The KPI Institute is excited to invite you to an exclusive webinar titled “Navigating the Landscape of Strategy Planning and Execution in the Age of Transformation” on the 15th of October 2024 at 11:00 AM (Gulf Standard Time), live online via Zoom.

In this session, The KPI Institute will unveil the latest developments in strategy planning and execution, with a focus on organizations in the Middle East and North Africa (MENA) region. This event will also reveal recent findings from the State of Strategy Management Practice Report 2024. The KPI Institute will dive into the most pressing issues surrounding business planning, performance management systems, and the implementation of strategic initiatives.

Meet the speakers

Cristina Mihăiloaie 

Strategy and Performance Management Expert 

Chief Operating Officer, The KPI Institute 

Mihăiloaie’s professional background centers on research, product development, and knowledge sharing within strategy and performance management. Over the past 12 years, she has played a key role in establishing best practices and standards for utilizing and maximizing key performance indicators (KPIs) in organizations disseminated through research publications, academic articles, and educational programs.

Passionate about effective strategy planning and performance measurement practices, Mihăiloaie has provided advisory services to organizations in the US, Europe, and the Middle East, and has trained executives across various functions and industries. Currently, she serves as the Chief Operating Officer of The KPI Institute’s Research Division, where she oversees and ensures the alignment of operations with strategy.

Bori Péntek 

Management Consultant, Systaems 

Associate Lecturer, Babes Bolyai University, Cluj-Napoca, Romania

Péntek is a management consultant who specializes in organizational development and human resource management. She assists businesses in aligning their strategies, processes, and practices with their core values, prioritizing human and social well-being.

With a background in recruitment, human resources, and operations management across various sectors, including sustainable construction, research, and education, Péntek focuses on improving employee well-being, promoting inclusive cultures, and ensuring organizational resilience and social responsibility. She creates solutions to tackle systemic challenges and foster long-term success.

In her partnership with Babes Bolyai University, she teaches courses such as research methodology, intercultural communication, and self-awareness.

What’s in store for participants

Combining research expertise with practical experience, the guest speakers will provide valuable insights and guidance on key organizational dilemmas and explore innovative solutions in today’s complex business landscape. The webinar’s agenda focuses on Deliberate vs. Emergent Strategic Planning, BSC vs. OKRs, and Success vs. Failure in Strategy Execution. 

In addition to being the first to receive the latest State of Strategy Management Practice Report and gaining insights into current trends in strategy management that can impact organizational planning and execution, participants will engage with seasoned professionals who offer valuable experience to the discussion. They will also take part in lively discussions on contemporary business challenges which provides an opportunity to share perspectives and connect with peers. 

Whether you are a seasoned leader, an emerging expert, or new to the field, this is your chance to learn about how to stay ahead in the rapidly changing world of strategy management. Seats are limited so secure your spot now! To register, click HERE.

With two decades of experience in advancing strategy and performance management, The KPI Institute remains dedicated to providing comprehensive performance solutions through meticulous research, educational programs, and advisory services. A strong testament to this commitment was the launch of the State of Strategy Management Practice Report in 2022, marking an important milestone in The KPI Institute’s journey as a research institute.

The State of Strategy Management Practice Report is an annual publication that compiles a thorough analysis of current trends, challenges, and innovations in strategy management. It consists of three main sections: Strategy Planning, Strategy Measurement, and Strategy Execution. Each section includes segments such as general practices, strategy review, key performance indicators (KPI) deployment practices, strategy execution challenges, and project management practices. It also delivers guidance on best practices to refine strategy management and support organizations in adeptly handling emerging trends and disruptions.

The State of Strategy Management Practice Report aids organizations in adapting to a dynamic business environment. This report enables them to gain a comprehensive view of the field, recognize emerging trends and shifts, and refine their strategies for ongoing enhancement. To provide you with an overview, let’s explore a bit the findings from the previous edition of the State of Strategy Management Practice Report and the new features of the upcoming edition.

Insights from the previous report

Last year, The KPI Institute released three versions of the State of Strategy Management Practice Report: Global Report and Middle East Report in Arabic and English. In the State of Strategy Management Practice – 2023 Middle East Report, results revealed that most surveyed professionals view strategy formulation as systematic and organized, with 47% employing specialized methodologies. Conversely, 38% reported using no particular methodology, suggesting a more flexible approach. Additionally, 15% indicated that their process is informal, which is noteworthy. While such an approach can offer flexibility, it is essential to acknowledge the potential risks and challenges of lacking a defined framework.

Moreover, in the Strategy Measurement section, 22% of respondents indicated that their organizations do not have a formal performance management system (PMS). The lack of a PMS presents various challenges. It hinders strategy execution and restricts the organization’s capacity to adapt to changes and seize opportunities. This issue is further reflected in the Strategy Execution section, where 57% of professionals admitted being aware of instances where their organization’s strategy had failed.

What’s new in the 2024 edition?

Considering the concerns identified in the previous State of Strategy Management Practice Report, it is essential to recognize that strategy management practices must evolve to meet organizational needs and adapt to the external environment. To assess whether improvements have been made and if organizations in the Middle East have advanced their strategy management practices, The KPI Institute conducted another study this year. With an expanded focus on the Middle East and North Africa (MENA), the findings will be presented in the State of Strategy Management Practices – 2024 MENA Region Report. 

The report includes data from more than 90 organizations and insights from leaders of leading companies. In addition to the three main sections and areas of interest, this edition has been further refined with a new feature called “Voices from the Field.” Aside from The KPI Institute group of experts, a consultant from a management consulting company was invited to share insights in the recommendation section of the State of Strategy Management Practice – 2024 MENA Region Report.

To know more about the report and its new key features, sign up now for our newsletter and follow us on LinkedIn where we post updates and unveil everything about the report up until the official launch on the 15th of October.