Strategy Formulation (Karachi)

June 24 – 25, 2024

@ PIM, Karachi.

COURSE DESCRIPTION

Globalization, the integrated internationalization of markets and corporations, has changed the way modern corporations do business. Since, the World Is Flat, jobs, knowledge, and capital are now able to move across borders with far greater speed and far less friction. As a result, strategic management is becoming an increasingly important way to keep track of international and local developments and position of a company for its long term competitive advantage. This seminar has been designed to introduce various diagnostic tools and techniques for organization, industry, economy, and environment analysis. The analysis will lead to strategy formulation techniques and implementation process. Factors having influences on strategy success or failure in the local environment would be highlighted.

COURSE CONTENTS

1. Understanding strategic management framework
2. Forming a strategic thinking
3. Evaluating the strategy building blocks
4. Developing strategic management process
5. Diagnostic tools for strategy formulation
6. Techniques for strategic analysis
7. Steps in strategy formulation
8. Ingredients for successful strategy execution
9. Barriers to strategy implementation
10. Reasons for strategy failures

LEARNING OUTCOMES

• To establish competitive mindset.
• To learn various analytic tools for strategy formulation.
• To learn about strategy execution process.
• To learn about strategy evaluation and its importance.
• Identifying reasons for strategy failures.