Course Aims and Objectives:
This training course is designed to empower management executives with the knowledge and skills needed to excel in strategic planning and execution, integrating Key Performance Indicators (KPIs) for effective performance measurement. The primary aims and objectives of the course are:
- Strategic Management Proficiency: Provide management executives with a comprehensive understanding of strategic management principles and their practical applications in organizational settings.
- Effective Strategic Planning: Equip participants with tools and techniques for strategic planning, enabling them to formulate, implement, and evaluate strategic initiatives aligned with organizational goals.
- KPI Integration: Demonstrate the significance of KPIs in the strategic planning process, teaching participants how to identify, develop, and implement KPIs for performance measurement and strategic decision-making.
- Leadership in Strategic Context: Develop leadership skills specific to strategic management, including change management, stakeholder engagement, and fostering a culture of strategic thinking within the organization.
Course Methodology:
The course adopts a blend of interactive learning methods to ensure participants acquire both theoretical knowledge and practical skills:
- Lectures and Case Studies: Engaging lectures and real-world case studies provide insights into strategic management theories and illustrate their application in diverse organizational contexts.
- Workshops and Group Exercises: Hands-on workshops and group exercises encourage participants to apply strategic planning principles and develop practical skills in KPI identification and implementation.
- Simulation Exercises: Simulated scenarios and strategic planning simulations allow participants to practice decision-making in a risk-free environment, enhancing their ability to navigate complex strategic challenges.
Course Outcomes:
Upon completion of the course, participants will:
- Strategically Lead Organizations: Possess the knowledge and skills to lead organizations strategically, ensuring the alignment of activities with overall business objectives.
- Develop and Execute Strategic Plans: Demonstrate the ability to formulate, execute, and evaluate strategic plans, considering internal and external factors impacting organizational success.
- Utilize KPIs for Informed Decision-Making: Effectively identify, implement, and monitor KPIs to measure and evaluate organizational performance, supporting data-driven decision-making.
- Foster a Strategic Culture: Cultivate a strategic mindset within the organization, encouraging teams to think strategically and contribute to the achievement of long-term goals.
Target Audience:
This course is designed for mid- to senior-level management executives, department heads, and decision-makers involved in strategic planning and execution. It is suitable for those seeking to enhance their leadership skills and strategic thinking capabilities, particularly in the context of integrating KPIs for performance management.
Course Outline:
I. Foundations of Strategic Management
A. Understanding Strategic Management 1. Key Concepts and Frameworks 2. Strategic Alignment with Organizational Goals
B. Strategic Planning Essentials 1. Formulating Effective Strategies 2. Evaluating Strategy Execution
II. Strategic Leadership Skills
A. Leadership in a Strategic Context 1. Change Management Strategies 2. Stakeholder Engagement and Influence
B. Fostering a Strategic Culture 1. Developing a Strategic Mindset 2. Building Teams for Strategic Success
III. Effective Strategic Planning Techniques
A. Tools for Strategic Analysis 1. SWOT Analysis 2. PESTEL Analysis
B. Strategic Planning Models 1. Hoshin Kanri 2. Balanced Scorecard Approach
IV. Integration of KPIs in Strategic Planning
A. Introduction to Key Performance Indicators (KPIs) 1. Definition and Types of KPIs 2. Significance in Performance Measurement
B. Identifying and Developing KPIs 1. SMART Criteria for KPIs 2. KPI Selection Process
V. Implementing and Monitoring KPIs
A. Integrating KPIs in Strategic Initiatives 1. Aligning KPIs with Strategic Objectives 2. Communicating KPIs Across the Organization
B. Real-time Monitoring Strategies 1. Tools and Software for KPI Monitoring 2. Adapting KPIs to Changing Business Environments
VI. Practical Application and Case Studies
A. Case Studies on Successful Strategic Planning 1. Learning from Industry Examples 2. Analyzing Strategies That Led to Success
B. Group Exercises and Simulations 1. Applying Strategic Planning Concepts 2. Simulating KPI Implementation Scenarios
VII. Continuous Improvement and Adaptation
A. Feedback Mechanisms in Strategic Management 1. Collecting and Analyzing Feedback 2. Iterative Improvement Strategies
B. Adapting Strategies to Changing Dynamics 1. Managing Change in Strategic Context 2. Case Studies on Adaptive Strategic Planning
VIII. Conclusion and Action Planning
A. Recap of Key Learnings 1. Summarizing Strategic Management Concepts 2. Action Planning for Implementation
Location and Date
London 25 – 29 Nov 2024
EU Platform reserves the right to alter dates, content, venue and trainer.
Course Fee:
Per Participant: £5357
Student Rate: £2895
Discount for group of 5 or more.
Course Features
- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes