Introduction

This Strategic Thinking, Analysis & Business Planning training course gives you a robust practical framework to formulate, develop, and implement plans to achieve strategic goals and realize your vision. It shows you how to break out of reacting to day-to-day problems, so you can build a team or organization that is more proactive and resilient to change.

A key feature of this training course is a comprehensive strategic management system that guides you through the steps needed to develop the right strategy then translate it into a business plan that provides the foundation for achieving strategic alignment of operational plans and individual objectives with your business model.

Objectives

·         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

Outline

Day 1 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

Day 2 Developing Strategy – The Power of Business Analysis

·         Understanding the importance and value of a "Business Model”

·         Vision, values, mission and goals – Strategy as perspective

·         Analysing your business environment

·         How to evaluate your organisation’s competencies and capabilities?

·         Resource-based approaches to strategy

Day 3 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

Day 4 Embedding Strategy in the Organisation

·         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

Day 5 Bringing It All Together

·         Building a strategy / Business planning team

·         Analysing business models and strategies in an industry

·         Understanding and overcoming psychological bias

·         Overview of the whole course

·         Action planning and next steps