Date: December 11 – 13, 2019
Business is all about accomplishing its vision through formulating winning strategies and their superior execution. Success of an organization is measured by the extent to which it has been able to realize its intended strategies while incorporating the emerging changes and overcoming the unwarranted challenges. Effective execution of strategies is the key to success. It represents a disciplined process and a logical set of connected activities that enables an organization to implement a strategy successfully. Without a careful, planned approach to execution, strategic goals cannot be attained. Developing such a logical approach, however, represents a formidable challenge to management. Most companies believe that, after careful strategic review, analysis and planning, they have a winning strategy. However, according to Fortune magazine, 70% of companies who fail actually fall short because of bad execution. The result of bad execution is both organizational failure and individual stress and frustration – especially for the executives responsible for implementation. Organizations having problems in executing their strategy simply fail at taking effective steps required for translating strategy into action. A host of factors, including organizational culture, inertia and resistance to change, routinely can get in the way of execution success.
Program Objectives:
• To help participants understand and apply basic building blocks of strategy execution to their own strategic initiatives and recognize factors affecting one’s ability to execute their organization’s strategy
• To provide the insights about the hidden barriers to strategic execution and how to overcome them
• To understand the importance of the leadership, culture and values of the
organization in overcoming the challenges inherent in managing change as the organization adapts to new competitive conditions
• To learn from the experiences of several corporate leaders who have
successfully executed their strategies to meet their organizations’ objectives
Coverage:
• Key elements and framework for strategy execution
• Managing critical dimensions for effective project execution
• Common barriers to strategy execution
• Relationship management with alliances and partners
• Effective change management
• Role of leadership and culture in effective strategy implementation.
Venue: International Management Institute B-10, Qutub Institutional Area New Delhi 110016
Registration Fees: Non-residential: Rs. 25,000/- per participant (plus 18% GST as applicable) covering professional fee, program kit and lunch Residential: Rs. 35,000/- per participant (plus 18% GST as applicable) covering professional fee, program kit and boarding/lodging (airconditioned single room) from noon of December 10, 2019 till noon of December 14, 2019 at IMI Campus.
Contact Information: International Management Institute Address: B-10, Qutab Institutional Area, Tara Crescent New Delhi 110016 Phone: (011) 4719 4172 (Direct) Fax: (011) 46012729 E-mail: ekta.saxena@imi.edu, mdp@imi.edu
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