Executive Education: Management Training Courses, Seminars, Classes & Workshops in USA: Las Vegas, Los Angeles, San Francisco, Seattle, Chicago, New York, Miami, Houston, and Washington, DC.

Management Training       Think Tank       About Us

  

Management Courses Corporate Training.   Strategic Retreats. Apply..

 


Government Training Courses
Professional. Accelerated. Experiential

Strategic Planning for Economic Development
Economic Development Planning Best Practices

Course Methods: Experiential Training (Action Learning Workshop)
Course Venue: USA West:  Las Vegas, NV. Los Angeles, CA. San Francisco, CA. Seattle, WA.
USA East: Chicago, IL. Houston, TX. New York (NYC), NY, Washington, DC. Miami, FL.
Course Duration: 1 - 2 weeks (1 week seminar + 1 week experiential project)
Course Times: 9:30 AM - 3:30 PM
Course Dates: Management Training Courses Calendar
Course Fees:  $29,999
Other Course Options: Contact us for course topics and duration customization.
Available on-site for a group of 5 or more delegates.
The Advantage: Client Testimonials. Training Excellence. CEO Club

Course Audience

  • Economic development boards, political leaders,  government agencies,  municipal, city and state governments, chambers of commerce, civic, community and political leaders, financial institutions, workforce planning and development agencies

  • Note: This training course is designed for government professionals. We do not accept students seeking initial employment, postsecondary education or initial licensing programs

Course Objectives 

  • Provide an understanding of the strategic planning framework of economic development

  • Offer experiential analysis of the challenges of economic development leadership in competing in a global market place

  • Examine how firms, industries and countries compete

  • Understand the resources, capabilities, and core competences that make an economy successful in developing and sustaining a competitive advantage

  • Focus on the frameworks, models and tools needed to formulate and implement successful economic development strategies

  • Create work-based projects to develop strategic initiatives based on the delegate's unique set of issues, resources and business environment

  • Plan, implement and monitor strategy execution using performance measurement systems

  • Identify the challenges of designing and implementing strategic change

  • Share strategy insights from the world’s most successful economies

  • Learn proprietary best practices in policy making and measurement such as as Gross National Happiness (GNH), Gross National Wellbeing (GNW), and Gross National Development (GND)

Training Focus

  • Develop the core business strategy management skills and competencies. The core competencies include business strategy planning, control, problem-solving and communication

Course Modules

  • Analyze economic and business environment using SWOT & PEST Models

  • Understand economic and business competitive advantages

  • Define economic vision, mission, goals and objectives

  • Discuss demand-side economic strategies and supply-side economic strategies

  • Identify economic development initiatives, programs and projects

  • Implement economic development strategy, build consensus and manage change

  • Establish economic development indicators and benchmarking

Training Model

  • Experiential action learning

  • 25%-50% theory and 50-75% experiential project work

  • The development and evaluation of management skills are based on KASAC training model

Key Concepts

  • Top Strategic Economic Development Questions. Gross National Happiness (GNH). Gross National Well-being. Gross National Development (GND). CEO's Strategic Challenges. Strategic Planning. Strategy Best Practices and Pitfalls. Economic Development Strategy Toolkit. Strategy Formulation. Strategy Implementation and Strategy Evaluation Framework.

