Nature of Strategic Management

• The concept of strategic management
• Plan and strategy
• Essential terms in strategic management

The Strategic Management Model

• The Strategic Management Model
• Benefits of strategic management
• Strategic Planning

Strategy Formulation

• Vision and mission
• Main characteristics and components in shaping the organization's vision and mission

External and Internal Analysis

• External environment analysis
• Internal environment analysis
• Competitive analysis(Porter’s Five Forces model)
• Industry analysis
• SWOT analysis
• PESTEL analysis
• Value chain analysis

Various strategies according to the organization's goals

• Long-term objectives
• Balance scorecard
• Types of strategies
• Porter’s strategies

Strategy Analysis and Choice

• Strategic analysis
• BCG Boston Consulting Model
• SWOT Matrix Analysis
• Choose a strategy
• The strategic gap analysis

Nature of Strategy Implementation

• The relationship between strategy formulation and strategy implementation
• Analysis and management of organizational culture
• Training and development of administrative capabilities
• Requirements for strategy implementation
• Distribution and allocation of resources
• Administrative systems supporting the implementation of the strategy
• Organizational structure analysis and management
• Effective management of operations
• The McKinsey Model

Strategy evaluation and oversight

• The importance of strategic oversight
• Strategic evaluation and control steps
• Strategic control levels

• Strategic Focus
• Strategic Analysis
• Strategic Planning
• Business Planning
• Business Acumen

This training course will be carried out through the use of best practices and the right combination of engaging and purposeful tools such as:

• Practical, relevant case studies
• Group activities and workshops
• Related role plays
• Experiential learning
• Brainstorming
• Stimulating mental activities
• Engaging team competitions
• Suitable training Videos
• Presentations
• Self–assessments
• Learning with Simulations and Games

Executives, managers, department heads, and professionals who need to understand and design strategic plans for their organizations.