Modern standards for formulating and implementing effective institutional strategies in

Introduction:

This 5-day training course is designed specifically for Directors of Strategy and focuses on developing their skills in formulating and implementing effective corporate strategies. The course will cover a range of topics, from strategy development to implementation and performance monitoring. The course will be interactive and will involve a combination of lectures, case studies, group discussions, and practical exercises.

Outputs:

Upon completion of this course, attendees will be able to:
- Develop and implement effective corporate strategies
- Align corporate strategies with organizational goals and objectives
- Monitor and evaluate the performance of corporate strategies
- Communicate strategies effectively to stakeholders
- Build a strategic culture within their organization

Objectives:

The objectives of this course are to:
- Provide attendees with a comprehensive understanding of the corporate strategy development and implementation process
- Enhance attendees skills in formulating and implementing effective corporate strategies
- Foster an understanding of the importance of performance monitoring and evaluation in strategy implementation
- Develop attendees ability to communicate strategies effectively to stakeholders
- Create a platform for attendees to network and share best practices with their peers

Who Should Attend this course:

This course is designed for Directors of Strategy and other senior strategic leaders who are responsible for developing and implementing corporate strategies within their organizations. The course is also suitable for managers and executives who are involved in the strategy development and implementation process and want to gain a deeper understanding of the subject.

Outline:

Day 1: Understanding Corporate Strategy

- Introduction to corporate strategy
- Types of corporate strategies
- The strategy development process
- Environmental scanning and scenario planning

Day 2: Formulating Corporate Strategies

- SWOT analysis
- Corporate strategy formulation techniques
- Aligning corporate strategies with organizational goals and objectives
- Identifying key success factors and performance indicators

Day 3: Implementing Corporate Strategies

- Developing a strategy implementation plan
- Building a strategic culture within the organization
- Overcoming common challenges in strategy implementation
- Building a performance monitoring and evaluation system

Day 4: Communicating Corporate Strategies

- Communicating strategies to stakeholders
- Building buy-in and commitment to corporate strategies
- Engaging employees in the strategy implementation process
- Addressing resistance to change

Day 5: Review and Reflection

- Review of key learning points
- Reflection on the strategy development and implementation process
- Discussion of best practices and challenges in strategy formulation and implementation
- Networking opportunities with peers and instructors.

Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.