Why Choose this Training Course?
This training course provides an effective way of understanding how strategy is created and executed. It is an opportunity for all professionals and leaders to learn how to convert strategy into an efficient operational performance. Strategy Focused Organisation (SFO) require a comprehensive execution model that supports long and short-term planning cycles; both strategically and financially. The execution model will supports the entire set of management processes in order to continually review and evaluate performance and to track and assess the effectiveness of strategic initiatives. This training course will provide the basis that links strategy, planning, operations, and risk on a single platform.
A good strategy is not enough for success. It requires a proven execution model to achieve the organisational vision. In 2006, the Monitor Group asked Senior Executive about their number one priority and the answer was “Strategy Execution”. Various surveys over the past two decades indicate that 60 to 80 percent of companies fall far short of the targets expressed in their strategic plan because of poor “Strategy Execution”. Professor Robert Kaplan and David Norton, the Gurus of BSC and Strategy Execution conducted a survey about the state of strategy execution and found that most of the organisations did not have formal systems to help them execute their strategies.
This training course will feature:
How you define and develop Strategy and how to turn Strategy into an effective operational performance?
The key components of a successful strategy management system, the tools and the techniques used to support execution
Identifying and Managing the Human Factors and their Impacts on Strategy Execution
Fundamentals of Business Planning, Execution, Progress/Results Measurement and Reporting
The Concept of Performance Contract between the CEO of the organisation and the Chairman of the Board
By the end of this training course, participants will be able to:
Understand and apply the Planning and Execution Framework
Develop and communicate strategic vision, mission and intent
Understand how to turn strategy into actionable, operational plans
Set the conditions for successful execution of strategy and plans by creating optimal support structures, systems and processes
Execute on the plans and lead tactically in the face of obstacles and challenges
Who is this Training Course for?
This training course is suitable for Executives, Entrepreneurs, and Managers who must develop and execute excellent strategy in highly demanding, competitive conditions are encouraged to attend to this training course, it will also benefit:
Line and functional managers
Professionals responsible for strategy, marketing, business development, operations, HR, product development and other functional departments within businesses and other organisations
Intermediate and advanced level managers
Team leaders and supervisors within all sectors, private and public, profit and not-for-profit
How will this Training Course be Presented?
This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes speaker input, facilitated discussion, syndicate work and practical exercises, videos, self-tests, all with an emphasis on delegate involvement throughout.
The Course Content
Day One: Understanding Strategy and Strategy Execution
Defining and Understanding of Strategy
Linking Strategy to Action
Setting Long Term Organisational Destination. Strategy is about Where are you Heading
Strategy Documentation, Communication and Duration
Defining Strategy and Operational Effectiveness. What is the difference?
Barriers and Success Factors related to Strategy Execution including Leadership and Culture
Day Two: From Vision to Results: The Planning and Execution Framework
Understanding the distinction between Strategy, Operations and Tactics
How Planning and Execution Work
Impact of Mission and Vision Statements on Strategic Planning
Mission Analysis and Mission Leadership
Measuring Progress and Results
The Gap between Strategy and Performance
Day Three: Turning Strategy into Actionable Plan
Invisibility of Performance Bottlenecks to Top Management
Under Performance Culture Impact on Strategy and Performance Gap
How to close the strategy and performance gap
The Four Successful Steps in Turning Strategy into Actionable Plan
Building A Strategy – Focused Organisation (SFO)
The Six Loop Strategy Execution System including the Office of Strategy Management (OSM)
Day Four: Understanding the Meaning of Performance Measurements and Management
Why do we Need Performance Management System?
Characteristics of Good Measures
The Balanced Scorecard
Defining Critical Success Factors
Organisational Excellence
How to Develop and Standardise Performance Metrics
Day Five: Implementing a Successful Performance Management System
Gaining Management Commitment and Selecting a Winning Team
Planning for Success – Strategic Business Planning Framework
Performance Contract Framework
The usage of charts in presenting effective reports
Complete exercise on how to develop a Balanced Scorecard from scratch
Conclusion and Wrap Up
INFORMATECH is the region’s leading provider of in-house custom-designed courses. We have been tailoring in-house solutions for our clients aimed at helping them achieve short term training wins or long term strategic requirements. In addition to being significantly cost effective, these courses are constantly in demand because they:
If you did not find the appropriate date or venue suitable for you, or you would like to join the course online, you can request a custom course from the link below.
We offer group and corporate discounts on many courses. These discounts are available for clients who want to maximize their return on investment.
We offer individual discounts on many courses for people who are self-sponsored and make their payment in full and upfront at the time of registration.
Nominations to our public courses are to be processed by the client’s HR/Training department except for self-nominations which are to be paid in advance using the “payment by self” option on the online registration form. A refund will be issued back to the client in the event of course cancellation or seat unavailability. Registration confirmation is subject to INFORMATECH's review of registration request and seat availability.
Clients are responsible for any type of tax levied in their country.
If you are interested in having a course custom-designed for your organization, please submit a request using the link below. Once we receive your duly completed request, one of our business development professionals or consultants will get in touch with you to understand your requirements with more detail and answer any relevant questions you may have. After all pertinent information has been exchanged, we will work on the custom-designed request and send you the proposal you require and work with you to identify the ideal period and place for delivering the custom-designed solution.