This training is offered in both face-to-face and distance learning formats. More information
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Description
Description
Business executives and managers need management skills if they wish to effectively carry out their tasks. To meet this need, we have set up a multidisciplinary training programme based on the main areas of business management and administration.
Objectives
Upon completion of this path, participants will be capable of:
- steering their business in a rapidly evolving economy
- stimulating growth and accelerating transformation by means of strategic innovation
- setting up a commercial strategy
- mastering the basics of financial management/planning and performance measurement
- uniting others in respect of a common vision and mastering the keys to supervising and motivating teams in order to achieve efficient project management
- identifying the main legal obligations of the company executive, having acquired a basic knowledge of company law
Programme
MODULE 1 - Business strategy
Total duration : 5hrs split into 3 hrs on-site + 2 hrs virtual class
- Developing the ability to steer a business in a rapidly evolving economy
- Learning methods: Virtual class / Autonomous learning
Content:
- The definition of the strategy
- The origins of the strategy
- Vision and strategic mission
- The values and culture of the business
- The strategic capacity of a business
- Porter’s generic strategies
- The Ansoff Matrix for developing market strategies
- Strategy and business models
- Portfolio management
MODULE 2 - Innovation & Digital transformation
Total duration :5hrs split into 3 hrs on-site + 2 hrs virtual class
- Stimulating growth and accelerating transformation by means of strategic innovation
- Learning methods: Virtual class / Autonomous learning
Content:
- Introduction to strategic innovation for new growth, using inspirational examples
- Learning the basics of Design Thinking, Lean Start-up, and the Agile Approach for devising, creating and launching innovations
- How and where to find opportunities for innovation and new growth
- Understanding clients and ‘jobs-to-be-done’
- Customer experience mapping
- Defining opportunities for innovation
- Devising, creating and launching innovations
- Devising one’s offer: products, services and customer experiences
- Innovation in the commercial and income models
- Defining one’s innovation
- Launching one’s innovation
- Lean Start-up and the Agile Approach in a corporate context
- Experimentation and prototyping
MODULE 3 - Marketing & Communication
Total duration : 5hrs split into 3 hrs on-site + 2 hrs virtual class
- Setting up a commercial strategy
- Learning methods: Virtual class / Autonomous learning
Content:
- Strategic marketing and operational marketing
- Commercial and non-commercial marketing
- Goods vs services
- The notion of ‘need’
- The notion of ‘client’
- The product
- Segmentation
- Targeting and positioning
- Product lifecycle
- New products
- Segmentation
- Branding
- The roles of branding
- Brand name
- Brand capital
- The roles of branding
- Distribution
- Offline, online and multichannel distribution
- Distributor brands
- Offline, online and multichannel distribution
- Price
- Choosing a price
- The price of new products
- Price positioning and prestige pricing
- Price according to perceived value
- Price according to economic advantage
- Market price and flexible prices
- Choosing a price
- Communication
- The objectives of communication
- Media advertising
- Digital marketing
- The objectives of communication
MODULE 4 - Finance & Performance
Total duration : 10hrs split into 6 hrs on-site + 4 hrs virtual class
- Acquiring basic knowledge of financial management/planning and performance measurement
- Learning methods: Virtual class / Autonomous learning
Content:
- Financial management
- Understanding accounting and bookkeeping entries
- Drawing up a balance sheet and a profit and loss account
- Commenting on one’s balance sheet notes
- Analysing a financial situation
- Knowing the basics of management control
- Assessing an investment or an opportunity
- Budgeting, drawing up a financial plan
- Knowing the main management software suites
- Understanding accounting and bookkeeping entries
- Performance measurement
- Difference between indicators for monitoring performance (reporting) and management indicators
- Diagnosis by the participants of their own indicators
- Performance modelling as justification for selecting indicators: the aims and the variables involved
- The two main modelling methods: the Balanced Scorecard (BSC) and the OVAR matrix
- Construction of a performance model using the BSC method (e.g. strategic card) and the OVAR method
- The passage from modelling performance to selecting indicators
- Organising a dashboard of indicators
- Presentation of practical issues involved in creating a dashboard
- Limits of the dashboard
- Difference between indicators for monitoring performance (reporting) and management indicators
MODULE 5 - Leadership & Change Management
