Strategic and Business Acumen

  • 1 day(s)Duration
  • MDI1553Course Code
  • send to printer

Course description

This one-day, fast-paced course outlines the fundamental strategic planning, project management, and operational excellence concepts, tools, and techniques. Participants will focus on understanding these three core principles and how they complement each other.

Who should attend

Individuals who will benefit from this course include first-time managers and individuals interested in learning about these fundamental principles.

What you will achieve

  • Understand what strategic planning is and the key guidelines for building a strategic plan.
  • Describe key project management principles and how to effectively govern a project.
  • Compare and contrast both quality and effectiveness as core concepts that drive operational excellence.

What you will learn

Module 1: Strategic Planning
  • Strategic Planning Process — Four-Step Model
  • Critical Success Factors — Key Resources and Metrics
  • Exercise: Examine Strategic Thinking
Module 2: Effective Project Management
  • Foundation of Project Management
  • 10 Knowledge Areas
  • 5 Process Groups
  • Exercise: Governing a Project
  • Best Practices and Pitfalls
Module 3: Operational Excellence
  • Defining Quality
  • Defining Effectiveness and What Good Looks Like
  • Exercise: Governing a Process
  • Best Practice
  • Key Performance Indicators (KPI)
  • Monitoring and Controlling
  • Continuous Improvement
  • Escalation
Wrap Up and Action Planning