Saudi Arabia
Egypt
UAE
Canada
Strategic Thinking
Accreditation Number: 115349749
Approval
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Identify the strategic planning process, its control, and its key components by understanding and applying strategic thinking. Develop organizational and managerial strategies using the organization's strategy to identify Key Performance Indicators (KPIs) to formulate the Balanced Scorecard for the organization. Ultimately, the goal is to transform the strategic plan into an operational plan that drives success within the organization.
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By the end of this course, participants will be able to:
• Identify the strategic planning process, its control, and its key components.
• Understand and apply strategic thinking.
• Develop organizational and managerial strategies.
• Use the organization's strategy to identify Key Performance Indicators (KPIs).
• Use Key Performance Indicators to formulate the Balanced Scorecard for the organization.
• Transform a strategic plan into an operational plan.
- Definitions and principles of strategic management.
- Benefits of strategic management.
- The strategic planning model.
- SWOT analysis.
- How to formulate vision and mission statements.
- Using visions and missions to make decisions about strategic alternatives.
- Key Results Areas (KRAs).
- Key Performance Indicators (KPIs).
- Goals and objectives.
- Using KRAs and KPIs in goal setting.
- Transforming strategies into operational plans.
- The technique of linking goals, strategies, action plans, and budgets.
