Business Strategies Development and Implementation

INTRODUCTION

Strategic planning is a dynamic, backwards-thinking process by the collective leadership of the team, department or organization. They define their ideal future vision and develop their strategies necessary for consistent and meaningful annual operating plans and budgets. Then they drive the achievement and measurement of this vision.

Many years ago, strategy was synonymous with formalized strategic planning. Nowadays, although strategic planning systems still exist in organizations, they are not seen as the main or only vehicle through which strategies actually develop. It must come with the right packages of implementation tools to record a success. Without proper implementation techniques, it is proven that there are some organizations that have developed detailed strategic plans failed to achieve their desired goals!!

The 2008 World Economic Forum stated that most companies do have a strategy, but less than 0.5% of these companies feel that they are performing at full potential. Prof. Kaplan and Norton found that 7 out of 8 companies studied failed to achieve profitable growth and yet 90% have detailed strategic plan. Why???

This workshop will show you step by step road map to a success business strategies development and how to make it implementation-friendly!!

COURSE OBJECTIVES

Make aware that going through the strategic planning process to craft out strategies is not good enough. The strategies must be the right one and pass the litmus test of implementation. Its not difficult to have that. Its as easy as ABC.

This training workshop teaches how to go about preparing a strategic plan, develop strategies and implementing them, using the systems thinking approach, iceberg theory, positive cycle and rollercoaster concept. It will also expose the participants on generic strategies, emergent strategies, delta model and blue ocean strategies. A bulk of the time will be spend on how the blue ocean strategy.

TARGET AUDIENCE

Entrepreneurs, senior managers, managers and executives who are involve in annual planning in one way or another.

LEARNING OUTCOME

- Get Clarity of Strategic Thinking and Planning
- Crafting out of meaningful vision, mission and appropriate core strategies
- Able to connect approved strategies to implementation
- Apply what they learn immediately to their work.

COURSE OUTLINE

1. The Systems Thinking Approach: The General Systems Theory
a. Introduction to Systems Thinking – the natural way
b. The need for Strategic Thinking
c. Think out of the box
d.  Innovation Vs Creative
e. The 5 key questions for Strategic Thinking
        
2. Strategic Planning Fundamentals
a. 3 goals &premises of Strategic Planning & Mgt.
b. Strategic Planning Vs. Strategic Management
c. Phases and Steps of Strategic Planning & Mgt.
d. Common mistakes in strategic planning
e. The parallel involvement process of all
f.T he Maslow Hierarchy & Malcolm Knowles Theory

3. Strategies Development
a. Plan to plan
b. Market place positioning for Competitive Advantage
c. Future environmental scan
d. Ideal future vision and mission
e. Understanding the different types of strategies

- Corporate / Business / Functional strategies
- Strategy DNA and Strategy canvas
- Michael Porter’s Topology
- Mintzberg’s Topology
- Network Economy model
- Emergent strategies
- Blue Ocean / Blow Out strategies

f. Current driving forces and level of playing field
g. Cascade of Strategies for Implementation

- A 3 yrs & an annual operating plan for actions
- Methods, tools and templates used
- Who do what, by when and how is it review
- Ensuring alignment of all operational stakeholders.

4. Execution of Annual Action Plan
a. Plan to implement
b. Cascade and management of change – the natural way
c. Iceberg Theory of Change
d. Rollercoaster concept of change
e. Carl Roger’s self concept theory
f. Thomas Davenport’s Metaphor of employees
g. Quarterly and Annually Strategic Review and update.

TRAINER

Tan Kok Tee, is  a Fellow member of the Association of International Accountants, UK (one of the 5 professional accountancy bodies in UK and EEC qualified to be external auditors for PLCs). He also holds an MBA – Finance, from the Charles Sturt University, (CSU) Australia.

His other professional memberships included being a member of the Malaysian Association of Company Secretaries, a body prescribed under the Malaysian Company’s Act to practice as Company Secretary.

Kok Tee has a total of more than 35 years of working experience, of which 25 years were at senior management level, in commercial enterprises of different sizes and industries such as manufacturing, marketing and distribution, construction and quarrying, and services industries.   During the course of his work, he has acquired invaluable experience and knowledge in the area of Accounts & Finance, Risk and Control, Business Administration, Management Principle and Practice, Business Process Management and improvement, Annual Strategic Planning and Management, Working Capital Management,  Debt Collection Technique, Stock Management, Cost Saving Programs and Customers Service Management.

The sharing of his more than 25 years of knowledge, skill and real life practical experience gained at senior management level through his workshops, In-House Training/Facilitating and Consulting will benefit many managers in the above mentioned areas. 

Kok Tee is also a member of the Malaysian Association of Professional Speakers, a qualified HRDF (Ministry of Human Resource, Malaysia) trainer (certificate ref: TTT 1983), an In-House trainer/facilitator for 3½ years and an ad hoc lecturer/facilitator for IGS/CSU MBA-Finance program for 10 months and also lecturer for GSU for Managerial Accounting, Business Management and Strategic Management.

DURATION: 3  DAYS

COURSE FEE: S$900.00 ( inclusive of lunch & teabreaks)

EARLY BIRD RATE: S$810 (register at least  7days  before class date)

For in-house or any enquiries, please call +(65)  65422041 / 96930601 or email info@ovation-marketing.com 

 REGISTRATION METHOD : via Online Form below or   <CLICK HERE> to download registration form via email. 

REGISTRATION FORM