Strategic Thinking, Analysis & Business Planning

Objective:

The central objectives of this Strategic Thinking, Analysis & Business Planning training course are as follows:

• Learn how to develop a plan to achieve the goals you want for you and your organization (company / division / business unit / team)
• Develop strategic thinking in your organization
• Develop a strategic plan for your organization
• Identify the principles and mechanisms that drive successful implementation
• Develop measurable action plans that result in success
• Understand your underlying business model and how it relates to your strategy

Content:

Strategic Thinking and Planning

• The Essence of Strategy – Core Concept and Definition of Terms
• The Difference between Good Strategy and Bad Strategy
• How to Think Strategically? – Practical Techniques
• Leadership and Management, Comparing Strategy and Operations
• Strategic and Operational Goals – The Significance and Difference
• Using the Strategic Management System

Developing Strategy – The Power of Business Analysis

• Understanding the Importance and Value of a “Business Model”
• Vision, Values, Mission and Goals – Strategy as Perspective
• Analyzing your Business Environment
• How to Evaluate Your Organizations Competencies and Capabilities?
• Resource-based Approaches to Strategy

Strategy Development, Choice and Translation

• Levels of Strategy: Corporate, Business and Functional
• Competitive Strategy – Strategy as Position
• Emergent Strategies – Strategy as Patterns
• Uncertainty and Scenarios – Strategy as Plans
• Strategic Choice – How to Select the Best Strategy
• Translating Strategy with Strategy Maps and Balanced Scorecards

Embedding Strategy in the Organization

• Communicating Strategy and Managing Stakeholders
• How to Manage Strategic Risk?
• Alignment of Operations with Strategy
• Strategic Performance Measurement
• Managing Implementation – Effective Execution of Strategy
• Integrating Strategic and Operational Management Processes

Bringing It All Together

• Building a Strategy / Business Planning Team
• Analyzing Business Models and Strategies in an Industry
• Understanding and Overcoming Psychological Bias