Overview
The COVID-19 pandemic has significantly disrupted the world, as we have always known it. Businesses have been forced to go through rapid transformations just to remain afloat. The disruption has forced businesses to go back to asking core questions on why they exist, who they are built to serve, and why their customers should continue to patronise them. The consequence of the economic challenges which many economists have termed as depression, recession, and economic stop has also diminished consumer disposable income and further expanded the strain businesses are facing. There is a need for businesses to review their entire strategy and business model and consequently develop a strategic plan and execution roadmap that will comprehensively look at all parts of their value chain from the producer to their end customer to determine what the core priorities are and the most important choices they should make with the available information on market conditions and projections.
This seminar is designed to equip you with skills and competence required to craft new strategies in the light of the circumstances that COVID-19 has created and also put in place structures that will facilitate the execution of the strategy.
Learning Objectives and Benefits
At the end of this programme, you will:
- Be able to review your strategies and build new strategic plans. You will also change your targets and revise your assumptions
- Be able to roll-out new execution plans in line with the challenges that occur during mass disruptions
Who should attend
The programme is designed to benefit:
- Executives that cut across different public and private sector organisations
- C-level managers and other senior managers involved in strategy formulation and execution
Structure and Curriculum
The programme will combine blended learning approaches in engaging and providing you with the tools and frameworks required to ask and answer the right questions about your strategies and develop appropriate execution plans.
Module 1: Strategy in a turbulent environment
- Introduction to Strategic planning
- Strategic planning in an organisation
- Forces shaping the business environment
- Ranking critical driving forces by importance and uncertainty
- Introduction to environmental analysis
Module 2: Environmental analysis
- Making critical judgments as to what the environment means for a business
- The strategy review process
- Refocusing your value chain
- Building execution into your plan
- Reviewing your execution
Module 3: Business model and value chain redesign
- Reviewing your value chain
- Reviewing your business model
- Identifying the vulnerabilities in your business model
Module 4: Strategy execution planning
- Assigning roles and responsibilities
- The Strategic Planning Process
Admission process
1. Click on the Apply Now tab
2. Select the number of participants to enroll on the programme
3. Fill in your details to complete your application
4. Request for an invoice or make an instant payment via our secured payment gateway
5. Upon confirmation of payment, a programme manager will get in touch with you at least three days before the programme commences.
Faculty
Nkemdilim is a thought leader and active participant in the Nigerian Financial Inclusion Ecosystem. He leads the Supply-Side workstream of the Sustainable & Inclusive Digital Financial Services Initiative (SIDFS) in LBS aimed at improving financial inclusion in Nigeria through research, capacity building, and stakeholder engagement. SIDFS is supported by the Bill & Melinda Gates Foundation (BMGF). He has led different research programmes on the adoption of digital financial services (DFS) for financial inclusion.
Dr. Nkemdilim Iheanachor is a member of the Strategy Group at Lagos Business School (LBS) where he also serves as an Academic Director in the Senior Management Programme as well as a course director in other executive and open-enrolment programmes in the School. Nkemdilim holds a bachelor’s degree in Electronic Engineering, a Master of Business Administration degree as well as MPhil and PhD Degrees in Management. He is also a visiting lecturer on the MBA programme at the University of Stellenbosch’s Business School, Cape Town, South Africa.