Effective Strategic Skills for Planning and Economic Development

Description

Target audience:

Chairmen, Commissioners, Local Government Chairmen, Permanent Secretaries, Local Government Auditor General, Councillors, Vice Chairmen, Directors of Administration, Secretaries, Accountants, Treasurers and all local government functionaries responsible for local government administration.

What you will learn

• Introduction to Strategy.
• Evaluation of the External Environment – PESTLE Analysis, Five Forces Model, Competitor Analysis; Stakeholder Analysis, Analysing an Economy.
• Evaluation of the Internal Environment – Value Chain, Financial Statements, Resource Audit, Core and Distinctive Competencies.
• Strategic Direction – Vision Statement; Mission Statement; Value Proposition.
• Strategic Choice: Generic Strategy Options; Competitive Advantage of Nations; Strategy.
• Evaluation and rank.
• Strategy Implementation – From plan to action; the Balanced Scorecard Economic Planning.
• Identify pitfalls of strategy implementation and current best practice to overcome them.
• Build an implementation plan for executing a defined strategy.
• Design a high-level Balanced Scorecard.
• Develop an action plan for a strategic option.