  • Critical analysis of the applications and limitations of popular strategic management practices, models and frameworks, including: Harvard Balanced Scorecard (Kaplan & Norton) for Government Agencies. Strategic Stretch vs. Strategic Fit. Boston Consulting Group (BCG) Matrix. Portfolio Analysis (Cash Cows, Dogs, Question Marks, Stars) & (Divest, Invest, Build and Harvest). Cost/Benefit Analysis (CBA). Industry Profit Pool Analysis. Industry Value Chain Analysis (VCA). Strength, Weakness, Opportunities and Threats (SWOT) Analysis. Competitive Benchmarking. Industry Life Cycle (ILC). Core Competencies. Critical Success Factors (CSF). Game Theory. Nash Equilibrium. Scenario Planning. Key Performance Indicators (KPI). Sustainable Competitive Advantage. Risk Management. Trends Probability and Impact. Organization Design. Change Management. Natural Law. Gap Analysis. Business and Economic Growth Drivers. Environment Scanning. Political, Economic, Social and Technology (PEST) Analysis. Economic and Industry Attractiveness. Industry Structure. Introduction Strategies. Growth Strategies. Maturity Strategies. Decline Strategies. Exit Strategies. Porter Five Forces. Industry Rivalry. Entry Threats. Supplier Power. Buyer Power. Threat of Substitutes. Competitive Intelligence. Strategic Group Matrix. Economic Competitive Positions. Sources of Competitive Information. Competitor Economy Profiling. Economic Development Strategic Planning Framework. D’aveni’s Hyper-competition. D’aveni’s 7 S’s. Co-opetition. McKinsey’s 7-S Strategy Framework. Decision Trees. Growth Vector Analysis (GVA). Experience Curve Strategy. McKinsey G.E. Business Screen. Governance. Strategic Alignment. Hierarchy of Objectives. Performance Control System (PCS). Stakeholder Analysis. Economic Power and Politics. Organization & System Design. Business Model. Pareto 80/20. Sustainable Competitive Advantage. 3C's Model Strategic Triangle (Ohmae). 7 Ps (Booms Bitner). ADL Strategic Condition Matrix (Arthur D. Little). Product/Market Grid (Ansoff). Innovation as Blue Ocean Strategy (Kim & Maubourgne). Core Competence (Hamel, Prahalad), Marketing Mix 4P's. Strategic Stakeholder Management

Training Course Customization Subjects (Optional)

  • Infrastructure and superstructure for economic development

  • The global economy and international business. The development of the global economy. The globalization driving forces and consequences of growing interdependency among nations

  • Changing patterns of trade and migration of capital and labor

  • Economic crisis management and recovery planning: A special case study in the global financial economic crisis of 2008

  • Assessing the role of finance in economic development: Policies and programs to promote innovation and global competitiveness

  • Understanding the role of Innovation in economic development: Policies and programs to promote innovation and global competitiveness

  • Case studies in economic development best practices: USA, Europe and Dubai economic development strategies

  • Alternative economic development models: Gross National Happiness / Well-being (GNW / GNH) and GNW / GNH Index

  • Formulating and implementing a comprehensive and integrated set of decisions that achieves economic development goals

  • Developing an economic development vision, building consensus  and managing various stakeholders with different values and interests

  • Conducting economic, industry and competitive analysis to identify the sources of economic and business competitive advantage

Courseware Content (Customized)

The training courseware includes the following:

  1. Participant's coursework and assessment project guide

  2. Subject matter book(s)

  3. Executive summary of the subject matter:

    • Summary of essential concepts and business strategy best practices

    • Examples and case studies

  4. Economic development toolkit (management frameworks, decision models, checklists, etc.)

  5. Experiential work-based assessment project

  6. Online resources for the completion of the experiential assessment project

Performance Evaluation (Optional)

  • Performance will be evaluated on the basis of individual or team project deliverables

  • Candidates can complete customized experiential work-based projects such as developing a relevant analysis document, management strategy, action plan or a senior management presentation

  • The course advisor will review the deliverables and provide improvement feedback

  • The evaluation is a form of management consulting and experiential coaching for performance improvement

Training Course Registration

  • Strategic Planning for Economic Development Training Course
    • Accelerated workshop option(classroom)
    • Requires registration, application review and seat reservation
Training Course Registration

 

 

 

Apply
Leadership Strategic. Operations Finance. Accounting. HR IT. Project.
Marketing. Sales. Economics. Law. Government. Investment Entrepreneurship.

Client Testimonials.  Training Excellence CEO Club.
Action Learning Thought Leadership FAQ.

Management Training Seminars, Courses, Classes, Workshop in USA: Las Vegas, Los Angeles, San Francisco, Seattle, Chicago, New York, DC, Miami



Professional Management Training
Seminars. Courses. Workshops

USA Training Venues

Las Vegas, NV. Los Angeles, CA. San Francisco, CA. Seattle, WA.
Chicago, IL. New York, NY. Washington, DC. Houston, TX. Miami, FL.

Online Navigation Map

USA Management Training Calendar 2017

Management Courses.   Government Courses.   Distance Learning Courses.
Executive Education.   Custom Corporate Training.    Strategic Retreats.
CEO Club.   USA Training Courses.  International Courses.
Think Tank.
About Us. Contact Us.
Sitemap.  Index.
 Legal.

  

© 1998 - 2017 International Institute of Management, USA.

Last Updated: May 14, 2017.