Strategic Planning and Execution
Day 1:
Foundations of Strategic Planning
Understanding the role and importance of strategic planning in organizational success.
Introduction to key frameworks: SWOT Analysis, PESTLE Framework, and Porter’s Five Forces.
Identifying internal strengths and weaknesses through self-assessment exercises.
Exploring external opportunities and threats using industry benchmarking.
Day 2:
Crafting Effective Strategies
Defining mission, vision, and core values as guiding principles.
Setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) objectives.
Prioritizing initiatives using the Eisenhower Matrix and similar prioritization tools.
Developing contingency plans to mitigate potential risks.
Day 3:
Execution and Implementation
Translating strategies into actionable plans with clear timelines and responsibilities.
Building cross-functional teams to support execution efforts.
Overcoming common barriers to implementation, including resistance to change.
Leveraging technology for streamlined communication and monitoring.
Day 4:
Monitoring and Evaluation
Establishing KPIs to track progress and measure success.
Conducting regular reviews to assess strategy effectiveness.
Using feedback mechanisms to refine and adapt strategies dynamically.
Reporting results to stakeholders and securing buy-in for future initiatives.
Day 5:
Advanced Topics and Integration
Incorporating sustainability and ESG (Environmental, Social, Governance) criteria into strategic plans.
Addressing global trends impacting industries, such as digital transformation and geopolitical shifts.
Preparing for uncertainty through scenario planning and stress testing.
Presenting final group projects showcasing comprehensive strategic plans.
