Business Strategy Construction

Course Overview

Crafting and developing a business strategy constitutes a multifaceted, intricate, and rigorous undertaking. The selection of a viable strategy is paramount for ensuring the continual success of an organisation within an ever-changing and unpredictable economic landscape. Strategies must possess flexibility, adaptability, and necessitate ongoing monitoring and review to ensure future sustainability. This course aims to furnish delegates with an understanding of strategy and its significance in the sustenance and expansion of an organisation. Additionally, it will underscore the imperative of aligning the company’s strategic advantages with the prevailing business environment.

Course Objectives

  • Grasping the significance of strategic planning
  • Formulate thorough strategies
  • Recognise the strategic impact of innovation and creativity
  • Appreciate the importance and impact of stakeholders
  • Assess and select strategic options
  • Define organisational Key Performance Indicators (KPIs) and Key Success Factors (KSFs)
  • Establish a monitoring and review framework
  • Comprehend the concept of the “three pillars of sustainability”

Who Should Attend

This engaging and challenging course is tailored for Directors, Managers, Senior decision-makers, and individuals seeking to identify and hone the skills requisite for mastering the principles of strategic thinking, planning, and execution.

Available Dates:
5 - 9 August, 2024Istanbul
18 - 22 November, 2024Barcelona
15 - 19 July, 2024Kuala Lumpur
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Course Profile

Building blocks of strategy

  • VMOST and stakeholder analysis
  • Assessing external threats and opportunities
  • Evaluating internal resources, capabilities, and practices
  • Developing strategies and tactics for internal and external analysis

 

Strategic management

  • Formulating strategy and creating alignment to establish organizational direction
  • Identifying Key Success Factors (KSF) and setting Key Performance Indicators (KPI)
  • Formulating operational and functional strategies

 

Strategy implementation

  • Developing a strategic leadership team to articulate and communicate the strategy
  • Crafting a strategic action plan for implementation
  • Adopting effective approaches to strategic implementation: reactive vs proactive

 

Monitoring and measuring performance

  • Establishing monitoring and review systems for strategic projects and initiatives
  • Evaluating operational performance and strategy alignment
  • Communicating and reporting on the strategic planning process

 

Strategic sustainability

  • Implementing the “three pillars of sustainability”
  • Employing tactics to maintain a competitive advantage
  • Harnessing innovation and creativity for future challenges

RESERVE A SEAT: Business Strategy Construction

Click on the date required

DateLocationSelect
5 - 9 August, 2024 Istanbul
18 - 22 November, 2024 Barcelona
15 - 19 July, 2024 Kuala Lumpur