Get Your Strategy Right

Outline:
The success of a company depends on its leader and how they will lead their employees and plan for the future. This Course identifies with current trends and a downward economy; where many small and medium businesses will struggle.  There is a growing demand for this type of  programme among CEOs within SMEs, particularly for peer group discussion amongst senior managers and directors.

For Whom:
This course will enable learners develop a critical understanding of the importance of management development and leadership to both organisations and national economic success and an in-depth appreciation of the importance of business strategy in aligning management development policy and practice with business values and ethics. 

Objectives:
On completion of this module participants will be able to understand The Strategic Planning Process and should be able to:

  • demonstrate understanding of the term ‘strategic planning’
  • analyse the benefits of a strategic approach to management
  • analyse the tasks involved in the strategic planning process
  • use key management tools to analyse the current situation of an organisation e.g. SWOT & PEST
  • demonstrate ability to draw appropriate conclusions from SWOT & PEST analysis
  • explain why organisations must be capable of change and renewal
  • evaluate various ways in which organisations plan for change
  • distinguish between each level of planning: strategic, tactical and operational
  • Formulate a Vision, Mission and Goals
  • participate in the formulation of a vision
  • participate in the development of a mission statement
  • analyse the need for objectives
  • outline short and long-range objectives
  • demonstrate an understanding of the term ‘SMART’ objectives
  • define the term team and differentiate between groups and team
  • analyse the five stages a group may go through i.e.: forming, storming, norming, performing and adjourning
  • discuss group cohesion and why groups or teams are formed
  • discuss group leadership and the various types of leaders
  • outline the group or team decision- making process, and identify which processes are better suited to different types of decisions
  • analyse the most frequently used channels of communication in groups and identify some of the barriers to group communications
  • analyse group conflict and identify common sources of conflict and how group conflict might be resolved
  • define synergy and give examples of synergistic teams   

Duration: This is a 2-day course. 

Accreditation: After completing this programme, participants will receive a FETAC Level 6 Minor Award in Strategic Planning.  

FAS Funding: This course is 50% funded by FAS. 

Examination: Participants are required to undertake the following assessment : 

  • Assignment 1 20%
  • Assignment 2 20%
  • Project 60%