Introduction:

 Strategic Management is the cornerstone of successful business operations in today's competitive landscape. It involves the formulation and execution of strategies to achieve organizational goals and maintain a competitive edge. This comprehensive training program is designed to equip participants with the knowledge and skills necessary to excel in strategic management.

Course Objectives:

1. Understand Strategic Thinking: Develop the ability to think strategically and recognize the importance of aligning organizational objectives with long-term goals.
2. Strategic Planning Proficiency: Learn how to create, implement, and evaluate effective strategic plans that drive business growth.
3. Competitive Analysis: Master the techniques for analyzing market dynamics, competitor behavior, and industry trends to make informed strategic decisions.
4. Resource Allocation: Learn how to allocate resources efficiently, including finances, personnel, and technology, to support strategic initiatives.
5. Change Management: Develop skills to manage organizational change and adapt to evolving market conditions.
6. Leadership in Strategy Execution: Gain insights into leadership styles and approaches that facilitate successful strategy execution.

Organizational Benefits:

• Improved Decision-Making: Enhanced strategic thinking and analysis skills among employees lead to better decision-making at all levels of the organization.
• Competitive Advantage: A well-implemented strategic management framework helps the organization maintain a competitive advantage in the market.
• Increased Efficiency: Efficient resource allocation and execution of strategic plans result in improved operational efficiency.
• Enhanced Innovation: A strategic focus encourages innovation, fostering a culture of continuous improvement.
• Better Risk Management: Participants learn to identify and mitigate risks associated with strategic initiatives, reducing potential setbacks.
• Leadership Development: The training program nurtures leadership qualities, creating a talent pool of future leaders capable of driving the organization's success.

Target Participants:

This training program is ideal for:

1. Executives and Senior Managers: Those responsible for developing and implementing the organization's strategic direction.
2. Mid-Level Managers: Individuals involved in translating strategic plans into actionable tasks.
3. Functional Heads: Leaders in specific business functions seeking a broader strategic perspective.
4. Entrepreneurs and Business Owners: Those looking to enhance their strategic acumen for business growth.
5. Consultants: Professionals providing strategic advice to organizations.
6. Anyone Seeking Career Advancement: Individuals aiming to enhance their strategic management skills for career progression.

Course Outline:

Module 1: Foundations of Strategic Management

• Understanding Strategic Management Concepts
• Historical Evolution and Key Theories
• Role of Strategic Management in Organizational Success
• Ethical and Social Responsibilities in Strategic Decision-making

Module 2: External Environmental Analysis

• PESTLE Analysis and Trend Monitoring
• Industry Analysis and Porter's Five Forces
• Competitive Landscape and Benchmarking
• Strategic Group Analysis and Market Segmentation

Module 3: Internal Organizational Analysis

• Resource-based View (RBV) Analysis
• Core Competencies and Competitive Advantage
• Value Chain Analysis and Business Process Optimization
• SWOT Analysis and TOWS Matrix

Module 4: Strategy Formulation and Types

• Vision, Mission, and Values
• Business-Level Strategies (Cost Leadership, Differentiation, Focus)
• Corporate-Level Strategies (Diversification, Integration, Strategic Alliances)
• Functional-Level Strategies (Marketing, Operations, HR)

Module 5: Strategy Execution and Implementation

• Strategy Execution Frameworks
• Building an Execution Culture
• Aligning Resources and Capabilities
• Communication and Employee Involvement in Execution

Module 6: Performance Metrics and Measurement

• Key Performance Indicators (KPIs) and Balanced Scorecard
• Performance Dashboards and Reporting
• Strategy Map Development
• Feedback and Continuous Improvement

Module 7: Change Management and Strategic Leadership

• Leadership Styles and their Impact on Strategy
• Leading Change in Organizations
• Employee Engagement and Change Adoption
• Overcoming Resistance to Change

Module 8: Strategic Innovation and Entrepreneurship

• Encouraging Innovation and Creativity
• Design Thinking and Innovation Frameworks
• Corporate Entrepreneurship and Intrapreneurship
• Managing Risk in Innovation

Module 9: Strategic Alliances and Partnerships

• Collaborative Strategies and Partnerships
• Joint Ventures and Mergers & Acquisitions
• Strategic Networking and Relationship Management
• Alliance Evaluation and Management

Module 10: Global Strategic Management

• Global Business Environment and Cultural Factors
• International Expansion Strategies
• Managing Multinational Operations
• Global Risk Management and Compliance

Module 11: Crisis Management and Resilience

• Crisis Identification and Preparedness
• Crisis Communication and Stakeholder Management
• Developing Crisis Response Plans
• Learning and Improving from Crises

Module 12: Sustainability and Corporate Social Responsibility (CSR)

• Integrating Sustainability into Strategy
• CSR Strategies and Practices
• Sustainable Supply Chain Management
• Reporting and Monitoring Sustainability Initiatives

Module 13: Technology and Digital Strategy

• Digital Transformation and Its Implications
• Technology Adoption and Strategy Alignment
• E-commerce and Online Strategy
• Cybersecurity and Data Privacy Strategy

Module 14: Strategic Human Resource Management (SHRM)

• Aligning HR Strategy with Organizational Strategy
• Talent Management and Succession Planning
• Performance Appraisal and Incentive Systems
• Employee Development and Training for Strategy Execution

Module 15: Strategy Review and Adaptation

• Reviewing and Assessing Strategy Effectiveness
• Scenario Planning and Risk Assessment
• Strategy Adaptation and Flexibility
• Learning from Strategy Failures and Successes

Module 16: Strategic Communication and Stakeholder Engagement

• Communication Strategies for Strategic Alignment
• Internal and External Stakeholder Engagement
• Reputation Management and Crisis Communication
• Influencing and Negotiation Skills in Communication

General Notes

• All our courses can be Tailor-made to participants' needs
• The participant must be conversant in English
• Presentations are well-guided, practical exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10 years of experience.
• Upon completion of training the participant will be issued with a Foscore development center certificate (FDC-K)
• Training will be done at the Foscore development center (FDC-K) centers. We also offer inhouse and online training on the client schedule
• Course duration is flexible and the contents can be modified to fit any number of days.
• The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance, and other personal expenses.
• Accommodation, pickup, freight booking, and Visa processing arrangement, are done on request, at discounted prices.
• Tablet and Laptops are provided to participants on request as an add-on cost to the training fee.
• One-year free Consultation and Coaching provided after the course.
• Register as a group of more than two and enjoy a discount of (10% to 50%)
• Payment should be done before commence of the training or as agreed by the parties, to the FOSCORE DEVELOPMENT CENTER account, so as to enable us to prepare better for you.
• For any inquiries reach us at training@fdc-k.org or +254712260031
• Website:www.fdc-k.org