Foundations of K Group Corporate Planning
Understand how corporate planning works across the wider energy sector: strategic planning, performance management, business development and capital projects. Participants learn the methodologies and documents behind strategic initiatives, annual business plans and long-term plans, and who is accountable at each stage.
- Overall understanding of the main mega-processes, methodologies, and tools of corporate planning within the wider energy sector: Strategic planning, performance management, business development and capital projects.
- Module 1: Introduction to Strategic Planning.
- Understand what strategy means and how to think strategically.
- Define the wider energy sector's strategic plans and strategic initiatives; understand their applicability in each of the wider energy sector's companies including stakeholders and their responsibilities.
- Describe the concepts, methodologies and documents used for the development of company strategic initiatives, annual business plans and long term plans.
- Use business planning guidelines and processes to align company objectives to the overall vision of the wider energy sector/ the organisation.
- Utilize the Balance Scorecard methodology/ performance evaluation approaches to understand the wider energy sector's Key Performance Indicators (KPIs)/ Key Performance Measures (KPMs) and their alignment to business plans.
- Module 2: Introduction to Capital Projects.
- Define the wider energy sector/ Subsidiaries capital programs and projects and describe the program objectives, scope, resourcing requirements, stakeholders roles/responsibilities, performance indicators, contracts & policies, limitations and administrative activities.
- Understand the projects financial concepts, formulas and calculations used for project identification, project evaluation as well as developing projects and program budgets within the wider energy sector.
- Describe the methodology and process used for program budgeting systems and their linkages to various project budgets/ expenditure allocation.
- Describe the project monitoring and evaluation dashboard.
- Define the various elements of project evaluation and progress reporting.
- Identify and complete the required documents and templates used during the project cycle.
- Module 3: Introduction to the wider energy sector's Performance Management.
- Define the performance cycle and process used across and the wider energy sector and its subsidiaries.
- Define the performance evaluation and monitoring tools used to measures performance, parameters and/ or indicator (such as KPIs/ KPMs).
- Apply Corporate Planning performance framework (tools and techniques) in drafting reports and documents.
- Module 4: Introduction to Business Development.
- Understand the business development process and research methodology used for internal and external environmental scanning/ analysis, customer analysis and product/ service competitive analysis.
- Understand the applicability and contribution of situational and market trends analysis to the business development process.
- Describe the concepts, guidelines and techniques used for product/ service positioning within a competitive advantage based on market and competitor analysis outcomes.
- Define the pricing policies and protocols followed within the wider energy sector for the various products/ services.
- Understand the guidelines followed by the wider energy sector and the Kuwaiti government entities for the development of pricing policies.
Location
Courses may be conducted at one of the following hotels in Kuwait:
- Hilton Garden Inn Kuwait – The Avenues
- Hilton Kuwait Resort – Mangaf
- Jumeirah Messilah Beach Hotel & Spa
- Radisson Blu Hotel Kuwait
Or at the client’s premises.
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