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This
strategic review workshop does not set out to develop all the
required skills in detail, instead it provides a basis for examining strategic
management skills, for recognising their relevance and practising them in a simulated
environment. The management training workshop covers five sessions: 1)
WHAT IS STRATEGIC MANAGEMENT 2) THE ORGANISATIONAL
ENVIRONMENT 3) STRATEGY AND COMMITMENT
4) PLANNING AND IMPLEMENTING STRATEGY 5)
EVALUATION & PERFORMANCE IMPROVEMENT The
course will examine what is meant by strategic review and management
by considering a range of management activities, identifying the differences between
them and attributing them to strategic or operational management. We will assess
the role of management, focussing on their responsibility for determining future
direction in terms of setting vision, creating mission statements and forming
strategy.
A key task for strategic managers is to shape the internal environment
to respond to the future demands of the external environment. A consideration
of these factors is the starting point for the development of an organisation
strategy. The external environment includes the trends and changing demands and
needs of customers, competitors, collaborators and suppliers (STEEP).
The internal environment includes an examination of strengths and weaknesses
(SWOT), CSF's, systems, processes and associated
driving and restraining forces. A senior manager without a vision cannot
be a strategist! The vision is the, perhaps idealised, view of
what the future will be like for the organisation. It creates the drive, energy,
and organisational cohesion. But it needs expressing in a form which can be easily
communicated, and in a way which describes the direction the organisation is going
in. The mission, therefore, should cover:
- what the organisation is (aspirations)
- who the organisation serves
(customers)
- who wants what, when (needs/expectations)
- what the
organisation will provide (products/services)
- which is differentiated
from others (competitors)
Planning
here does not refer to detailed activity based techniques. Rather it is the high
level process of setting goals, securing physical and human resources to meet
the goals and monitoring performance to ensure goals are met.
This will
necessitate some understanding of process management, competence
requirements analysis, how to match competence to capability,
and result gap to HR development and succession
planning. Good strategies have very clear success criteria. However,
these are not in measurable form until SMART objectives have
been set, (perhaps for the next year). The session will look at ways in which
measures of success can be agreed and methods of assessing achievement can be
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