Training material on strategic management and measurement skills by Oak Innovation
Creating training material on strategic management and measurement is hard. Let’s not pretend that it’s anything else.
You know how it feels. You need to deliver the course, decide that you need content, and get a burst of energy to collect lots of ideas of what to include. The problem is, how do you put everything together, and what stays in and what gets cut.
So, you then start to think about your audience, what they might need to know, and is there anything else that you need to put in place. Then you begin to wonder how will this all fit together in a way that you can deliver the training course.
You reflect over the broad aspects that wouldn’t ordinarily trouble you and procrastinate over the finer details that should be of concern.
And, of course, you have no time to do any of this as you are already busy doing everything else.
Here comes Oak Innovation to the rescue with pre-written and 100% customizable training material.
Now, let’s look at what you will get and how you can use this material.
Understand your target audience
Can’t decide on where to start? Are you hesitating between definitions and real-life examples?
Let’s be clear; most people out there do not know that much about strategic management skills not to mind the whole area of measurement. So anything that you can bring to the table will be of significant value.
But what questions do you think your audience is asking, right now?
What is a strategy? Would that be an easy thing to measure? Isn’t all this talk of strategic management well outside my paygrade? What value is there for me in participating in this course? What can I do with all this information to help me in my job? Does any of this matter?
Use these materials to provide your audience with an understanding of the critical components of measurement within the workplace. Then, discuss what the factors involved are and why we all should we learn about the Balanced Scorecard. Once you’ve covered that content, share templates to measure the strategy of a company.
This course can be delivered to line managers, supervisors, team leads, and also many line staff.
Let’s explore the training material in more detail and how it can be delivered.
This Strategic Measurement Skills training program will primarily address the needs of senior managers responsible for leading strategic management initiatives and for all line staff that are required to participate within measuring such actions. Supervisors, owner-managers, new managers, and line-staff will find it particularly useful.
Upon completion of this course, your course participants will be able to:
– Understand the importance of measurement and management
– Identify the critical components for measuring and managing strategy
– Identify the role of the strategic measurement and management
What you get
You will instantly receive the following training course materials to deliver your strategic management and measurement training courses:
- 56-page participant manual
- 76 powerpoint slides
- Practical exercises
- Further reading
- Course evaluation form
- Action plan
Extra free training materials available
You will also receive the following free training guides:
- Training icebreakers
- How to select training materials
- Training games
- How to increase participation
- Learn to improve your questioning skills
- How to improve your listening skills
- Learn how to deal with difﬁcult people
- How to evaluate training courses
Introduction to strategic measurement and management – Spend the early part of this course connecting with your audience, and allow everyone to focus on the objectives provided. By using the content to explore the five tasks of strategic management, you open your audience to the broader area of strategy. The main emphasis is to design and implement a system that will allow course participants to see how effectively a strategic initiative influences the performance of the organization.
Use the content to instruct your audience on the four primary barriers to implementing a strategy. For example:
- Visions and strategies that are not actionable
- Strategies not linked to departmental, team, and individual goal/li>
- Strategies not linked to long and short- term resource allocation
- Feedback that is tactical, not strategic
During this first section, we suggest that you share your perspectives on the application of measurement within companies and crucial aspects like instrumentation. Your experiences and reflections will make the content more meaningful to your audience. And, to put it simply, this form of storytelling will help your audience to get the maximum benefit from the material presented.
What do we need to guide the business – Some companies put a lot of emphasis on certain aspects of their strategic plan. For example, there are several ways to direct a business, but anything that meets the strategic and financial objectives is suitable. For best results, make sure to use the content provided to examine strategic enterprise management and strategic implementation. Help your audience to appreciate that strategic enterprise management is dependent upon four basic principles:
- A continuous process
- Everyone’s job
- Leadership is apparent
- Knowledge networks are active
Of course, it’s a good idea to include some real-world experiences, so we suggest that you include some company or industry-specific examples that your audience will relate to, and explore key success factors, metrics, and how to gather information.
Introducing The Balanced Scorecard (BSC) – Do you ever take notice of those quotations that pop up on social media? And, perhaps you’ve wondered, could any of them be of value within your training courses? Well, here’s one that works here – ‘If you can’t measure it, you can’t manage it.’ It turns out that this is the basic premise behind this course.
Now, it’s time to get specific.
In this section of the course, you get to turn your audience’s thoughts toward the BSC value chain, perspectives, cause and effect, and enterprise management. When your audience is then ready, use the content to explore critical areas like themes, cascading, OMTI grids, strategic measurement, and control.
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Frequently asked questions from strategic management and measurement courses
What are the five tasks of strategic management?
Deciding to create a strategy is one thing. But, understanding what is involved is a whole different aspect.
It will require a bit of time in the beginning to explore the following five tasks.
- Develop and vision and mission statement
- Set objectives
- Create a strategy to achieve objectives
- Implement and execute the strategy
- Evaluate and create
What are the four main barriers to implementing a strategy?
As a rule of thumb, these are the four main barriers to implementing a strategy.
- Visions and strategies that are not actionable
- Policies not linked to departmental, team and individual goals
- Strategies not tied to long and short-term resource allocation
- Feedback given is tactical and not strategic
What are the potential sources of barriers to implementing a strategy?
Traditionally, if a strategy starts to go wrong, people believe that it is a problem with the plan. However, if a company has a robustly designed policy that is not going well, then the following are potential sources for implementing that strategy.
What are the main characteristics of metrics?
Many times, companies unfamiliar with a strategy will find it challenging to identify the characteristics of the metrics they will need to introduce. Parameters need to be:
How do you create a strategic measurement and management system?
When a company has created their strategic plan, they then need to turn their attention to developing a strategic measurement and management system (SMM). The key to practical SMM involves:
- Establishing the objectives for the strategic measurement and management system
- Choosing a leader for the overall project of designing and implementing the system
- Defining the measurement architecture at the functional level and corporate level
- Building consensus around the objectives by through communication
- Defining the strategic measures
- Building the implementation plan
- Communicating the plan to everyone
- Implementing the plan then monitoring its results on an on-going basis and adapting where necessary
Can I edit the content and add my company logo?
Yes. You can now add your logo and customize the course content freely using Microsoft Word and Powerpoint. You can also deliver the course materials where, when, and as often as needed.
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