(Duration: 2 days)

Introduction

Crafting and executing strategy are top-priority managerial tasks for two big reasons. First, there is a compelling need for managers to proactively shape how the company’s business will be conducted. A clear and reasoned strategy is management’s prescription for doing business and it is a road map to a competitive advantage; and winning in the marketplace requires a well-conceived opportunistic strategy.

Second, a strategy-focused organization is more likely to be a strong bottom-line performer than an organization that views strategy as secondary and puts its priorities elsewhere. The quality of managerial strategy making and strategy execution has a highly positive impact on earnings, cash flow, and return on investment. Good strategy and good strategy execution are the most trustworthy signs of good management.

Course Objective

Upon completing this course, the participants will be able to:

· Appreciate the basic principles of strategic management

· Explore what “good strategic thinking” entails

· Present the core concepts and tools of strategic analysis

· Describe the ins and outs of crafting and executing strategy

Course Contents

Overview of Strategic Management

· Understanding the importance of strategy and strategic management process

· Diagnosis of a company’s external and internal environment

· Understanding some concepts and analytical tools for assessing the company’s external environment and its resources and competitive position.

Strategy Development and Execution

· Learning how to craft a strategy

· Understanding the essential managerial components for successful execution.

· Learning the managerial actions that facilitate strategy execution.

Development of Leadership Skills

· The various strategic roles of a Manager

· The skills required from a Manager

· Leadership skills

Methodology

This program will incorporate the use of participative and interactive facilitation techniques and group discussions to draw out key issues central to the role of a manager.

Who Should Attend?

Managers, Executives, Supervisors and all high potential staff in the organisation.