Strategic Leadership for Future Vision and Administrative Plans Preparation and Achievement
Course Code: MN20
Course Objective
- Develop a strategic sourcing strategy that achieves tangible results
- Implement the strategic sourcing strategy to maximize total cost savings
- Assess and prioritize opportunities for savings
- Establish processes to manage performance of the strategic sourcing contract
- Apply best practices and lessons learned in strategic sourcing efforts
Target Audience
This course will mainly benefit to purchasing managers, senior buyers, project managers, civil engineers, construction managers, contractors, sub-contractors, site engineers, senior management, and government agencies, architects, construction professionals, and anyone responsible for purchasing at a senior level who seeks to enhance their skills further.
Course Outline
Day 1: Introduction to Strategy and Business Analysis
- What is the link between Strategy and Business Analysis?
- Definitions, concepts and key terms
- What makes a strategy successful?
- Performance measures and strategic alignment
- Governance and Information Management
Day 2: How is Business Strategy Formulated?
- Vision and values, mission and goals
- Analyse external environment
- Business capability analysis
- Assess strategic fit and formulate strategy options
- Strategy Maps and The Balanced Scorecard
- Using the Business Model Canvas
Day 3: Strategic Planning Best Practice Whilst Avoiding the Pitfalls
- The strategy life-cycle and the problem of strategic drift
- Getting innovative thinking into the organization
- The potentially negative dimensions of success
- How to avoid “paralysis by analysis”
- Overcoming inability to evaluate fresh ideas, denying the truth and thinking inside the box
- The critical importance of good Planning Team dynamics
- Mini-case and group discussion – “How and why a good organization can go bad”
Day 4: Personal Strategic Planning
- Applying strategic tools and techniques to the individual
- Personal goal setting, creating a personal strategic plan
- Implementing change – achieving progress as a strategic manager
- The mix of competencies and personal skills required in 21st century business
- Executing strategy – how to break it down and get it done
- Developing inspiration and gathering support
- Overcoming adversity by leveraging your skills and building on success
- Conclusion – a personal role in the strategic planning and goal setting processes
Day 5: Defining and Developing Effective Sourcing Strategies
- Defining Procurement Excellence
- Tactical versus Strategic Sourcing
- Strategic Sourcing Benefits
- The Strategic Sourcing Process
- Develop a Strategic Sourcing Plan
- Develop the Acquisition Strategy
Day 6: Supply Management Analysis and Techniques used in Strategic Sourcing
- Procurement Analysis and Classification
- Evaluate and Prioritize Commodities
- Strategic Cost Management
- Principles of Cost and Value Management.
- Understanding the Total Cost of Ownership
- Purchasing Analysis Tools and Techniques
Day 7: Sourcing Path Selection (Competition or Collaborative Supplier Development) and Supplier Performance Management
- Analyse the Supply Market and Identification of Preferred Supplier(s)
- Supplier Development and the Strategic Sourcing Process
- Proposal Solicitation and Evaluation
- Negotiation Strategy – Competitive vs. Collaborative
- The Importance of Supplier Performance Management
- Developing and Maintaining Long-term Supplier Relationships
Day 8: Strategy Analysis
- Introduction to Strategy Analysis in a Business Analysis Context
- Analyze current state
- Define future state
- Assess risks
- Define change strategy
- Strategy analysis case study
Day 9: Putting Analysis, Requirements and Design into Action
- Developing strategic thinking capability
- Practicing interaction skills
- Additional tools and techniques
- Case study: putting business analysis into practice
- Identifying Business Analysis Performance Improvements
- Commitment to action
Day 10: Solutions and Perspectives
- How to analyse, value and recommend solutions
- Analysing performance measures
- Agile perspective
- Business Intelligence perspective
- Business Architecture
- Business Process Management
Register for this course
Date & Location