Strategic renewal and change is a constant necessity and reality of a successful organisation. This 2-day programme is interactive, with discussions around real life examples combined with practical exercises that will help you to develop a framework for renewal and change in your own organisation or business unit.
Judge Business School: Strategic Change and Renewal
Strategic change within an organisation can be triggered from a variety of internal and external factors. In its simplest form, strategic change can be driven by deepening of an existing strategy. Even though the strategy stays the same, this seemingly simple deepening can cause disruption to other parts of the business as there will be a need to create, modify or discard existing competencies.
More complex cases of strategic change and renewal are triggered by diversification into new product categories, geographical expansion into new markets, growth initiatives, and industry disruption by shifts in technology, changing customer preferences and competitive dynamics. All of these demand major changes in a company’s relationships and capabilities and can quickly expose the boundaries of a successful strategy.
How can an organisation face these strategic changes and sustain advantage? How does an organisation identify alternative paths of change and renewal and decide on the right path? How does the organisation recognise and address the implementation challenges that come with the change? And how can the organisation keep the culture and values balance in the face of this change?
This two-day programme aims to help you design strategic renewal and change initiatives that will boost the organisations competitiveness and profitability. You will learn how to develop a strategic renewal plan that maps the reconfiguration of capabilities and key activities, with a close focus on the implementation of these challenges.
The programme is interactive, with discussions around real life examples combined with practical exercises that will help you to develop a framework for renewal and change in your own organisation or business unit. The programme iteratively moves between class discussion, small group brainstorming, and coaching and individual work on the renewal plan. In building your renewal plan, you will benefit from inputs from your participants and professor in multiple rounds. Thus, the programme makes the best of the diverse ideas and experiences in the classroom.
For full details and to book please see the link above.
Cambridge Judge Business School is in the business of transformation - of individuals, of organisations and society.