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Develop and Execute a Strategic Plan Course

By: LCL Coaches Consultants  

Lagos State, Nigeria

18 - 22 Oct, 2021  5 days

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NGN 157,500

Venue: Interactive Online Live / On-Site Live in Lagos

Strategic planning and management training provide you with the concepts and philosophies behind strategic planning, as well as the methods, techniques, and tools required to develop and execute a successful strategic plan.

By the end of this training course, participants will be able to:

  • Develop a broad knowledge and critical understanding of the role of the strategic management function within organisations
  • Define and to clarify the concepts of "strategic plans", "strategy implementation" and "change management"
  • Gain the knowledge to be able to appreciate the main methods used to formulate and implement strategy
  • Use acquired knowledge to review organisation practice against given theoretical models and provide considered responses to given problems
  • Evaluate new concepts in this area and be able to illustrate essential understanding through application
  • Formulate and execute strategic plans to meet objectives
  • Apply strategy planning processes at an organisational and department level
  • Assess the business environment through SWOT analysis
  • Identify strategic options for long-term competitive advantage
  • Implement strategies to deliver results

Day One

  • Fundamentals of Strategic Planning
  • Defining strategy
  • Components of strategy
  • Discovering why strategies fail
  • Clarifying your organization’s mission, vision and core competencies
  • The Dynamics of Strategy Development, Building a Cohesive Corporate Strategy
  • The Dynamics of Purpose
  • The Dynamics of Resource Development
  • The Dynamics of Environmental Development
  • The benefits of strategic planning
  • The need for strategic planning
  • Assessing tools and processes for strategic planning
  • Developing the Strategy

Day Two

  • Corporate Performance, Governance and Business Ethics
  • Stakeholders and Corporate Performance
  • Agency Theory
  • Governance Mechanisms
  • Ethics and Strategy
  • Resource Allocation, Strategic Planning and Control
  • Objectives, Task Setting and Communicating Strategy
  • Resource Allocation
  • Strategic Planning
  • Building the plan
  • Key components of a strategic plan
  • Operationalizing the strategic plan
  • Identifying opportunities with portfolio management and gap analysis techniques
  • Information, Monitoring and Control

Day Three

  • Evaluating factors for choosing strategy
  • Mapping strategies to product or market life cycle
  • Aligning strategies with capabilities of the organisation
  • Choosing strategies to meet stakeholder expectations
  • Selecting appropriate strategic models
  • Identifying sources of competitive advantage
  • Implications of growth and diversification strategies
  • Global strategies for sourcing, operations and marketing
  • Formulating Your Strategic Plan
  • Linking strategy to actions
  • Aligning strategy with six key organisational factors
  • Identifying gaps between current and needed capabilities
  • Establishing appropriate objectives and milestones
  • Managing culture, human resources, skills, processes and structure for strategy execution
  • Initiating programmes and projects for implementing strategy
  • Executing Your Strategy for Success

Day Four

  • Managing Strategic Change
  • Causes of Change
  • Prescriptive Approaches to Managing Strategic Change
  • Emergent Approaches to Managing Change
  • Developing a Strategic Change Programme
  • Ensuring organisational capabilities are appropriate for the strategic environment
  • Analyzing how competitive and other environmental factors shape strategy
  • Determining the impact of operating and remote environments
  • Assessing the external environment for individual departments
  • Identifying your customers and their needs
  • Assessing external forces
  • Analyzing your operating and external environment
  • Initiating a SWOT analysis
  • Prioritizing opportunities and threats
  • Categorizing the external environment with checklists

Day Five

  • Managing stakeholder expectations
  • Establishing effective communication mechanisms
  • Aligning culture to strategic direction
  • Linking rewards to performance
  • Managing the inevitable change
  • Establishing Key Performance Indicators (KPIs)
  • Setting up metrics to measure performance
  • Monitoring progress with dashboards
  • Deploying Balanced Scorecards
  • Dimensions of strategic control
  • Detecting changes in assumptions
  • Coping with a dynamic environment
  • Adjusting for unanticipated event
Interactive Online Live / On-Site Live in Lagos Oct 18 - 22 Oct, 2021
NGN 157,500.00
(Convert Currency)

Mr Olusina Lajorin 08033241313, 09026713101

Group discount apply
Executive Coach Olusina Lajorin

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