Introduction:

Strategic management is the management of an organization’s resources to achieve its goals and objectives. It involves setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies and ensuring that management rolls out the strategies across the organization. Strategic management is not static in nature; the models often include a feedback loop to monitor execution and to inform the next round of planning.

Strategic management can also be defined as a bundle of decisions and acts which a manager undertakes and which decides the result of the firm’s performance. The manager must have a thorough knowledge and analysis of the general and competitive organizational environment so as to take the right decisions.

Strategic Management:

Strategy management training will boost your capacity to generate immediate and long-term results for your business unit or market.  Clearly it should enhance your skills for developing and executing strategies in complex environments. But to actually generate results, you also need to be able to successfully implement your business strategy. This is why the best strategy management training includes leadership skills training which will also be partially included with this training.

Contents of the Training:

Training Course Content

This Strategic Management course will cover:

FORMULATING STRATEGY TO ACHIEVE VISION

• Agree vision, mission, culture and values of organisation
• Analyse where organisation is now
• Decide where the organisation wants to be, and by when
• Selecting best strategic options to get there

LEADERSHIP AND STRATEGIC DECISION-MAKING

• Importance of leadership in implementing successful strategies
• High-profile leadership which inspires and motivates
• Decisive, speedy and consistent decision-making
• Persistent follow-through on all decisions to produce results

RISK AND CRISIS MANAGEMENT

• Identify all risks, evaluate potential impact and mitigate accordingly
• Incorporate strategic flexibility to respond to internal and external changes and pressures
• Prevent issues becoming risks then turning into crises
• Create, practise and be prepared to implement crisis plans

PREVENT FAILURE OF STRATEGIES

• Recruit and retain people with appropriate skills, experience and track record
• Clarify and communicate roles and responsibilities
• Encourage creative problem-solving and constructive conflict resolution
• Promote unity within teams and harmony between teams

SKILLS FOR SUCCESS

• Communication, including: presentations, meetings, oral, listening, body language and written
• Delegation to increase productivity
• Negotiation and influencing skills for a win-win for all
• Time management for minimum effort to produce maximum results

Who can attend?

• Businessman
• Entrepreneurs
• Professionals and executives

Methodology

• PowerPoint Presentation, Interactive session with relevant videos and case studies and role plays

Boarding & Certification

• Course materials and food will be provided by Textile Today.
• Certificates will be awarded to participants at the end of training