabilities to develop competitive advantages.
- Evaluate organisational and Business strategies from multiple perspectives.
- Critically analyse competitive internal and external environments and draw implications for strategy design and implementation.
- Formulate business, corporate, and network-level strategies using appropriate tools and methods.
- Enhance critical thinking and analytical skills to challenge assumptions in strategic management.
- Develop analytical and writing skills in a time-constrained setting.
Training Structure
Day 1: Strategic Analysis
- Conducting comprehensive environmental scans
- Identifying stakeholder needs and influences
- Evaluating organisational resources and capabilities
- Understanding VMOST (Vision, Mission, Objectives, Strategy, Tactics) for strategic alignment
- Analysing current business strategy and identifying gaps
Day 2: Crafting Strategic Directions
- Framing the strategic vision and mission
- Setting organisational objectives and key results (OKRs)
- Developing key success factors (KSFs) and performance indicators (KPIs)
- Mapping strategic priorities and initiatives
- Aligning departmental roles with strategic goals
Day 3: Strategy Operationalisation
- Formulating operational strategies to support the strategic vision
- Constructing a strategic roadmap for execution
- Planning resource allocation for strategic initiatives
- Establishing effective communication plans for strategy rollout
- Conducting strategy execution workshops
Day 4: Leading Organisational Change
- Applying Kotter’s 8-Step Process for leading change
- Managing and leading change across organisational boundaries
- Building and leading a strategic leadership team
- Monitoring change impact on operational metrics
- Reinforcing change and organisational commitment
Day 5: Overcoming Resistance to Change
- Recognising and addressing the psychological impacts of change
- Leading teams through various stages of change
- Developing resilience and adaptability in teams
- Crafting strategies to enhance employee engagement with change
- Reviewing and adapting change strategies for continuous improvement
Training Materials:
- Comprehensive training manual covering all topics discussed during the training.
- Case studies, examples, and practical exercises for hands-on learning.
- Access to online resources and additional reading materials for further exploration of strategic management concepts.
Who Should Attend:
- Mid-level and senior managers
- Business owners and entrepreneurs
- Strategy and planning professionals
- Anyone involved in strategic decision-making within their organization
Why Choose This Training:
- Comprehensive Coverage: Gain a thorough understanding of strategic management principles over five days.
- Interactive Learning: Engage in interactive sessions, case studies, and practical exercises to apply concepts to real-world scenarios.
- Expert Instruction: Learn from experienced trainers with extensive knowledge in strategic management.
- Up-to-Date Knowledge: Stay informed about the latest trends and best practices in strategic management.
Takeaways
By the end of this training programme, participants will:
- Have the tools to analyse an organisation’s current position for effective business strategic management.
- Understand the importance of creating a vision and devising robust plans to achieve it.
- Recognise the role of stakeholders and how to engage them for successful business strategic management.
- Assess and allocate resources efficiently to maximise capacity and capability.
- Develop a practical action plan to implement the knowledge and skills acquired during the training.
Training Details
Equip yourself with the knowledge and skills to drive your organisation’s strategic success. Enrol in the “Business Strategy” training today and take the first step towards mastering strategic management for your organisation’s growth and resilience. Contact us now to reserve your spot and ensure you are prepared to lead with confidence in today’s dynamic business environment.