The course aims at consolidating leaders knowledge of business strategy design and providing a well-rounded understanding of the alignment of strategic and operational planning processes. Strategic planning is discussed as a value creation process where a traditional planning process is enriched with innovative approaches. Participants are engaged in practical activities and are introduced to a set of tools they can apply in the workplace. Participants engage in practical activities and interactive discussions of current business challenges.
Upon completion of this unit, participants will be able to:
Set a strategic direction for the organisation aligned with the organisational capabilities
Conduct context analysis with the purpose of making sustainable strategic decisions
Determine parameters and develop strategic planning process
Apply innovative strategic planning approaches and tools to identify new opportunities
Develop a strategy map
Identify gaps for improvement in direction of strategic plan
Determine success indicators to facilitate implementation of strategic plan
Facilitate strategic conversations and present recommendations to key stakeholders
Monitor progress in the implementation of the long-term strategic plan
The unit covers:
Skills and knowledge required to lead the development of high-level strategic plans
Strategic tools to determine internal capabilities and align them with strategic opportunities
Assessment of megatrends that impact the organisation’s strategy and operations
Strategic approaches that create value and are critical to the organisation’s success
Identification of barriers to organisational goals and how to overcome them
Stakeholder collaboration in developing and implementing strategic plans
Development of organisational goals, priorities and strategy maps
Development of operational plans to facilitate implementation of long-term strategies
Planning of resource development to execute strategic plans and achieve goals
Development of knowledge management systems to capture and monitor progress
