Optimizing the Profitability of a Strategic Business Unit for Managers

Course Details

By the end of this course Optimizing the Profitability of a Strategic Business Unit , participants would learn strategies on how to run and optimum returns on investment on business units, identify business opportunities and formulate strategies to maximize profits from business units. Strategic business units are absolutely essential for multi product organizations.These business units are basically known as profit centers. They are focused towards a set of products and are responsible for each and every decision/strategy to be taken for that particular set of products. Strategic business managers play a crucial role in this and hence he is recruited from the industries with extensive experience of that particular industry. Skills Development By participating in this workshop, you will learn strategies that will enable you: • define strategic business units; • why strategic business units are important; • formulate strategies for a business units • build an effective team; • explain the roles and responsibility of strategic business managers; • run effective meetings ; and • measure and evaluate the business units executives Organisational Benefits Executives and managers that participate in this workshop learn how to run and optimum returns on investment on business units. Identify business opportunities and formulate strategies to maximize profits from business units. This will help to maximize effectiveness and profitability in the enterprise and aid personal success, thus ultimately leading to the achievement of organizational goals. Course Content • What is a Strategic Business Unit • Why are strategic business units important • BCG matrix • Roles and responsibilities of strategic business managers : (POSCOD) • Introduction to strategy • Fundamentals of group behavior • Group development process • Norms development and enforcement • Team trust • Characteristics of effective teams • Strategies for effective meetings • How to conduct a sales review meeting • Performance management and appraisal Target Audience This course is targeted at business unit managers, senior managers seeking to take their business and entrepreneurial skills to the next level by updating their managerial and business competencies. Fees: Per participant which will cover course materials, bags, tea/lunch break .