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Course Code: MGLD 678
65 Course Visits
Business Strategy Construction
Course Sector:
Management and Leadership
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Online, Virtual $21,500
02
5 Days
Dubai, UAE $4,250
03
5 Days
Bangkok , Thailand $4,950
Introduction
Training course introducion / brief
Constructing a business strategy is a multifaceted, intricate, and rigorous undertaking crucial for an organization's continuous success in a dynamic and unpredictable economic landscape. Flexibility, adaptability, and ongoing monitoring are imperative for ensuring the viability of strategies in the long term. This course aims to provide participants with the essential concepts and principles of business strategy construction and its pivotal role in organizational survival and expansion, underscoring the significance of aligning strategic advantages with the prevailing business environment
Course Objectives
At the end of the training course, participants will be able to
- Develop a comprehensive understanding of the building blocks of strategy, including VMOST and stakeholder analysis, and the analysis of external threats, opportunities, internal resources, capabilities, and practices.
- Gain proficiency in strategy formulation, alignment, and identification of Key Success Factors (KSF) and Key Performance Indicators (KPI) to establish organizational direction and operational strategies.
- Acquire skills in strategy implementation through the development of strategic leadership teams, articulation of strategies, and creation of strategic action plans, while discerning between reactive and proactive approaches.
- Learn effective monitoring and measurement techniques for strategic projects and initiatives, including the development of monitoring and review systems and the measurement of operational performance and strategy alignment.
- Explore strategies for achieving strategic sustainability, including the implementation of the "three pillars of sustainability," tactics for maintaining a competitive advantage, and the utilization of innovation and creativity to address future challenges.
Course Audience
Who is this course for, and can benefit the most
This course is intended for mid to senior-level managers, strategic planners, and professionals seeking to enhance their skills in business strategy construction and implementation to drive organizational success.
Course Outline
The course aims and learning outcomes
Building blocks of strategy
- VMOST and stakeholder analysis
- Analysing external threats and opportunities
- Analysing internal resources, capabilities, and practices
- Developing strategies and tactics to conduct internal and external analysis
Strategic management
- Strategy formulation and creating alignment to establish organisational direction
- Identifying Key Success Factors (KSF) and setting Key Performance Indicators (KPI)
- Formulating operational and functional strategies
Strategy implementation
- Developing a strategic leadership team to articulate and communicate the strategy
- Developing of strategic action plan for implementation
- Effective approaches to strategic implementation: reactive vs proactive
Monitoring and measuring performance
- Developing monitoring and review systems for strategic projects and initiatives
- Measuring operational performance and strategy alignment
- Informing and reporting on the strategic planning process
Strategic sustainability
- Implementing the “three pillars of sustainability”
- Tactics for maintaining a competitive advantage
- Utilising innovation and creativity for future challenges
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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