Course: Dynamic Capabilities as the New Board and Executive Strategy
TIME & PLACE
Date: Oct 18 & 19
Time: 9am – 11am Pacific Time
Location: Zoom (Virtual Course)
The current economic era demands a focus on companies’ continuing commitment to change. Rather than slowing down in the post-pandemic world, change is picking up speed and becoming a constant. To survive, your organization needs a strategy and a management model that can adapt and flex with the pace of change, rather than being disrupted. Leading companies such as Haier, GE Appliances, Google, Microsoft, and many more now state: Not developing is the biggest risk! They all identify three elements to change which the company must excel at, and manage: understanding change, mobilizing to change, and transforming to change. In other words, every company has to develop, and be excellent on executing Dynamic Capabilities- and this should be a strategic focus for the Board of Directors and Executives.
This unique four-hour virtual course will not only guide you on your journey to build these scarce, and usually non-imitable Dynamic Capabilities, but will also allow you to learn, discuss, and question them by directly interacting with one of the founders of Dynamic Capabilities and a Top 50 Business Intellectuals, Professor David Teece. He will provide a framework that will help the top management team and the board assess the opportunities and risks and take the necessary actions.
YOU WILL LEARN:
– Professor David Teece’s view of the current digital economy and how this affect organizations and companies all over the world
– Dynamic Capabilities- what it is and why it will be necessary for any corporation
– How to embed Dynamic Capabilities into your strategy process and management model
– The case of Haier and their model RenDanHeYi for building and executing dynamic capabilities
Module 1- Why Companies Need Strong Dynamic Capabilities More Than Ever: The Innovation Economy and VUCA
Module 2- How Do Dynamic Capabilities Differ from Ordinary (Operational) Capabilities
Module 3- Dynamic Capabilities as the (New) Language of Top-Class CEOs/Founders
Module 4- Drilling Down Deeper-Dynamic Capabilities Explicated & Integration of Strategy and Capabilities
Module 5- Case: The management model RenDanHeYi & Dynamic Capabilities
WHO IS THE COURSE FOR?
This course is for board of directors and executives who want their companies to be able to compete successfully, not just by putting the latest technologies and business processes to best practice, but also by understanding and relying on the new paradigm for how to win in the competitive race of changing with the pace of external change.
– Forward-looking board of directors
– Forward-looking executives
Who’s Who Legal: Thought Leaders – Competition 2022 recognized David Teece as a thought leader “worthy of special mention owing not only to [his] vast expertise and experience advising on some of the world’s most significant and cutting-edge legal matters, but also [his] ability to innovate, inspire, and go above and beyond to deliver for [his] clients.”
We hosted a 30 minutes webinar on this very topic with Dr. David Teece and Dr. Annika Steiber which you can view to gain more insights in the value this course will bring you and any organization you are apart of. View Here