Business Management and Strategy

OBJECTIVES

This training program aims to equip participants with the skills and knowledge necessary to effectively analyze, plan, and implement business strategies using advanced strategic management frameworks. By the end of this course, participants will be able to:

- Analyze, Plan, and Execute Strategies: Learn how to assess business environments, set clear objectives, and implement effective strategies using advanced strategic management frameworks.
- Master Strategic Tools and Models: Gain proficiency in key frameworks, models, and tools essential for formulating and executing successful business strategies.
- Drive Strategy Execution with Performance Metrics: Understand how to track progress, measure success, and adjust strategies using performance measurement systems.
- Understand Competitive Dynamics: Explore how businesses gain a competitive edge, differentiate themselves, and sustain long-term growth in changing markets.

OUTLINES

➢ Opening your mind to strategic
thinking
➢ What is Business Strategy?
➢ Differences between strategic and
operational management
➢ Recognising and dealing with strategic
challenges, options and risks
➢ An overview of strategic planning
methodologies
➢ Components of a strategic business plan
➢ Balancing the components – the
McKinsey 7S model
➢ The strategy development process
➢ Environmental Scanning
➢ Competitive Analysis
➢ Vision, Mission and Objectives➢ Stakeholder Analysis
➢ Portfolio Analysis
➢ Value Chain Analysis
➢ Quality Assessment
➢ Critical Success Factors
➢ Force Field and Gap Analysis as tools for
developing action plans