Pakistan Institute of Management · Developing management excellence since 1954
Karachi · Lahore · Islamabadinfo@pim.com.pk
Leadership, Strategic Management · Karachi

Strategy Formulation For Attaining Competitive Advantage

Effective strategy formulation aligns vision and mission with clearly defined strategic objectives, prioritizes resource allocation, and establishes coherent choices regarding the areas of competition and the approaches to success. It necessitates analytical rigor, systems thinking, and leadership judgment to effectively balance risk, opportunity, and stakeholder expectations. Ultimately, proficient strategy formulation translates ambition into actionable directives and measurable performance outcomes.

Program overview

Effective strategy formulation aligns vision and mission with clearly defined strategic objectives, prioritizes resource allocation, and establishes coherent choices regarding the areas of competition and the approaches to success. It necessitates analytical rigor, systems thinking, and leadership judgment to effectively balance risk, opportunity, and stakeholder expectations. Ultimately, proficient strategy formulation translates ambition into actionable directives and measurable performance outcomes.

Course Contents

  1. Types of strategies and their application
  2. Strategies for business turnaround
  3. Strategies for diversification
  4. Strategies for competing in global markets
  5. Blue ocean strategy
  6. Various thrust for business strategy
  7. Strategic plan outline
  8. Measures for strategy success
  9. Projecting cash flow and P&L Account

Learning Outcomes

  • Make use of various tools for strategy formulation
  • Understand industry lifecycle strategies
  • Choose an appropriate strategic thrust
  • Develop measures for strategy success, and
  • Develop an action plan for strategy formulation

Who Should Attend?

This training program is designed for middle and senior level professionals engaged or to be engaged in the process of strategy development, long term business plans, and creating competitive advantage for the their organization.

Note: The Fee is Exclusive of GST.

Meet your instructor

See all batches for this program