Strategic Management & Planning
Corporate Training
“An effective board establishes a sustainable business model and a clear strategy consistent with it”
PRA Corporate Governance and Board Responsibilities
A clear and articulated business model, well thought out strategy and robust governance are not just regulatory “box ticking exercises” but a commercial imperative regardless of industry. This first module introduces the business model, strategy creation and business planning.
In insurance this is often an underdeveloped skill: often never learned before you have to do it for real as a board director, and then learning “on the job”. This module offers the fundamental processes and stages as a spine from which hang the practical “doing”. The best practice is neither scientific nor formulaic, but whatever approach is chosen, this can be the start point.
Who should attend?
Managers, Team Leaders and all those seeking to expand their skills on the topic. Wherever you are on your career journey, developing and maintaining your personal and professional skills helps to ensure you continue to grow and thrive.
Our range of Management, Leadership and Skills courses are designed to equip you with skills to optimise your personal performance, lead your team effectively and strengthen your business..
Summary
Duration: 1 Day
No of attendees: 12-16
Format: Online - Virtual/ Face-to-Face Delivery
CPD: Recognised
Learning Objectives
The aim of this module:
- Explain the vital role of the business model and its link with strategy creation
- Apply the process of strategy creation and strategic analysis
- Identify external and internal factors affecting strategy, and assess business risk
- Outline the strategic options available to businesses, e.g. mergers / acquisitions / networks
- Describe the importance of Business Planning and the key components of a Business Plan
- Outline the process for launching and monitoring a Business Plan
- Implementation: manage the reality of strategic drift
Learning outcomes
By the end of the course the delegates will be able to:
- The planning process: business model TO strategy TO business plan
- Strategic decision making
- The process of strategy
- Strategic analysis: internal and external
- Risk considerations and risk appetite alignment
- Objectives, Key Performance Indicators and Critical Success Factors
- Preparing a structured business plan which recognises
- Needs of all the stakeholders
- Current business model
- Regulatory climate,: conduct, governance and culture
- Handling uncertainty and contingency planning
- Diversification, innovation, mergers and acquisitions……
- Implementing the business plan
- developing a business plan
- launching a business plan
- Monitoring and managing the causes of strategic drift
To discuss this course or your learning needs
Your CII Relationship Manager would be delighted to explore your learning needs and can draw on the expertise within the CII Learning Solutions team to support you further.
Please speak with your Relationship manager in the first instance or contact business.enquiries@cii.co.uk for more information.