Training course overview
This Coventry Academy training course provides an effective way of understanding how strategy is created and executed. It is an opportunity for all professionals and leaders to learn how to convert strategy into an efficient operational performance. Strategy Focused Organisation (SFO) require a comprehensive execution model that supports long and short-term planning cycles; both strategically and financially. The execution model will support the entire set of management processes in order to continually review and evaluate performance and to track and assess the effectiveness of strategic initiatives. This training course will provide the basis that links strategy, planning, operations, and risk on a single platform.
A good strategy is not enough for success. It requires a proven execution model to achieve the organisational vision. In 2006, the Monitor Group asked Senior Executive about their number one priority and the answer was “Strategy Execution”. Various surveys over the past two decades indicate that 60 to 80 percent of companies fall far short of the targets expressed in their strategic plan because of poor “Strategy Execution”. Professor Robert Kaplan and David Norton, the Gurus of BSC and Strategy Execution conducted a survey about the state of strategy execution and found that most of the organisations did not have formal systems to help them execute their strategies.