Build an integrated strategic business plan that results in profits, growth, and a well-defined direction for the entire organization. Integrated Strategic Planning: Linking Marketing, R&D, and Production Strategies' focus is on connecting strategic thinking and planning at the executive level with departmental strategies and multi-functional implementation.
You will learn how to use strategic planning and management techniques to create objectives with follow-through action plans, design workable planning processes for your management team, and align functional departments.
Benefits
Contents
Who Should Attend
Instructor
Hours & Credits
Introduce and expand strategic planning in your company
Improve the integration of business strategies throughout your organization
Increase efficiency by using a pragmatic strategic planning process
Streamline implementation by understanding how to resolve trade-offs between R&D, marketing, engineering and manufacturing
Learn how to more effectively lead strategic implementation
Make strategic planning at your organization a process, not a one-time event
Building an Integrated Strategy
Thinking strategically while working the day-to-day business issues
Deciding which comes first: technology, product, quality, market, manufacturing, distribution or finance
Understanding the influence of culture and values
Selecting a dominant strategy that integrates marketing, R&D, and production strategies
Focusing on the winners, dropping the losers
Examining your firm’s mission and strategic intent
Tools for Developing the Integrated Strategic Plan–How To’s
Analyzing the organization’s present situation: strengths, core competencies, weaknesses, markets, competitive position, product development, customer satisfaction, cycle time, culture, and teamwork
Setting the future direction: vision, mission, industry, market and competitor assumptions, products and services, customer focus, financial targets, and strategic objectives
Building competitive strategy alternatives: investment choices, offensive, defensive, and functional strategies
Selecting and validating strategy
Writing the ‘grand strategy’
Developing elements for your own strategic plan
Focusing on Key Strategic Issues and Opportunity Selections
Locating yourself in the product life cycle—the effects on marketing, R&D, and production
Extending the life cycle: strategies to employ in growth and mature markets
Challenging choices:
Short-term profit versus investment
Cost reduction versus quality, high versus low volume
Standard versus customized products
Exiting and pruning unprofitable ‘old favorite’ product-markets
Choosing your next market, product, and alliance:
Using intuition, analysis, and the opportunity matrix
Filling the ‘planning gap’
Identifying your best opportunities: internal, acquisition, alliance, diversification, and global
Beating the Competition
Projecting, assessing, and preempting competitor actions
Differentiating to gain a competitive advantage
Using linked strategies as competitive weapons
Determining your competitive edge
Corporate and business unit strategies: horizontal or portfolio management
Building Each Functional Strategy
Marketing/Sales
Incorporating changing market needs
Key elements of marketing strategy
Partnering with R&D and production
R&D/Engineering
R&D’s role in business strategy
Integrating product and technology roadmaps
Implementing innovation, utilizing concurrent engineering, and achieving speed
Production/Manufacturing
Balancing cost, quality, schedule, and service
Tying it all Together
Determining your stage of functional linkage and integration
Linking objectives, culture, and key success factors
Gaining agreement and commitment, and overcoming conflicts
Translating the strategic plan into the annual operating plan with departmental and business unit objectives, action plans, and budgets
Executing the Plan
The leader’s role
Making strategy happen—the key to success
Getting your people to assume ‘ownership’ for implementation
Importance of communication, organization, and culture
Using TQM, MBO, matrix management, process, and network teams for implementation
Measuring and rewarding successful planning
Making strategy planning a process, not a one-time event; with follow up and flexibility for change
This course is applicable for CEOs, general managers, and senior executives to attend from all industries and size companies. Many participants bring a team to broaden their company’s strategic planning integration efforts.
Schedule
Day 1 - 8:30 AM - 4:30 PM
Day 2 - 8:00 AM - 4:00 PM
Course Instructor Haig Bazoianclick for bio
Special Feature Participants are invited to attend a dinner the first evening of the course, providing an oppportunity to share information and ideas with the instructors and other participants.
Comments from Past Participants
"I appreciated learning a very tangible, systematic, and practical approach to integrated strategic planning. I thought the content was highly relevant and Haig Bazoian's style quite good. Caltech IRC's support and administration was excellent."
Peter Metcalf CEO/President/Co-founder Black Diamond Equipment“The most valuable part of this program for me was learning how to tie together R&D, Marketing and Product Development under an integrated strategic plan. Haig Bazoian is a great communicator of the course points and ideas.”
Michael Kraft VP Sales, Marketing & Business Development Ceradyne, Inc.