Strategy Execution: Theory & Practice (MAN50)
Description
Having a strategy is not only vital for corporations; each business unit, each department, each team should have its own strategy aligned with the corporate one. Though having the strategy alone doesn’t mean much. Even the best strategy will not come to life by itself magically. You need to EXECUTE your strategy.
Course Level: Foundation / Skill
Duration: 2 days
Instructor: Kubilay Balci
- In this 2-day course participants will understand how to successfully plan and execute their strategies and will learn the methods & tools needed during their execution journey with real life examples.
- The Strategy-in-Action workshop is a 2-day “add on” designed to work on team’s own Strategy Execution plan parallel to the training flow.
Course Level: Foundation / Skill
Duration: 2 days
Instructor: Kubilay Balci
Designed for you, if you are...
- Seriously willing to execute your strategy in coming years
- Initiating, leading or participating in a strategy execution initiative
- A project manager or team member working on strategic projects
- Interested in working on your own strategy together with a certified facilitator
How we build your confidence
This training (and workshop) cover the relevant amount of theory and combine it with interactive discussions and exercises to practise methods and tools. Modular design of the sessions enables us to combine different blocks and to customise the session to the needs of the group.- Face-to-face training from a certified Hoshin Facilitator, including
- Real life examples and experiences
- Interactive group discussions and exercises to master the methods & tools
- Visuals (pictures, flipcharts, videos) to help memorise concepts long term
- Book, article and video recommendations for further learning
- 2 days coaching and working on participants’ own real cases (in the workshop)
The benefits from attending
By the end of the course you will:- Be able to tell the differences between vision, mission and strategy and evaluate an existing V/M/S
- Understand the difference between strategy creation, planning and execution
- Know the common approaches and tools used by successful organisations
- Be able to execute your own strategies
In case of workshop, there will be a “ready-to-go” strategy plan for the organisation.
Topics
Training- Vision, mission and strategy
- The difference between strategy creation and execution
- Why companies often focus on the creation and “forget” execution
- Overview of common frameworks (SEF, 8 Model) & methods (Hoshin, GE’s W Cycles, BS)
- Reverse-engineering of a strategy
- Explanation and application of Hoshin Kanri Process, Catchball and X-Matrix
- Daily management tools
- 3 key success factors
Workshop
- Agreeing on strategic priorities
- Creating team’s X-Matrix strategic plan
- Agreeing on roles & responsibilities
- Determining milestones & timelines
Optional
- A “Change Leadership” module can be included as it is critical for the success of the execution
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