5 Days - Strategies & Risk Management

Training Description

Day 1: Introduction to Business Strategy and Risk Management

·         Overview of business strategy and its importance in achieving organisational goals

·         Key elements of a business strategy: vision, mission, and objectives

·         Understanding the strategic planning process

·         Identifying and analysing internal and external factors influencing business strategy

·         Introduction to risk management and its role in strategic decision-making

Day 2: Strategic Analysis and Formulation

·         Performing SWOT analysis: gauging strengths, weaknesses, opportunities, threats

·         Examining industry dynamics and competition

·         Spotting strategic choices, gauging viability

·         Opting for strategy: differentiation, cost leadership, focus

·         Creating objectives, setting performance goals

Day 3: Strategy Implementation and Execution

·         Translating strategy into action plans and initiatives

·         Resource allocation and budgeting for strategy implementation

·         Building effective organisational structures and systems

·         Leading and managing change during strategy execution

·         Monitoring and controlling strategic initiatives

Day 4: Risk Assessment and Risk Mitigation

·         Understanding the concept of risk and its various types

·         Conducting a risk assessment: identifying, analysing, and prioritising risks

·         Developing risk mitigation strategies and contingency plans

·         Implementing risk management processes and practices

·         Monitoring and reviewing risk management activities

Day 5: Business Continuity and Crisis Management

·         Introduction to business continuity planning

·         Identifying critical business functions and resources

·         Developing a business continuity plan

·         Crisis management and communication strategies

·         Conducting post-crisis analysis and lessons learned