Business Strategy and Financial Performance is an online programme delivered over 7 weeks that requires you to work on multiple levels. Each week develops one part of the strategy and finance framework, addressing overall the three following topics.
The big picture perspective
Strategic thinking involves linking individual decisions and actions to the overarching organisational objective of enhanced, sustainable performance.
- Understand the key external forces creating opportunities and threats for a business by transforming the industry value chain, patterns of demand and competitive pressures
- Explore the challenge of strategically positioning a business to create and sustain competitive advantage in a dynamic market
- Meet the challenge of strategy execution by learning to align key activities and resources across an organisation with the desired position in the market
The value approach to managing a business
Effective strategic thinking capabilities are grounded in having a fundamental understanding of what drives financial performance, in terms of the ability of a business to create and capture value.
- Understand why it is important for a business to create value for society by delivering products and services where the customers’ willingness to pay exceeds the underlying resource costs
- Learn how to ensure a business captures value by selecting attractive positions in the industry value chain and pursuing a distinctive value proposition
- Ensure your decision making supports sustainable value creation
The financial perspective on strategy execution
The success of a strategy initiative can be measured by tracking key financial metrics. Sound strategic thinking abilities combine successful execution with superior financial performance.
- Develop an understanding of key financial statements to appreciate how company strategy affects the bottom line
- Explore financial metrics in more detail learning how to create and deliver value for customers
- Learn how different management choices influence financials, with a focus on how better decision-making leads to superior performance
*For the weekly detailed content of the programme, please refer to the brochure.
Action Learning Project
Strategic thinking abilities and a grasp of key financial tools are critical to understanding the strategic agenda of any organisation in today’s shifting competitive landscape. Thinking critically and skilfully applying this understanding to your own business context will help you make powerful strategic recommendations and drive value for your organisation.
With this in mind, the Action Learning Project (ALP) will give you the opportunity to practise applying your learning to your own business context. The ALP will take you on a step-by-step journey to develop a big picture strategic view to tackle a business challenge. You will be able to identify concrete opportunities to enhance the strategy, improve organisational alignment and ultimately drive financial performance.
Typically the ALP involves a variation on one of the following:
- You will apply the concepts from the programme to a strategic initiative that you are currently working on. You will be able to understand how it relates to your organisation’s strategic direction, and subsequently design a strategic plan for this initiative, to drive superior performance.
- You will use the tools and frameworks from the programme to understand a client’s strategic agenda and propose how your organisation’s offerings will further enhance the value proposition and drive financial performance.
Working with the learning coach, you will design an ALP that is right for your personal learning objectives. For those attending the programme with colleagues from the same organisation, the learning coach can help you structure a more ambitious team ALP to collaborate and work on together.
Weekly Learning Journey
Each week of content follows a very clear path to facilitate learning for busy executives. The platform allows participants to learn at their own pace during each week, by viewing the content, completing assignments and engaging in discussions, taking on average 3-5 hours per week to complete.