(Click Category to List Courses)
1 - MLC - Management and Leadership
MLC 240 - Strategy Formulation and Implementation
Code | Start Date | Duration | Venue | |
---|---|---|---|---|
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 |
MLC 240 | 20 January 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 17 February 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 17 March 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 14 April 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 12 May 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 30 June 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 07 July 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 04 August 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 01 September 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 27 October 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 24 November 2025 | 5 Days | Istanbul | Registration Form Link |
MLC 240 | 22 December 2025 | 5 Days | Istanbul | Registration Form Link |
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