Training: Micro (10-Minute) Courses → Strategy Development

Measuring and Evaluating Strategy Success (SDV07)


Description
Imagine for a moment that you’re the coach of a soccer team. You’ve been developing a plan to win a tough game, and it seems to be paying off. Your team has scored 2 goals already, which is a good measure of how well your team is executing that game plan. But it’s only by collaborating with the assistant coach that you can get feedback to adjust your strategy.

It's the same in any business. Getting things right isn’t simply a case of making a change and hoping for the best. You must measure whether your strategy is working using Key Performance Indicators (KPIs) and then keep on top of any changes to adapt the strategy through feedback when it doesn’t. Doing so constantly leads to a successful team and, ultimately, business. This course is designed to help you become a champion.

By the end of this course, you’ll be able to:

• Explain how to align performance metrics and key performance indicators with your objectives
• Apply best practices for how to effectively communicate your reports with your team
• Recognize how to harness the power of strategic feedback loops to improve your strategy

Why take this course?

Just like in a soccer game, measuring and evaluating strategy success in a business context involves setting performance metrics, identifying KPIs, and establishing feedback mechanisms. If you’re a manager or team leader, this course is key to ensuring your game plan stays on track.

10 mins | SCORM | Takeaway Tasks
Content
  • Measuring and Evaluating Strategy Success
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever