Pretoria: 09 – 13 December 2024
Dubai: 09 – 13 December 2024
Overview
Strategic Management is concerned with the long-term direction and performance of an organisation. This Strategic Management course seeks to provide delegates with an in-depth understanding of principles and tools for strategic thinking. The course aims at deepening course attendees’ appreciation of the strategic management process and its importance and how strategic management can benefit an organisation. It interrogates key concepts, tools, and principles of strategy formulation and competitive analysis focusing on how these assist with managerial decisions and actions that shape the performance, survival and progress of an organisation.
Thus, the course focuses on the information, analyses, organizational processes, and skills that an organisation must use to devise strategies, position the organisation, define boundaries and maximize long-term benefits in the face of risk, uncertainty, change and competition. In principle, this Strategic Management Training explores an organisation’s vision, mission, principles, techniques and models of organisational and environmental analysis, discusses the theory and practice of strategy formulation and implementation such as corporate governance and business ethics for the development of effective strategic leadership. It draws on case studies to examine contemporary thinking in the field of strategy. In so doing, the course seeks to equip delegates with a practical understanding of the relevant concepts and frameworks needed to make better strategic decisions in the context of the dynamic and fast changing management environment. Delegates will critically how internal and external environments shape successful strategy.
This course is suitable for decision-makers, executives, personnel who assess and examine strategy proposals plausibility, officials who implement strategies, planners, business development specialists, monitoring and evaluation and financial personnel
At the end of the course, delegates should be able to:
- Discuss the Strategic Management process
- Link Vision and Mission to strategic direction
- Define Corporate Governance and show its link with Strategy
- Explain vital concepts, principles and practices associated with strategy formulation and implementation
- Explain the techniques used in both internal and external environmental analysis in strategy formulation
- Interrogate key features of different business strategies
- Examine risks to successful strategy implementation
- Discuss leadership and corporate culture as drivers of strategy implementation
- Analyse organisational design as a key to strategy implementation
- Explore the relationship between strategic controls and strategy implementation
- Demonstrate ability to engage in strategic planning.
- Critically analyse and evaluate real life situations and develop creative solutions, using a strategic management perspective.
- Explain the role of the M&E function in setting up and implementing an organisation’s strategy