TRAINING CATEGORIES
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1 - MLC - Management and Leadership


MLC 240 - Strategy Formulation and Implementation

Code Start Date Duration Venue
MLC 240 25 March 2024 5 Days Istanbul Registration Form Link
MLC 240 29 April 2024 5 Days Istanbul Registration Form Link
MLC 240 03 June 2024 5 Days Istanbul Registration Form Link
MLC 240 08 July 2024 5 Days Istanbul Registration Form Link
MLC 240 12 August 2024 5 Days Istanbul Registration Form Link
MLC 240 16 September 2024 5 Days Istanbul Registration Form Link
MLC 240 21 October 2024 5 Days Istanbul Registration Form Link
MLC 240 25 November 2024 5 Days Istanbul Registration Form Link
MLC 240 30 December 2024 5 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

Implementing strategy is a rare and valuable skillset that sets apart the most successful and influential leaders in business. Individuals with proven ability to implement strategy are in high demand from organizations all around the world. By focusing on key elements of business strategy formulation, this course will develop participants’ ability to evaluate, design, and implement value-creating strategies using strategic formulation concepts, techniques and frameworks.

Course Objectives

  • Explore the factors and benefits of strategy formulation that make an industry attractive and profitable
  • Understand the implications the nature of an industry has on an organization’s strategy and advantage
  • Learn how a company builds advantage over rival companies
  • Evaluate alternative competitive positions and associated tradeoffs
  • Consider main issues executives need to take into account when creating a winning strategic formulation
  • Explore multiple approaches to growth and the benefits and costs of specific growth strategies

Who Should Attend?

  • Directors
  • Executive Level Managers
  • HR Executives
  • Mid-Level Managers
  • Project Managers
  • Senior Managers

Course Details/Schedule

Day 1

  • Strategic management
  • Fundamentals of Strategic management
  • Why we need to approach strategically in organizational management?
  • What kind of objectives to set
  • Managerial value of objectives
  • Short-range & long-range objectives
  • Recognizing the need for organizational shift

Day 2

  • Strategic analysis
  • Political, Economic, Social, Technological, Legal and Environmental (P.E.S.T.L.E)
  • Mega Trends
  • Corporate strategy definition 
  • Tasks of corporate strategy
  • What business strategy involves
  • Definition of business strategy
  • Functional strategies
  • Operating strategies

Day 3

  • Competing with network effects
  • Evaluation of information
  • Understanding network effects
  • Which markets will tip
  • Strategies for underdogs
  • Digital platforms and innovation

Day 4

  • How to craft a strategy
  • Characteristic of strategy-making
  • Creating the Strategy
  • Strategy implementation
  • Formulating your approach for implementation
  • Setting KPIs
  • Setting company-wide objectives
  • Defining a roadmap for change
  • Setting and communicating objectives and expectations

Day 5

  • Strategy Evaluation Process and its Significance
  • Why a strategic outlook supports career progression
  • Evolving strategy in 21st century organisations
  • More traditional strategy development: Kotter’s Eight Stage model
  • Key management skills needed for career progression
  • Personal leadership development plans