Why Choose this Training Course?This York Britishtraining course provides an effective way of understanding how strategy is created and executed. It is an opportunity for all professionals and leaders to learn how to convert strategy into an efficient operational performance. Strategy Focused Organisation (SFO) require a comprehensive execution model that supports long and short-term planning cycles; both strategically and financially. The execution model will supports the entire set of management processes in order to continually review and evaluate performance and to track and assess the effectiveness of strategic initiatives. This training course will provide the basis that links strategy, planning, operations, and risk on a single platform.A good strategy is not enough for success. It requires a proven execution model to achieve the organisational vision. In 2006, the Monitor Group asked Senior Executive about their number one priority and the answer was “Strategy Execution”. Various surveys over the past two decades indicate that 60 to 80 percent of companies fall far short of the targets expressed in their strategic plan because of poor “Strategy Execution”. Professor Robert Kaplan and David Norton, the Gurus of BSC and Strategy Execution conducted a survey about the state of strategy execution and found that most of the organisations did not have formal systems to help them execute their strategies.This York Britishtraining course will feature:How you define and develop Strategy and how to turn Strategy into an effective operational performance?The key components of a successful strategy management system, the tools and the techniques used to support executionIdentifying and Managing the Human Factors and their Impacts on Strategy ExecutionFundamentals of Business Planning, Execution, Progress/Results Measurement and ReportingThe Concept of Performance Contract between the CEO of the organisation and the Chairman of the BoardWhat are the Goals?By the end of this York Britishtraining course, participants will be able to:Understand and apply the Planning and Execution FrameworkDevelop and communicate strategic vision, mission and intentUnderstand how to turn strategy into actionable, operational plansSet the conditions for successful execution of strategy and plans by creating optimal support structures, systems and processesExecute on the plans and lead tactically in the face of obstacles and challengesWho is this Training Course for?This York Britishtraining course is suitable for Executives, Entrepreneurs, and Managers who must develop and execute excellent strategy in highly demanding, competitive conditions are encouraged to attend to this training course, it will also benefit:Line and functional managersProfessionals responsible for strategy, marketing, business development, operations, HR, product development and other functional departments within businesses and other organisationsIntermediate and advanced level managersTeam leaders and supervisors within all sectors, private and public, profit and not-for-profit How will this Training Course be Presented?This York Britishtraining course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes speaker input, facilitated discussion, syndicate work and practical exercises, videos, self-tests, all with an emphasis on delegate involvement throughout.
Day One: Understanding Strategy and Strategy ExecutionDefining and Understanding of Strategy Linking Strategy to Action Setting Long Term Organisational Destination. Strategy is about Where are you HeadingStrategy Documentation, Communication and DurationDefining Strategy and Operational Effectiveness. What is the difference?Barriers and Success Factors related to Strategy Execution including Leadership and Culture Day Two: From Vision to Results: The Planning and Execution FrameworkUnderstanding the distinction between Strategy, Operations and TacticsHow Planning and Execution WorkImpact of Mission and Vision Statements on Strategic PlanningMission Analysis and Mission LeadershipMeasuring Progress and ResultsThe Gap between Strategy and Performance Day Three: Turning Strategy into Actionable PlanInvisibility of Performance Bottlenecks to Top ManagementUnder Performance Culture Impact on Strategy and Performance GapHow to close the strategy and performance gapThe Four Successful Steps in Turning Strategy into Actionable PlanBuilding A Strategy – Focused Organisation (SFO)The Six Loop Strategy Execution System including the Office of Strategy Management (OSM) Day Four: Understanding the Meaning of Performance Measurements and ManagementWhy do we Need Performance Management System?Characteristics of Good MeasuresThe Balanced ScorecardDefining Critical Success FactorsOrganisational ExcellenceHow to Develop and Standardise Performance Metrics Day Five: Implementing a Successful Performance Management SystemGaining Management Commitment and Selecting a Winning TeamPlanning for Success – Strategic Business Planning FrameworkPerformance Contract FrameworkThe usage of charts in presenting effective reportsComplete exercise on how to develop a Balanced Scorecard from scratchConclusion and Wrap Up