- STRATEGIC INTENT AND EXECUTION EXCELLENCE FOR SDMs (LIFE)
“To act with confidence beyond the range of familiar beacons and to
overcome …… resistance (to innovation) requires aptitudes that are present
in only a small fraction of the population”
the current complex and uncertain business scenario, life insurance industry
needs to plan strategically to succeed and most importantly meet the policy
holders and stakeholders’ expectations. However, it’s not enough to chalk
out the robust strategic plans, it is imperative that the strategic intent gets
translated to action on ground by the teams led by the SDMs In-charge and
achieve desired results.
To do this it
is essential that the SDMs require strategic thinking beyond the normal SWOT
analysis and conventional incremental planning. ‘Strategic Intent’ is
expected to provide long term vision and purpose to the Senior Divisional
Managers to achieve the results that commensurate with the available market
potential. This ‘Strategic Intent’ needs immaculate execution on the ground
to make it a success.
to the dynamic and complex nature of the life insurance sector, there is a
constant challenge to cater to customer demands and stay competitive. The onset
of the pandemic of COVID 19 and more importantly the LISTING of the corporation
makes the operational landscape all the more
different and challenging for LIC. There is a pertinent need to bring
about a reorientation amongst the team members, so that they can appreciate the
situation from the right perspective and ready themselves for the challenges
ahead. The public listing of LIC of
India is expected to bring a paradigm shift to the objectives of the corporation
that would include goals like profitability, transparency, satisfied
At the end of
the programme the participants would be able to deducing key priority areas
for their respective divisions based on corporate strategy and strategic intent.
Identify performance drivers for strategy- execution linkage
Assess critical success factors for execution excellence
Identify individual Leadership strengths to facilitate strategy-
Recognise characteristics of high-performance teams
the importance of strategic intent framework in current competitive business
its significance and drive their teams for intended results
importance of execution excellence.
themselves abreast of the latest trends and developments in the business
themselves to leaders who can ardently steer forward the ever changing business
landscape towards growth and profitability.
aware of the dynamics of CORPORATE GOVERNANCE.
the catalyst in redefining business paradigms and scripting new growth
in a position to make optimal use of the new age technology.
and appreciate different tenets of Enterprise Risk Management.
and act like the CEO of a growing company with focus on profitability, satisfied
stake holders & shareholders and bring about transparency in all his
& Life Insurance Business Scenario-Domestic and Global: Challenges &
Opportunities --Implications for Strategy Formulation
Strategic Intent: Role of SDMs In-Charge
Creation with available resources
and Lag Performance Indicators and Strategy- Execution Framework
Leadership Mind-set and Execution Excellence
High Performance teams
change and innovation,
ethics and Corporate Governance
to leverage the emerging trends- GEN Z and Beyond.
in a listed environment—compliance to IRDAI,
SEBI and RBI guidelines/regulations and provisions of the Companies Act, 2013 as
amended from time to time.
Intelligence- Predictive Analysis, IOT, Deep Learning.
Technology in acquisition of customers and Customer Engagement.
Management & Negotiation Skills.
/ DMs in Charge of Divisions - nomination by Zonal HRD Depts.