Strategic Planning, Communication, Measurement & Implementation

Day 1:

Strategy – what is it and how to effectively create it?

• Introduction to strategy - major international concepts on what it is AND is not

• Developing and using Strategic Thinking

• Vision, Mission, and Strategy: the relationships between & how to create the natural flow between them

• The steps involved in developing a strategy: a checklist

• Understanding your Unique Competitive Advantage & how to state it

• Formulating strategy and managing change

• Creating a corporate culture of consistent strategic development

• The essence of globalization and global strategy

• Review of Day 1

Day 2:

Apply what we have learned using a Case study, template & practical exercise

The planning process

• How to build and manage a strategic planning team

• The framework of a strategy: avoiding 'paralysis by analysis'

• Using effective tools such as the “new” SWOT, Porter’s 5-Forces, GE, etc.

• Strategy Matrix: understanding options and analyzing business attractiveness

• External analysis: using the PESTLE tool to gain insight & Market analysis

• Determining the right strategies for the organization

• Goals & Objectives: the specifics are critical

  • Short-term

  • Medium-term

  • Long-term

• Contingency planning because something always goes wrong

• Documenting the plan

• Review of Day 2

Day 3:

Apply what we have learned using a Case study, template & practical exercise

Communication – the challenge of getting everyone on the same page

• How do we communicate the plan?

• Using multiple channels to get the message across

• Leveraging people’s learning styles to communicate more effectively

• Communicating strategy through the organization

• Using Your Emotional Intelligence

• Dealing with resistance effectively

• Setting up a Rewards system

• Celebrating success – but not stopping the momentum

• Review of Day 3

Day 4:

Apply what we have learned using a Case study, template & practical exercise

Strategic Implementation

• Effective implementation - converting planning into action

• Planning the implementation: Using a project management tool

• Setting expectations: benchmarks, hurdles, milestones

• Creating Team & Tasks

• Setting accountability in place

• Using the Deming model: Plan-Do-Study-Act (PDCA)to increase the success

• Developing action plans that work

• Documenting & Doing

• Review of Day 4

Day 5:

Apply what we have learned using a Case study, template & practical exercise

Measurement for Success

• How to develop accurate and relevant measurement systems

• Separating the KPIs from everything else

• Blending the financial and non-financial measurements - the balanced scorecard concept

• Organization performance review as a baseline

• Using the Balanced Scorecard as a Tool of Success

• Linking the BSC to the strategic (flexible) budget

• Using variances analysis to manage the plan

• Review of Day 5