70% of all strategies fail. Business scholars and professionals agree that 90% of these strategic failures are not actually based on the defined strategies being wrong, but that they are due to insufficient or lack of actual execution of the defined strategic actions and initiatives.
Do you want to ensure that the strategy defined for your company, business division or department will succeed?
Red is OK! is a groundbreaking approach to Strategic Management having Strategy Compass – a principle of Lean Management first coined as “Hoshin Kanri (Compass Needle)” by Prof. Yoji Akao in 1990 – in its core. Aiming at organization-wide implementation of defined Strategies, Strategy Compass focuses on:
- Alignment within the organization,
- A schedule and process for strategy implementation,
- A structured procedure for tracking and guiding progress implementation,
- A comprehensive set of effective management practices.
Strategy Compass has become a staple tool for several leading global companies and famed hidden champions, such as one of the world’s largest automotive suppliers (using Strategy Compass under its alternative name “Policy Deployment”) and one of the world’s leading manufacturers and distributors of assembly and fastening equipment, as well as automobile care products.
This 1-Day Overview Course is designed to introduce the principles of Strategy Compass to participants and provide them with a practical guideline on utilizing the Strategy Compass in their own company, business division or department. At the end of the course, participants will be provided with the Strategy Compass as an Excel tool.
Please note that registration starts at 8.30am, the training will start at 9.00am
Objectives
At the end of this course, you will have...
- acquired an understanding that strategy implementation is complex and can be likened to an iceberg,
- learned the principles of Strategy Compass and its practical value for organization-wide strategy implementation, by dealing with the complexity of strategy implementation by structured schedules, procedures and effective management practices,
- explored the key elements of Strategy Compass: Core Values, Mindset, Monitor, Management Practices, People Development,
- mastered what it takes to make your strategy succeed: Situational Leadership, Principles of Leading Teams and People, Active Listening, Delegation, Setting Business Targets, Time Management, Agile Problem Solving in Management,
- obtained a ready-to-use Excel tool for Strategic Management you can immediately use for your company, business division or department.
Who Should Attend
General managers, CFO and commercial managers, leaders of strategy, strategic management and organizational excellence of established, start-up and entrepreneurial organizations.
Terms & Conditions:
Events have limited seating so to ensure your attendance we encourage advance online registration and payment for ALL events. We cannot guarantee entry to anyone not registered in advance.
Cancellation Policy
If you cannot attend an event for which you have registered, please cancel your registration no later than one business day prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.
To cancel you can: 1) email lamendivil@europeanchamber.com.cn, or 2) cancel online if you registered for the event through the website.
