To help companies develop sustainable strategy
execution systems in the context of good corporate governance, the Institute of
Corporate Directors (ICD) offers the Strategy Execution Pathway (StEP) Program.
StEP was developed to help organizations improve their strategy design and
execution through a systemic framework that combines management and
The StEP Program is aimed at company directors and
senior managers who must formulate, implement, and monitor a winning strategy
that is consistent with the firm’s mission, vision and values.
What is the Strategy Execution Pathway
While great ideas can put your company on the map
and in the public eye, it’s going to take more than brilliance to stay there
and surge forward. Nowadays, companies need to have a sustainable strategy
execution system in place to be able to deliver the expected results
continuously and consistently. With that in mind, the Institute of Corporate
Directors invites you to take the Strategy Execution Pathway (StEP). StEP is a
two-part management technology transfer program that helps organizations
improve in both strategy design and systematic execution. StEP is based on the
Kaplan-Norton Balanced Scorecard, the gold standard in performance management.
Both the Essentials and Masters workshops are designed to develop strategy
execution systems for companies in the context of good corporate
StEP Masters focuses on the tools of execution
for consistent and sustained performance. It is a developmental workshop aimed
to capacitate the participants on what to do next after the strategy is
designed. The takeaways from the workshop will enable the organization to embed
a culture of execution in their organization.
COURSE FEE: PhP 24,000.00 Nett
• Participants may qualify for a 5% Early Bird
Payment must have reached ICD on or before 10 October
• You qualify for a 5%
discount if you are referred by a named ICD member
• Group of 3 or more qualifies for 5% discount if booked
and paid together
DATE: 24-25 October 2018
TIME: 9:00 AM - 5:00 PM
VENUE: TBA – Hotel Partner, Makati City
You may deposit your course fee through a Bills
Payment Facility to any Unionbank Branch of the Philippines.
Execution is mobilized with three main ingredients:
a. Alignment – The organization aligns to the strategy by creating a scorecard infrastructure that connects the performance of the units and individuals to the enterprise strategy. Another element of alignment is the integration of strategy execution with business processes such as operational plans, budgets, performance management, and incentives.
b. Discipline – The organization consciously creates the discipline of monitoring and reporting the strategy. With the cadence of execution in place, the strategy becomes a living document, and not a once a year planning affair.
c. Engagement – The organization does not only create systems and processes, but it provides a sense of purpose to the different stakeholders and their role in strategy execution. Managing change and engaging the leadership, the organization, and even external stakeholders is critical to successful execution.