Strategy and Execution Approach - Part 1
Strategy is not Static and Execution must adapt to a Modern Approach
- Starts 19 Feb 2024Starts 19 Feb 2024
- 900 British pounds£900
- Brooker Road
3 Days Strategy and Execution Training as Part 1 of 2: Day 1: Understanding Strategic Planning 1. Introduction to Strategic Planning • Definition of strategic planning. • Importance of strategic planning for organizations. 2. Types of Strategic Plans • Long-term vs. short-term strategic plans. • Operational, tactical, and strategic plans. 3. Key Components of a Strategic Plan • Vision, mission, and values. • Goals, objectives, and strategies. 4. Environmental Analysis • SWOT analysis. • PESTEL analysis. • Identifying opportunities and threats. 5. Stakeholder Analysis • Identifying and engaging stakeholders. • Assessing stakeholder interests and influence. 6. Setting SMART Objectives • Specific, Measurable, Achievable, Relevant, Time-bound (SMART) objectives. • Aligning objectives with the mission and vision. Day 2: Developing a Strategic Plan 1. Mission, Vision, and Values • Crafting a compelling mission statement. • Defining the organization's vision and values. 2. Goal Setting • Defining long-term and short-term goals. • Prioritizing goals based on importance and feasibility. 3. Strategy Formulation • Developing strategies to achieve goals. • Identifying strategic initiatives and projects. 4. Resource Allocation • Allocating budget and human resources. • Ensuring alignment with strategic priorities. 5. Monitoring and Evaluation • Establishing key performance indicators (KPIs). • Creating a monitoring and evaluation framework. 6. Risk Assessment and Mitigation • Identifying potential risks to the plan. • Developing risk mitigation strategies. Day 3: Strategy Execution 1. Leadership and Change Management • The role of leadership in strategy execution. • Managing resistance to change. 2. Communication and Engagement • Communicating the strategic plan to stakeholders. • Engaging staff, volunteers, and members in execution. 3. Project Management • Effective project planning and execution. • Project monitoring and reporting. 4. Performance Management • Tracking progress against KPIs. • Making necessary adjustments to the plan. 5. Financial Management • Budget monitoring and control. • Ensuring financial sustainability. 6. Continuous Improvement • Encouraging a culture of learning and adaptation. • Feedback mechanisms and course correction.
121 Brooker Road, Waltham Abbey, UK