Strategy formulation
Success and continuous growth in an organisation cannot take place without a strategy that is both realistic and includes deadlines, as well as KPIs. Formulating such a strategy requires the most specialized knowledge.
For whom do we recommend our Strategy formulation program?
The assumption that major projects and significant tasks constitute the overall strategy is a prevalent error among key personnel in organisations and companies. In reality, these do not show where the organisation aims to be in one to three years, nor do they outline the specific steps required to get there. For example, a company’s strategic goal might be to become a market leader in manufacturing. Building and launching a new factory is a crucial project in this context. While the successful construction and operation of the factory are important components, it is vital to understand that this is only a part of the strategy, not the strategy itself.
This program is specifically designed for senior executives who may have a propensity to prioritize significant projects over the comprehensive organisational strategy, often encountering hasty decisions and resource inefficiencies. It is designed for those who value the need for the entire organisation to operate with clear, measurable objectives, ensuring that operations are consistently guided by the overarching vision and mission.
Results of the Strategy formulation program
A strategy with specific goals, deadlines, and KPIs is created, making it clear to all members of the organisation. Participants will be part of an organisation that knows exactly where it came from, where it is headed, and how it will get there. They will be aware of the shared goals, understand, and track their own and their colleagues’ performance. They will execute their tasks on a daily basis while adapting to changing circumstances to ensure the strategy’s implementation. The organisation will experience measurable development and growth.
Themes and process of the programme
How do we reach the actual implementation steps of the organisational vision?
Formulating strategic goals and assigning KPIs.
Selecting and applying a strategy formulation model appropriate to the organisational lifecycle.
Understanding and selecting various strategies aligning with the organisational goal.
Defining success criteria and performance indicators for strategic elements.
Developing appropriate sub-strategies broken down by organisational units.
At AGORA Institute, it's possible to conduct an annual review of the strategy, thus the organisation will receive feedback on whether it is on the right track.
Attendance
In-Person
Recommended group size
5-20 participants
Duration
1-2 days
Available in
Hungarian / English
On request
Expert opinion
Format
Workshop
Recommended for
Everyone with influence over the strategy: CEO, leaders of organisational units, owners, key personnel
Have any further questions regarding our Strategy formulation program?
Please provide us with your contact details and our training expert will reach out to you shortly. Or feel free to contact them via one of the options below!
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