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Strategy, Strategy Execution and Performance Management System (London)


Acudemy

Summary

Price
£2,000 inc VAT
Study method
Classroom
Duration
5 days · Part-time or full-time
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Location & dates

Location
Address
Grays Inn Road
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.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.