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COURSE OVERVIEW
COVID-19 has changed the way we work, live and lead. Times of crisis leads to uncertainty in businesses and operations. Times of crisis also offers opportunities for organizations to rethink and re-assess their business strategy. How are you navigating these uncertain times? Adapting Strategy in a Crisis is vital to survival.
In this course, a leading expert in crisis, leadership and strategy provides you with essential methods to keep you and your team focused, inspired and aligned during this unique time. Learn how to handle the constantly changing landscape better, determine what information is accurate, re-evaluate your mindset, skills and the behaviours every leader needs to adapt strategy to thrive amidst uncertainty.
LEARNING OBJECTIVES
By attending Adapting Strategy in a Crisis program, delegates will learn:
- Understand why adaptability is the new competitive advantage
- Embrace reality and adapt traditional strategies to better manage uncertainty
- Strengthen your leadership and strategy adaptation and application skills when a business threat emerges
- Identify and manage stakeholder resistance to change
- Distinguish fact from fiction
- Adjust your strategic approach through better decision-making and communication
- Identify how stress is handled and develop tools for self-care
TARGET AUDIENCE
Adapting Strategy in a Crisis course is designed for all who want to improve and flourish their skills, including:
- Managers of people across different business units
- D-and C-level executives responsible for strategy execution
- Executives responsible for managing a company
- Consultants, interim directors or anyone involved in organizational change
TRAINING METHODOLOGY
Our highly practical experiential learning method is results-oriented; based on an adult learning concept. This course will be presented using a combination of lectures, practical/hands-on approach such as role-plays, case studies, presentation, and video. Practical cases and examples illustrate the variety of current practices and build individual capabilities. For the online session, PowerPoint slides and a recording of each session that you can review as often as you like.
Pre & Post course assessments will be used to measure the effectiveness of this training and measure the skill and ability of participants.
COURSE CONTENTS
Module 1 - Traditional Versus Adaptive Approaches to Strategy
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KeyTopics:
- The challenge for strategy making in times of uncertainty
- Difference between traditional and today’s strategy approaches and goals
- Why traditional strategies are hard to steer and do not respond well to changes in direction
- Moving from a traditional to an adaptive approach to strategy
- Experimenting rapidly and economically with strategies, business models and processes
Module 2 - Adaptative Organizational Principles
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KeyTopics:
- The employee skills required to adapt rapidly and manage complex multi-stakeholder systems
- The ability to read and act on external signals of change, decode them – distinguish fact from fiction – and quickly act to refine or reinvent your strategy (or business model)
- Using signal-reading capabilities to make operational interventions in real time (bypassing slow-moving decision hierarchies)
- Helping adaptability thrive by encouraging company-wide knowledge flow, diversity, autonomy, risk taking, sharing and flexibility
Module 3 - Getting your Strategy Implemented
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KeyTopics:
- Leading confidently and communicating openly and clearly
- Establishing top-down sponsorship to ensure consistent messages
- Recognizing resistance to change and dealing with it
- Handling personal stress during the upheaval
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