Strategy Development Skills

LEARNING OUTCOMES:

• Understand the principles and processes of strategy development.
• Identify and analyze the organization's external and internal environment to identify opportunities and threats.
• Develop and evaluate alternative strategies to achieve the organization's goals and objectives.
• Select and implement the most appropriate strategy for the organization.
• Communicate the strategy effectively to stakeholders within the organization.
• Manage the implementation of the strategy and make adjustments as needed.
• Apply the concepts learned in the course through case studies and interactive exercises.
• Develop a plan for continuing to improve and evolve the organization's strategies over time.

 

COURSE OVERVIEW & CONTENT:

Strategy development skills are essential for leaders and managers who want to drive organizational success. A course on strategy development skills can provide a range of benefits, including:

• Improved decision-making: By understanding the principles and processes of strategy development, participants will be better equipped to make informed and effective decisions that align with the organization's goals and objectives.

• Greater agility: Strategy development skills enable organizations to be more responsive to changing circumstances and to adapt more quickly to new opportunities and challenges.

• Enhanced problem-solving: By learning how to identify and analyze the organization's external and internal environment, participants will be better able to anticipate and address challenges and obstacles.

• Improved communication and collaboration: A course on strategy development skills can help participants develop the skills and knowledge needed to effectively communicate and collaborate with others in the organization to develop and implement strategies.

• Increased confidence and credibility: By mastering strategy development skills, participants will be able to demonstrate their value to the organization and take on more strategic leadership roles.

Overall, a course on strategy development skills can help organizations and individuals to develop and implement effective strategies that drive organizational success.

Introduction to Strategy Development

• Definition and principles of strategy development
• The importance of aligning strategies with the organization's vision, mission, and values
• The role of leadership in the strategy development process

Identifying and Analyzing the External and Internal Environment

• Techniques for identifying and analyzing the organization's external and internal environment
• Identifying opportunities and threats
• Assessing the organization's strengths, weaknesses, opportunities, and threats (SWOT analysis)

Developing and Evaluating Alternative Strategies

• Techniques for developing and evaluating alternative strategies
• Identifying and evaluating potential risks and challenges to implementing the strategies
• Developing contingency plans

Selecting and Implementing the Most Appropriate Strategy

• Criteria for selecting the most appropriate strategy for the organization
• Techniques for managing the implementation of the strategy
• Making adjustments as needed

Communicating the Strategy Effectively

• Techniques for communicating the strategy effectively to stakeholders within the organization
• Building consensus and commitment to the strategy

Case Studies and Group Exercises

• Opportunity for participants to apply the concepts learned in the course through the analysis of real-world cases and interactive group exercises

Conclusion and Next Steps

• Recap of key takeaways from the course
• Identifying opportunities for applying the skills learned in the workplace
• Next steps for continuing development in strategy development skills

 

COURSE DURATION: TWO DAYS