Strategic Leadership for Future Vision and Administrative Plans Preparation and Achievement

Strategic Leadership for Future Vision and Administrative Plans Preparation and Achievement

 

Date: (12-16/Mar) (09-13/July)

Location: London – Kuala Lumpur

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Course Overview

Introduction:

Strategically sourcing product or services is far more than a simple allocation of business to suppliers by the purchasing function. It is a multi-functional activity that produces a plan of action for several years. Successful sourcing strategies are built on a rigorous analysis of the buy, the supply industry, and the fundamental drivers of value.

 

Program Objectives:

  • 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

 

Who Should Attend?

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.

 

Program 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