STRATEGIC MANAGEMENT

INTRODUCTION:

The future is full of opportunities; strategic thinkers are the people who will give these opportunities life and capitalise on them. In today’s fast changing business environment, leaders need broad perspective, vision, and an intrinsic awareness of the business trends and developments shaping their work.

Many leaders are too preoccupied with day-to-day tactics and think only in operational terms. This course will allow leaders to be more effective in an ever changing business environment.

Course Overview

In this training, participants will obtain the knowledge and understanding of various strategic tools and skill sets required to help leaders capitalize on the forces and events that are shaping their world.

The objective of this course is to help participants understand strategic analysis and its relevance for management, to aid the facilitation of new learning and provide opportunities for self-development.

In this course we will look at what strategy is, and whether we need strategy. We will look at the Ten main strategy schools, and we will also look at how to employ a five step strategy model. Strategic management is an ongoing process that evaluates and controls the business and the industries in which the company is involved

Starting from game theory and industrial organisation, we will outline general principles of consistent strategic management, and apply these principles to specific interactions in managerial settings.

Course Content

  • Understanding the current corporate situation
  • Conducting a S.W.O.T analysis
  • People audits and what they reveal
  • Current leadership capabilities & effective leadership
  • The environment and the competition
  • Critical success factors
  • Managing and stimulating the change process
  • Succession planning – Selecting the right people
  • Controlling and monitoring strategic development
  • Clarify the meaning of strategy and the principles that go with it.
  • Develop the skills and learn the principles necessary to think at a strategic level.
  • Learn how to apply five practical strategic tools that bring distinctive value to the organization.
  • Balance current demands while considering future opportunities to create economic value.
  • Use strategic-management and critical-thinking skills to gain a truly competitive advantage.