2025 Strategy Execution Challenge: 20% Market Share; 25% Dividend Growth
Most organizations struggle to realize the full potential of their business strategies. Is your implementation bold, focused and as simple as possible? Do you mobilize the right resources? Do you leverage insight on customers and competitors? Do you promote team engagement and cross-business cooperation? Do you own the decisions you make? This immersive, experiential simulation lab will show you how to deliver the right strategies, and the right way to close the gap between strategy design and execution. It will give you deep insight, as well, into the nature of practical change management, decision making and portfolio management — and how projects support different business models. The program comes at the right time as our industry enters a new era of profound change driven by technology. Anchored by a computer simulation, the lab creates a highly engaging hands-on environment that will enable you to lead collaborative decisions with other business functional team members while considering project portfolios from different business perspectives.
The Challenge Ahead
It is estimated that 50% to 75% of large-scale change management efforts fall short of expectations when your projects are driven by either good, but unachievable strategy, or the VUCA (Volatile, Uncertain, Complex and Ambiguous) environment. In many cases the principal problem is that companies focus on executing individual projects and judge their performance based on traditional output-driven metrics such as time, scope and budget. What gets lost in this approach is a clear perspective on whether the projects, individually or collectively, truly help the company achieve its ultimate strategic objectives and create future business value.
In this seminar the challenge to sustainable growth through strategy implementation is critical. In a world with constant disruptions your organization needs to engage with its ecosystem in designing and implementing strategy. This seminar will show you how to move from an idea to fruition — by developing holistic knowledge and a networking platform that helps your organization bridge the gap between your strategy design and your strategy delivery. The workshop will provide a business simulation, lectures, process consultation, assessment instruments, group discussions, and action/reflection time.
Your management team is “parachuted in” to turn around a struggling company for 4-5 years, given only a small amount of investment capital as well as a loan; some property and equipment; a few talented recruits; a handful of customers; and over 60 internal project options. Your mission is to emerge as the market leader in an intensely competitive market place. You must craft a strategic execution plan to turn the company around and you will need to build relationships with other business units to enhance overall business performance.
Please be sure to bring your personal laptop to this session; participants will be required to use them.
What You Will Learn
Experience business-owner ‘big picture’ thinking to develop a strategic mindset.
Manage the most important intangible assets that account for benefits realization, market value and capitalization
Lead collaborative decisions with other business functional team members while considering project portfolios from different business perspectives
Identify and align strategic project investments and resources to current and future core capabilities
Manage the complex relations and trade-off decisions required for strategy execution.
PDU Allocation TableThe table below displays the number of professional development units (PDUs) awarded for each PMI® credential, as they align to the PMI Talent Triangle®. Leadership and Strategic PDUs apply evenly across all credentials and Technical PDUs apply only to specific credentials. PDUs will be added in full to all eligible credentials.