Total duration : 10hrs split into 6 hrs on-site + 4 hrs virtual class
- Uniting others in respect of a common vision and mastering the keys to supervising and motivating teams in order to achieve good project management
- Learning methods: Virtual class / Autonomous learning
Content:
Leadership
- Developing leadership skills: from manager to leader
- Difference between management and leadership
- Leadership: difference between power and authority
- Definition and functioning of a team
- Role of the manager-leader
- The different forms of leadership: discovering one’s own style of management and its effects depending on the individuals and the situations encountered
- Positioning one’s role as a leader in the organisation
- Optimising one’s winning attitude and increasing one’s positive influence on one’s environment
- Difference between management and leadership
- Developing the skills management requires
- Differences between process and project
- Difference between effectiveness and efficiency
- Organising one’s own activities and priorities according to objectives (MBO - setting a SMART objective)
- Differences between process and project
- Developing the qualities leadership requires
- Listening
- Demonstrating assertiveness
- Controlling while motivating
- Developing recognition
- Conflict management
- Listening
- Building trust
- Know how to assert oneself when facing others
- Understanding the principles of transmitting a message
- Establishing a relationship of trust: levers and restraints
- Know how to assert oneself when facing others
- Delegating in order to empower: delegation and teamwork
- The role of delegation
- Delegation and communication
- Limits to delegation
- The relationship between delegator and delegatee
- The role of delegation
Change management
- Leading change - the concepts
- Definitions: leading change, transformation, change, transition
- Types of change
- Factors of failure and resistance – factors of success
- Directive logic and participative logic
- Adapted Kübler-Ross Change Curve
- Kurt Lewin’s Change Management Model: unfreeze – change – refreeze
- John Kotter’s 8-Step Process for Leading Change
- Procedure for solving a complex problem
- Definitions: leading change, transformation, change, transition
- Procedure for leading change
- Diagnosis
- Deployment: transition levers
- Steering
- Diagnosis
- Communicating in the context of a project
- Basic principles of communication (interactive communication and unilateral communication (push and pull), types of communication, possible channels)
- Communication within the project team
- Communication within the business
- Get the people involved on your side
- Establishing a communication strategy
- Drafting a communication plan in a project
- Good practices for effective communication in a project
- Summary and individual action plan
- Basic principles of communication (interactive communication and unilateral communication (push and pull), types of communication, possible channels)
MODULE 6 - Regulatory Framework
Total duration : 5hrs split into 3 hrs on-site +2 hrs virtual class
- Knowledge of the main legal obligations of the business executive and acquisition of basic knowledge of business law
- Learning methods: Virtual class / Autonomous learning
Content:
- Introduction and general principles
- Liability of the executive/the business
- Distinction between the different types of liability
- Civil liability
- Criminal liability
- Tax liability
- Liability in the event of insolvency
- Civil liability
- Basics of labour law
- Basics of commercial law
- Law of contract: basic principles and commercial contracts
Target audience
- Executive of small or medium-sized business
- New manager who has acquired sufficient experience to be responsible for a team; person with more than ten years’ experience but no initial training in management; needs to cope with new responsibilities, and needs to learn everything about this new role
- SME manager in direct contact with the business’s executives
- Young manager in a defined career plan within the business who needs to upgrade and prove his/her knowledge in order to be considered for promotion
- Employee aiming at a managerial position
- Employee with ambitions of promotion who decides on his/her own initiative to train in order to improve his/her skills and prove they have been acquired.
- Self-employed person whose business has developed considerably over the years, and now has to manage people and unite them in respect of his/her vision
- New business manager
- Person who has recently been given responsibility for managing a project, activity, budget, etc. within a large organisation
Conditions
Course Material
The training material will be handed out at the beginning of the course.
Certificate
Upon completion of the course, participants will receive a certificate of success issued by the House of Training and the House of Entrepreneurship
Location
Chambre de Commerce Luxembourg
Calculate the itinerary
7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg
L-1615 Luxembourg
Luxembourg