OBJECTIVE:
• Identify new business opportunities which were earlier getting missed due to the old ways of working
• Equip the management team with the methods, tools, and skills required to execute the best strategy in a constantly changing business environment
• Understand the need of transforming the organization
• Identify the challenges the business will face in this journey of taking the next step
• Understand changes in consumer behaviour and take the right and timely decisions
OUTLINE
Preparing for Transformation
• Taking stock of the current position of your businesses
• Conducting an environment analysis
• Visualising and Defining the end state
• Planning to achieve the end state
• List the changes you wish to see
• Identifying and Building a team to guide the process of transformation
Transforming Business
• Understand the difference between transformation & change
• Types of transformation
• Understand innovation and its relevance at the workplace
• Business models and their impact
• The requirements for transforming the business
• The challenges of the successful transformation of an organisation
• Reasons for failure of the transformation projects
• Change you want to see after implementation of this initiative
The Role of Leadership in Transformation
• Understanding the Purpose & Vision of the organisation
• Role of leadership
• The importance of right and relevant communication for business transformation to take place
• Managing the stakeholders during the phase of transformation
• Defining the Goals, objectives, and measurement criteria of a business transformation
• Shaping the future of the business
Financial Impact of a Business Transformation Initiative
• Understand balance sheets
• Understand income statements
• Understand cash flow statements
• Understand the statements of shareholders’ equity
• Take stock of the investment made for transformation
• Diagnosis of the profit levels
Aligning Goals, People, and Systems
• How to deal with resistance?
• How to manage people through change?
• How to manage the entire project for transformation?
• Running a pilot first
• Monitoring & control the challenges
• Learnings – Unlearn, Learn, and Re-learn
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 14th – 17th Jan, 2025
2ND BATCH: 13th – 16th May, 2025
3RD BATCH: 26th – 29th Aug, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos