Advanced Strategic Management

ICTD International Centre for Training and Development

ICTD International Centre for Training and Development

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Who should attend

This training course is designed for:

  • 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

About the course

This course is designed for individuals in advanced management positions who participate in organizational planning and/or who want to become more competitive on a personal or company/organization level.

Course Objectives

The goal of the course is to give delegates an in-depth understanding of the following macro-areas:

  • strategic planning tools
  • roadmaps to develop strategic planning
  • financial planning
  • effective implementation

Course Outline

FORMULATING STRATEGY TO ACHIEVE VISION

  • Agree vision, mission, culture and values of organization
  • Analyze where organization is now
  • Decide where the organization 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, practice 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

Course Methodology

A variety of methodologies will be used during the course that includes:

  • (30%) Based on Case Studies
  • (30%) Techniques
  • (30%) Role Play
  • (10%) Concepts
  • Pre-test and Post-test
  • Variety of Learning Methods
  • Lectures
  • Case Studies and Self Questionaires
  • Group Work
  • Discussion
  • Presentation

Videos and materials

Advanced Strategic Management at ICTD International Centre for Training and Development

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

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