Introduction to Strategic Management
1.
Training Introduction
The Introduction to Strategic Management
course provides participants with the foundational knowledge and skills needed
to understand, formulate, and implement organizational strategy. It focuses on
aligning organizational resources, capabilities, and competitive positioning to
achieve long-term objectives and sustainable success. The course emphasizes
strategic analysis, decision-making, and practical tools for effective
strategic management.
2.
Training Objectives
By the end of the program, participants will be
able to:
- Understand
the fundamental principles of strategic management.
- Analyze
the internal and external environment of an organization.
- Formulate
strategies that align with organizational vision, mission, and objectives.
- Implement
strategic initiatives effectively across different organizational levels.
- Evaluate
strategic performance and make informed adjustments.
- Foster
a strategic mindset and decision-making capability among leaders.
3.
Targeted Group
This course is suitable for:
- Emerging
and mid-level managers seeking strategic insight
- Team
leaders and department heads
- Business
analysts and operational managers
- Entrepreneurs
and start-up founders
- Professionals
seeking foundational knowledge in strategic management
4. Course
Duration
- Duration:
8
days (18–25 hours)
- Delivery:
In-person, virtual, or hybrid
5.
Training Methodology
- Interactive
lectures and expert-led discussions
- Case
studies on strategy formulation and execution
- Group
exercises and scenario-based simulations
- SWOT,
PESTEL, and other strategic analysis tools
- Practical
workshops on strategy development and implementation
6. Course
Content
Module 1: Fundamentals of
Strategic Management
- Definition,
purpose, and importance of strategic management
- The
strategic management process
- Key
concepts: vision, mission, objectives, and goals
Module 2: Environmental Analysis
– External Factors
- PESTEL
analysis (Political, Economic, Social, Technological, Environmental,
Legal)
- Industry
and competitive analysis (Porter’s Five Forces)
- Identifying
opportunities and threats
Module 3: Internal Analysis –
Organizational Capabilities
- Resource-based
view and core competencies
- Strengths
and weaknesses assessment
- Value
chain analysis
Module 4: Strategy Formulation
- Corporate,
business, and functional strategies
- Strategic
options and decision-making
- Aligning
strategy with organizational vision and mission
Module 5: Strategic
Implementation
- Translating
strategy into actionable plans
- Aligning
resources and organizational structure
- Change
management and leadership in strategy execution
Module 6: Strategic Control and
Performance Evaluation
- Setting
key performance indicators (KPIs)
- Monitoring,
evaluation, and feedback mechanisms
- Strategy
review and adjustment
Module 7: Competitive Advantage
and Innovation
- Building
and sustaining competitive advantage
- Innovation
as a strategic tool
- Strategic
risk management
Module 8: Capstone Exercise –
Strategic Planning Simulation
- Developing
a strategic plan for a case organization
- Group
presentation of strategy formulation and implementation
- Facilitator
feedback and evaluation
7.
Learning Outcomes
Participants will be able to:
- Understand
the fundamentals of strategic management.
- Conduct
internal and external environmental analysis.
- Formulate
and implement strategic plans aligned with organizational objectives.
- Monitor
and evaluate strategic performance effectively.
- Apply
tools and frameworks for strategic decision-making.
- Foster
a strategic mindset and leadership capability in organizational contexts.
8.
Certificate of Completion
Participants who complete all modules and the
capstone exercise will receive:
Certificate in Introduction to
Strategic Management
Issued by: FOTADE Training, Research and Resource Development
Centre
Certificate includes:
- Participant’s
name
- Course
title and modules completed
- Duration
and delivery mode
- Competencies
and skills acquired
- Official
signatures and FOTADE seal
2 Weeks
09:00am - 14:00pm