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Developing a Successful Business Strategy Course
Is Developing a Successful Business Strategy course right for me?
This three-part business strategy training is designed to support those responsible for providing strategic leadership to their organisation or part of an organisation. The programme will support you in creating a compelling vision, developing a strategy to achieve that vision and identify how best to implement the strategy.
The business strategy training programme typically runs over a 5-7 week period, with pre-work, assignments in between sessions and a range of supporting materials. Delegates typically appreciate the opportunity to share the experience with, get feedback and pick up ideas from a group of peers, often from a range of different types of organisations. The programme is delivered as group coaching, using real business issues and developing real business plans throughout.
Day 1 - Exploring the leadership role
What will I get out of it?
- Identify key elements of the leader's role with respect to people, products and profit
- Produce and present a statement describing the purpose and vision of your organisation/business unit
- Review the current organisational culture and identify the role of values in your organisation
- Define the differences between strategic and operational leadership
- Develop an action plan for preparing to produce a viable business plan
Day 2 - Business planning
What will I get out of it?
- Define the purpose and objectives of their business plan
- Identify the vital elements of their plan
- Recognise external drivers that impact your organisation
- Consider the financial elements of the plan
- Create the framework and outline content of their business plan
Day 3 - Turning strategy into action
What will I get out of it?
- Modify and re-structure their plan as an operating document
- Communicate the key messages from the plan
- Monitor and review achievement of their plan
- Develop business planning skills within their organisation
- Produce an implementation plan for successful execution and achievement of business planning objectives
Day 1 - Exploring the leadership role
Objectives
- Identify key elements of the leader's role with respect to people, products and profit
- Produce and present a statement describing the purpose and vision of your organisation/business unit
- Review the current organisational culture and identify the role of values in your organisation
- Define the differences between strategic and operational leadership
- Develop an action plan for preparing to produce a viable business plan
Session outline
Role of the strategic leader and the board
- What are you there for?
- What does leadership look like?
- High performance behaviours
Vision, mission and values
- Differences between mission and vision
- Developing your vision - the Twitter challenge!
- Organisation climate/culture
- Sustaining values
Strategy v operation
- Effective use of leadership time
- Delegation
Strategic options
- Reviewing alternative strategies
- Business growth and development
- Recognising where you are on the curve
Overview of business planning process
- 10 step checklist
- Action plans and assignment
Day 2 - Business planning
Objectives
- Define the purpose and objectives of their business plan
- Identify the vital elements of their plan
- Recognise external drivers that impact your organisation
- Consider the financial elements of the plan
- Create the framework and outline content of their business plan
Session outline
Types of business plan
- Purpose of plan
- Crisis planning
External drivers
- Legislation/technology/social media
- Competition/benchmarking
- Customers expectations and loyalty
- SWOT analysis
Business plan - key elements
- Vital elements
- Plan framework
- Presentation layout
- Involving others - responsibility chart
Review of financial elements of business plan
- Profit and loss/balance sheets
- Cash flow forecasts
- Business Ratios
- Relationship with Financial Experts
- Management information requirements
Day 3 - Turning strategy into action
Objectives
- Modify and re-structure their plan as an operating document
- Communicate the key messages from the plan
- Monitor and review achievement of their plan
- Develop business planning skills within their organisation
- Produce an implementation plan for successful execution and achievement of business planning objectives
Session outline
Converting the plan into an operating plan
- Communicating the plan - Dragons Den exercise
- Performance measures
- People aspects gaining commitment
- Living the plan
Managing change
- Reactions and resistance to change
- Types of change
Monitoring plan progress
- Frequency and format
- Adjustment and contingencies
- Balanced Scorecard approach
- Reviewing and evaluating the plan
Starting the process again
- Re-visit process
- Developing others business planning skills
Implementation action plan
- Implementation checklist
Session/programme review
Course Summary
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Tailor this course
If you are interested in this course but would like it tailored to your specific needs, contact Karen Osborn on 0800 028 3045.
Alternatively, enter your details below and one of our team will contact you.
Thales Training & Consultancy is a highly successful training services company based in Crawley. We help companies to develop advantage through learning and development. Highly trusted by leading enterprises, we deliver a full range of dedicated training solutions that enable organisations to achieve key business goals. The 4 core services we offer are Training Courses, Supply Management, Bespoke Services and Managed Services. Our successful partnerships with clients prove that the delivery and management of the right training and development can significantly enhance the pursuit of business excellence.
