Strategy, Strategy Execution and Performance Management System (London)
Acudemy
Summary
- Tutor is available to students
Location & dates
Central London
London
WC1X8RH
United Kingdom
Overview
This course provides an effective way of understanding how strategy is created and executed. It is an opportunity for all professionals and leaders to learn how to convert strategy into an efficient operational performance. Strategy focused organization require a comprehensive execution model that supports long and short term planning cycles; both strategically and financially. The execution model will supports the entire set of management processes in order to continually review and evaluate performance and to track and assess the effectiveness of strategic initiatives. This course will provide the basis that links strategy, planning, operations, and risk on a single platform.
This highly interactive and intensive course will introduce delegates to a very powerful integrated system that focus on developing and implementing Strategy and Strategy Execution.
By the end of this training course, participants will be able to:
- Understand the meaning of Performance Measurements and Management
- Understand the meaning of effective Strategy
- Understand the methodology on how to execute the Strategy
- Realize the benefits of building a Strategy Focused Organization (SFO)
- Realize the benefit of building a comprehensive Performance Management System
- Design and develop a tracking and monitoring system that include Performance Contracts and dashboards
Description
Course highlights will be:
Day One: Understanding the meaning Performance Measurements and Management
- What is Performance Measurement?
- The need for Performance Measurements
- Current methods of measurements and common failings
- Characteristics of good measures
- Defining Critical Success Factors
- Characteristics of good Key Performance Indicators
- Balanced Scorecard and the Four Perspectives
Day Two: Understanding the meaning of Strategy and Strategy Execution
- Defining an effective strategy
- Why do we need an effective strategy in the organization?
- What are the basis of developing an effective strategy?
- Why is it important that organizations develop a Competitive Strategy?
- Why should organizations focus on being competitively unique in developing their strategy?
- What are the main barriers in executing the strategy?
- Educational videos by international scholars in relation to strategy to enforce the understanding of the meaning of strategy
Day Three: Strategic Planning, Development, Management and Implementation
- What is Strategic Planning?
- Why Strategic Planning is a Leadership Challenge?
- What is the main focus and issues?
- How do you develop a strategic plan?
- Once you have developed a strategic plan how you will then manage it?
- What are the main steps in implementing the strategic plan?
Day Four: Building a Strategy Focused Organization
- What Strategy Focused Organization (SFO)?
- What are the main layers of SFO?
- Why leadership is vital in building a SFO?
- What is the impact of Culture on building SFO?
- How do you identify and manage Human Factors in Strategy and Strategy Execution?
- How do you get Management Commitment to build a SFO?
- Foundation of the best Practice Model to build a SFO?
Day Five: Kaplan and Norton Six Stage Close – Loop Management System
- Comprehensive discussion around the Kaplan and Norton Six Stage Close – Loop Management System
- Comprehensive discussion around the concept of Office of Strategy Management
- Review and Wrap Up
Who is this course for?
This course is suitable to a wide range of professionals but will greatly benefit:
- All planning personnel involved in Performance Management and Measurement Systems
- All managers and leaders involved in Strategy and Strategy Execution
- Process and Quality Improvement personnel
- Personnel with real leadership potential
- Project Management Office (PMO) Managers
- HR Managers with interest in Employees Performance and Appraisals
Requirements
No prerequisite for this course
Career path
This course is suitable for a broad spectrum of stakeholders who can experience performance issues with others or who want to learn more about the techniques for successfully resolving such issues when they arise.
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.