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Strategy Setting & Planning

by on January 6, 2015

Objectives

 

In this workshop you will learn How to set a strategy and understand the phases that a strategy goes through. This workshop will prepare participants to prepare and learn to choose the right strategy for the business. Specifically, it will provide:

 

  • The specific vocabulary of Strategic management
  • Sequential steps towards strategy formulation
  • Supporting tools and methodologies in the market by vendors and consultants

Who Should Attend?

  • Top Managers
  • Project Managers
  • Senior Project Team Members

Workshop Topics:

  • What is  strategy  and why  is  it  important?
  • Strategy Planning Phases
    • Phase 1: Developing a Strategic Vision
    • Phase 2: Setting Objectives
    • Phase 3: Crafting a Strategy
    • Phase 4: Implementing and Executing the Strategy
    • Phase 5: Evaluating Performance and Initiating Corrective Adjustments
  • Thinking Strategically: The  Three  Big  Strategic  Questions
  • Making Strategic  Choices
  • Strategic Approaches  to  Building  Competitive  Advantage
  • Strategic Approaches  to  Building  Competitive  Advantage
  • Developing a  Strategic  Vision
  • Characteristics of  a Mission  Statement
  • Linking the  Vision With  Company  Values
  • Setting Objectives
  • Characteristics of  Objectives
  • Balanced Scorecard  Approach – Strategic  and  Financial  Objectives
  • The Hows  That Define  a  Firm’s  Strategy
  • Levels of  Strategy-Making
  • Implementing and  Executing  Strategy
  • Characteristics of Good  Strategy  Execution
  • Evaluating Performance  and Making  Corrective  Adjustments
  • Benefits of  a  “Strategic Approach”  to  Managing
  • Analyzing a  Company’s  External Environment
  • The Components  of  a Company’s  Macroenvironment
  • What Are  the  Typical Weapons  for  Competing ?
  • Factors to  Consider  in Assessing  Industry  Attractiveness
  • Evaluating How Well a Company’s Present Strategy
    Is Working
  • Sizing Up a Company’s Resource Strengths and Weaknesses and Its External Opportunities and Threats
  • Analyzing Whether a Company’s Prices and Costs Are Competitive
  • Assessing a Company’s Competitive Strength
  • Identifying the Strategic Issues that Merit Managerial Attention
  • Evaluating How Well a Company’s Present Strategy
    Is Working
  • Sizing Up a Company’s Resource Strengths and Weaknesses and Its External Opportunities and Threats
  • Analyzing Whether a Company’s Prices and Costs Are Competitive
  • Assessing a Company’s Competitive Strength
  • Identifying the Strategic Issues that Merit Managerial Attention
  • Why Companies Expand into Foreign Markets
  • Cross-Country Differences in Cultural, Demographic, and Market Conditions
  • The Concepts of Multi-country Competition and Global Competition
  • Strategy Options for Entering and Competing in Foreign Markets
  • The Quest for Competitive Advantage in Foreign Markets

 


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