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Strategy and Innovation

Building an Effective Strategy

info_mark_grey In-person

$2,390

Course Start Date
Duration
Hours of Study
Instructors
PDU / CDU
Days and Times expand
Fee
$2,390
Tax
$120
Subtotal
$2,510
Add to Cart

You may be asked to or create an account to register and pay.

Duration
Hours of Study
Instructors
PDU / CDU
Days and Times expand
Fee
$2,390
Tax
$120
Subtotal
$2,510
Add to Cart

You may be asked to or create an account to register and pay.

Duration
Hours of Study
Instructors
PDU / CDU
Days and Times expand
Fee
$2,390
Tax
$120
Subtotal
$2,510
Add to Cart

You may be asked to or create an account to register and pay.

Duration
Hours of Study
Instructors
PDU / CDU
Days and Times expand
Fee
$2,390
Tax
$120
Subtotal
$2,510
Add to Cart

You may be asked to or create an account to register and pay.

Strategy and Innovation

Building an Effective Strategy

Develop a game plan for success

No matter what your business situation—from private firms looking to generate shareholder value; to public sector agencies facing a multitude of program options; to not-for-profits needing to do more with less—strategic planning is essential to improving your organization’s long-term chances of success. 

This introductory course will immerse you in the world of business strategy. Learn basic frameworks for designing a winning strategy in public, private and not-for-profit settings. Practice techniques to analyze your organization as it is, and imagine how it could be better. Map out a mission, vision and priorities for strategic action. Brainstorm possibilities to generate strategic options. Increase your personal capacity to see around corners, create opportunities and drive innovation and growth.

Note: Building an Effective Strategy covers the fundamental concepts, tools and practices of strategy, while Strategy Implementation that Works looks at strategy execution. There is no overlap between them, but together they form a natural progression of learning.

Video thumbnail for Building an Effective Strategy
This course is ideal for: 
  • High-potential early career managers
  • Mid-level managers and team leaders recently tasked to think/act strategically or write a strategic statement
  • Project, marketing and other intrapreneurs responsible for developing an innovative idea or project 
  • Government and non-profit decision-makers
  • Entrepreneurs and consultants who design systems to meet business goals

(Participants are not expected to have any previous experience with strategy).

  • Think, speak and act more strategically, and relate strategy to your daily decisions and your company’s competitive context
  • Consider possible future strategic directions and their consequences
  • Diagnose your challenges and frame incisive questions around them
  • Move from problems to possibilities: generate new options for strategic solutions
  • Develop a vision for growth and a roadmap for getting there
  • Establish winning conditions by setting realistic targets and testing ideas for barriers
  • Use the strategic planning process to guide the organization’s sustainability over the long run
Impact on your organization, team or business:
  • Promote deeper understanding of how strategy works and how to evaluate strategic options 
  • Generate a greater range of creative solutions 
  • Ensure strategic planning at the departmental level aligns with the greater organizational vision and objectives
  • Enable your employees to contribute at a higher level
  • Be better positioned to launch change initiatives that leverage competitive advantage

Strategic Understanding and Analysis
  • How do different companies compete, and what are the options for strategy?
  • Traditional vs. modern strategy 
  • Analyzing your company’s activities at the highest level
  • Developing corporate vision/mission/goals/strategies and tactics in both for-profit and not-for-profit organizations
  • Key tools and concepts for framing strategy (PEST Analysis, Strategic Group Mapping, Industry Life-Cycles, Key Success Factors, Forecasting, etc.)  
  • Segmenting your customers and products/services to describe what business you are really in and how you align with the rest of the industry
  • Applying the 5-Forces Analysis to understand industry trends and competitiveness 
  • Using the 7-step Strategic Analysis framework to garner a comprehensive overview of the industry
Strategic Application
  • Building a Strategy Canvas to understand how you and others are differentiated, and to explore future options and their implications on the industry 
  • Identifying any company’s true competitive advantage and how this is used in a variety of circumstances
  • Developing a strategy statement that includes the logic, scope and long-term goals to succeed
  • Applying frameworks to foster tangible solutions to strategic challenges 

Profile

Perry Atwal

Perry Atwal

Lecturer

Perry is a full-time lecturer at the UBC Sauder School of Business. He teaches courses on business strategy, leadership, organizational behaviour and employment relationships . His professional journey includes a tenure with Morgan Stanley, where he contributed to the Investment Banking and Equity Research Divisions in London, Hong Kong and New York. He has also consulted with Deutsche Bank, Credit Suisse and Barclays Capital.

What other professionals think

 

Before this course, I had no knowledge about business strategy (beyond the intuitive knowledge of running my own professional practice and being told about the strategy of my current large employer). In a few hours of pre-course preparation and two days in class, I now have a very concrete base of knowledge about strategy that I can apply to my work. I have several tools that I can easily apply to understand the 'why' behind my employer's strategy and how I might advance that strategy within my own role. I have a set of written ideas developed in class that I can build on. Perry was an excellent instructor!

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