Employees learn strategic thinking by working on strategic tasks rather than in seminars
Learning by practicing
You do not learn tennis in a seminar. The same applies to strategy. Learning how to develop, analyze, present and implement a strategic topic comes from working on it from the initial vision to the implementation.
The company’s executive management assigns tasks and sets the scope. The team collects information and data, analyzes and evaluates it, develops strategic options, matches these during review meetings with the sponsor, then works out the details and submits these to the management board for decisionmaking.
While it is the board of management’s duty to come up with a strategy, they do not have to develop it entirely by themselves!
Building up knowledge
Based on this approach the company’s employees develop strategic knowledge and proficiency, a good sense of what is achievable and consequently leadership skills.
The development of strategy tasks can be started with a HiPo program with strategic initiatives and adjusted based on the level of requirements and management tasks – up to developing whole business or corporate strategies by and with key personnel.
Depending on the level and task, key personnel spend about 10 – 20 % of their time on strategic tasks.