Making Strategy Work in the Real World

(12 reviews)

by Yusuf Justin Holcroft

This course teaches what it means to have a strategy, and how you can play a part in forming, implementing and monitoring a strategy in your organisation. Learn to analyse trends; set targets and what tactics you can use for successful strategies.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

Use ACPD101 for 10% off any purchase.

This course will enable you to

  • Learn what strategy really is and what role finance professionals can take in the strategy-building process of your organisation
  • Understand how to use metrics to identify opportunities
  • Discover how you can define your organisation’s potential and use historical trends to track opportunities
  • Develop your strategy through setting targets, and learn how to use forecasting when target setting
  • Explore how to implement your strategy and how to ensure that it is being upheld
  • Consider different tactics that you can use to bring strategies to life and ensure that you are getting the most out of them
  • Once implemented, understand how you can monitor these strategies and assess how they are performing

About the course

In businesses of all sizes, strategy plays a major role in their success. Therefore, having a recognisable strategy and being able to follow planned strategies is vital to the success of a business. People of all levels within an organisation can play a role in strategizing if they understand the importance of strategy.

This course will teach you what it means for a business to have a strategy, and how as a finance professional you can play an active part in forming, implementing and monitoring the success of that strategy over time. You will learn how to analyse trends; set targets and what tactics you can use to ensure your strategies are successful.

Look inside

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Contents

  • Strategy and the role of the accountant
    • Defining vision, mission, and strategy
    • Goals and targets
    • Strategy and the planning process
    • Translating thought into strategy
    • Building an effective business plan
    • When metrics go wrong
    • Different types of strategy
  • Opportunities and strategy development
    • Identifying opportunities
    • Analysing data to identify opportunities
    • Taking the middle path
    • What metrics are needed to spot opportunities
    • Taking control of the planning process
    • Defining the potential of the organisation
    • Tracking historical trends to predict future
  • Developing strategy and setting targets
    • Targetting approaches
    • How planning responsibility impacts an organisation
    • SMART targets explained
    • Reality-checking targets
    • Using forecasting to help with target-setting
    • The importance of sales forecasting
    • How to forecast sales
    • In the real world...
    • Using forecasts as a strategic planning tool
    • Using data and forecasting to improve performance
  • Implementing a strategy
    • Choosing the best route
    • Organisational macro-strategies
    • From macro to micro
    • Communicating a strategy clearly
    • Making strategies understandable
    • Setting up a strategy monitoring team
    • Communicating with customers
  • Strategy in motion
    • Developing tactics
    • Filters, tactics, and build a strategy
    • Work breakdown structure principles
    • Using WBS for strategic success
    • Checking strategic alignment of tactics
    • Launching the strategy
  • Measuring strategic success
    • Setting up strategically-aligned metrics
    • Reporting frequency
    • Keeping a plan alive
    • Evaluating and re-evaluating strategies
    • The power of good strategic planning

How it works

Author

Yusuf Justin Holcroft

Yusuf Justin Holcroft is a Director of CTS Consulting and Training Specialists (Pty) Ltd, a South African company specialised in business rescue, turnaround and expansion.

Reviews

4.1
(12 reviews)
5
4
3
2
1
 
 
 
 
    CL
    Christine L
    27 Jan 2025
    27 Jan 2025
    The course offered different ways of looking at strategy and tactics.
    PN
    Paul N
    30 Dec 2024
    30 Dec 2024
    I really enjoyed this course.
    User avatar: Jose Julio P
    Jose Julio P
    19 Dec 2024
    19 Dec 2024
    good practical advise
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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days
Access to end 2025
12 months12+ months
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Use ACPD101 for 10% off any purchase.