Day 1: Strategy – what is it and how to effectively create it?
- Developing and using Strategic Thinking.
- Vision, Mission and Strategy: the relationships between & how to create the natural flow between them.
- Understanding your Unique Competitive Advantage & how to state it.
- Creating a corporate culture of consistent strategic development.
- The essence of globalisation and global strategy.
DAY 2: The Planning Process
- How to build and manage a strategic planning team.
- Using effective tools such as the “new” SWOT, Porter’s 5-Forces, GE, etc.
- Strategy Matrix: understanding options and analysing business attractiveness.
- External analysis: using the PESTLE tool to gain insight & Market analysis.
- Determining the right strategies for the organisation.
Day 3: Driving Radical Innovation
- Lateral thinking and Systemic innovation.
- Leveraging the power of diversity.
- Cultivating creativity.
- Managing change creatively.
- Implementing innovation.
Day 4: Strategic Implementation
- Effective implementation - converting planning into action.
- Planning the implementation: Using a project management tool.
- Setting expectations: benchmarks, hurdles, milestones.
- Using the Deming model: Plan-Do-Study-Act (PDCA) to increase success.
- Developing action plans that work.
Day 5: Measurement for Success
- Separating the KPIs from everything else.
- Organisation performance review as a baseline.
- Using the Balanced Scorecard as a Tool of Success.
- Using variances analysis to manage the plan.
- Case-Study.