Strategic Management Training in Marina Bay, Singapore

This course provides a comprehensive framework for understanding and executing strategic management practices within organizations. It explores key concepts such as strategy formulation, competitive analysis, strategic decision-making, execution, and performance evaluation. Participants will learn how to align business strategies with organizational goals and environmental factors to achieve sustainable competitive advantage.

Course Agenda

Introduction to Strategic Management

• What is strategic management?

• Levels of strategy: corporate, business, and functional

• Strategic thinking vs. operational thinking

Strategic Environment Analysis

• External analysis: PESTEL and Porter’s Five Forces

• Internal analysis: VRIO, value chain analysis

• Competitive landscape and industry trends

Vision, Mission, and Strategic Objectives

• Crafting vision and mission statements

• Setting strategic goals and performance metrics

• Aligning objectives with corporate strategy

Strategy Formulation

• Generic competitive strategies (cost leadership, differentiation, focus)

• Corporate-level strategies (growth, diversification, stability, retrenchment)

• International and global strategies

Strategy Execution and Implementation

• Organizational structure and strategic alignment

• Leadership, communication, and change management

• Resource and capability allocation

Strategic Evaluation and Control

• KPIs and performance indicators

• Strategic dashboards and scorecards (Balanced Scorecard)

• Feedback loops and corrective actions

Contemporary Strategic Issues

• Digital transformation and innovation strategy

• Sustainability and corporate social responsibility

• Risk management and crisis response

Strategic Planning Capstone

• Strategic plan development exercise

• Group presentation and peer review

• Application of tools and feedback