Home The News North East News STRATEGIC RETREAT FOR NATIVE AMERICAN BUSINESSES

STRATEGIC RETREAT FOR NATIVE AMERICAN BUSINESSES

Written by Administrator

Wednesday, 18 August 2010

STRATEGIC RETREAT FOR NATIVE AMERICAN BUSINESSES 8.18.2010 Boston, MA. August 31-September2 The Office of Indian Energy and Economic Development is offering the opportunity for a select set of Native American/Alaska Native businesses from all over the country to participate in a strategic retreat/intensive learning experience.  Each Native-owned business will send its top-management group—accompanied, as appropriate, by key managers, board-level overseers, economic development officers, etc.  There is no charge for the program; participants must pay for their own travel, lodging and meals. The strategic retreat format will feature learning from Tuck School’s professors, followed by application of the learning to the business. The tailored learning experience will update leaders’ knowledge and skills, to understand how their business can be improved, diversified, and positioned for the future. The business leadership group will be guided towards agreement on a course of action to achieve optimum long term results. Here’s what the leadership team will get from participating in the program:  * A three-day top-management development program tailored to Native businesses     * A strategic retreat to gain consensus on strategic direction     * Self-diagnosis of the business’s strengths and weaknesses     * Training in cutting-edge business thinking (there are no pre-requisites)     * A certificate from Dartmouth’s Tuck School of Business (rated the nation’s Number One business school by The Wall Street Journal). The three-day program combines the best features of a strategic planning retreat, a tailored executive development program, and coaching by leading subject-matter experts. There will be a single case study for the three days—their own businesses. The outcome will be an understanding of the improvements needed in the business, a strategic plan for achieving and sustaining competitive advantage within their chosen industries, and an explicit To-Do list that the leadership group has committed to implement. Sign up by contacting Rebecca Naragon at This email address is being protected from spam bots, you need Javascript enabled to view it or at (202) 208-4401. Hotel and Program Location – Embassy Suites-Boston Logan Airport, 207 Porter Street, 02128.  Reservations at the government rate of $205 per night can be made by calling 1-800-Hiltons or 1-617-567-5000.  Name of room block: Department of the Interior. WHO SHOULD ATTEND? The program is designed to accelerate the progress of high-potential Native-owned businesses.  The leadership group typically includes the chief executive officer, the chief operating officer, the chief financial officer, the head of sales, etc.  They can bring their key managers, so that everyone who is involved in implementing the strategy is “on the same page.”  In the case of tribally-owned businesses, we’ve found it invaluable to have members of the governing body attend, too, such as board members, Chiefs, Economic Development directors, or Tribal Council members.  Groups of 3-5 people are typical, but it could be reasonable to have as many as 12 people attending from a tribe.  The off-site strategic retreat offers an opportunity to gain consensus on a visionary course of action. SAMPLE PROGRAM FORMAT TUESDAY, AUGUST 31 8:00-8:30         Introductions 8:30-10:00       Development and Refinement of Business Strategy 10:00-10:15     Coffee Break 10:15-12:00     Top Management Team (TMT) meeting to agree on company strategy 12:00-1:00       Lunch Break 1:00-2:15         Effective Strategy Implementation 2:15-2:30         Refreshment Break 2:30-4:00         TMT private meetings to improve strategy implementation 4:00-4:15         Refreshment Break 4:15-5:00         General discussion of strategy implementation challenges Evening           Dinner on own, then preparation for next day’s learning experiences WEDNESDAY, SEPTEMBER 1 8:00-9:30         Operations Strategy 9:30-9:45         Coffee Break 9:45-11:15       Aligning Operations to Create Customer Value 11:15-1:00       TMT Working lunch: planning to improve operations strategy 1:00-2:30         Analyzing and refining key business processes 2:30-2:45         Refreshment Break 2:45-4:00         TMT meetings to prioritize process improvements 4:00-4:15         Refreshment Break 4:15-5:30         General discussion of process excellence THURSDAY, SEPTEMBER 2 7:00-8:00         Breakfast 8:00-10:00       Managing the Growing Enterprise 10:00-10:15     Coffee Break 10:15-12:00     TMT meetings to assess current managerial approach 12:00-1:00       Working lunch: Develop strategy for running simulated business 1:00-2:00         Governance of the Enterprise 2:00-4:00         Strategic planning by TMT 4:00-4:30         Program Synthesis and Graduation Ceremony

 

< Prev		Next >