Duration
2 days
OVERVIEW
Add value to your organization by aligning department goals with your organization’s strategic vision and mission. In this training course, you learn to plan and implement change to meet stakeholder needs, create an innovative culture that takes advantage of the department's core competencies, and gain the leadership skills to effectively integrate strategic thinking with daily operations.
Strategic thinking involves making a series of decisions about what actions the company intends to take to become more successful. A company often goes through a strategic planning process once a year, creating a document that is, in essence, a guidebook for the management team to use in the upcoming year. Companies should strive to make strategic thinking an ongoing, year-round process. At the heart of strategic thinking is the ability to anticipate major shifts in the competitive marketplace and identify emerging opportunities.
BENEFITS
- It is the difference between being proactive or reactive. Be on the defensive or the offensive. Be a victim of circumstances or be victorious in the fight. Not every situation can be foreseen but you can make decisions and react to changing market conditions with the end in mind.
- Clearly defines the purpose of the organization and establishes realistic goals and objectives consistent with the mission which can be clearly communicated to constituents. Provides a base from which progress can be measured, employees compensated and boundaries established for effective decision making.
- How do you distinguish between a good idea and a great idea? Without a clear vision of what you want to achieve, and mission or purpose for doing it, everything seems like a good idea. What project do you invest in? How should you and your staff invest your time? Having clarity about what you want to do, who you need and how to get there will focus limited financial and people resources.
- The world market and industries are changing faster than ever and those companies who do not have a solid foundation and have relied on luck or opportunity most likely will not be around for the future. Data reflects that one out of every three companies at the top of their industry will not make be there in five years. Focus is powerful. Scientists focus light so intently that it becomes a laser which is used for surgery or able to cut through glass and metal.
- Focused planning and strategic thinking will uncover the customer segments, market conditions, and product and service offerings that are in the best interest of your firm. An in tentful and targeted approach to markets and opportunities which guide your sales and marketing efforts, distribution and other business decisions which ultimately mean more profit to the bottom line and a stronger market position.
Module 1 – Introduction to Strategic Thinking and Management
Overview of Strategic Thinking
Identifying the strategic challenges facing operational managers
What strategy means to operational managers
Creating sustainable competitive advantage
Identifying the impact of strategy on operational activity
Recognizing the importance of stakeholders in the strategy process
Satisfying the needs of the stakeholders
Module 2 – Defining Strategic Thinking
The key aspects of strategic thinking
Distinguishing between strategic thinking and planning
Identifying the impact of strategy on operational activity
Aligning the organization's vision with reality
Positioning yourself within the four cycles of operational effectiveness
Decoding your environment with PESTLE
Analyzing the ecosystem with Porter's Five Forces
Applying strategic-thinking tools
Module 3 – Leveraging Operational & Management Strength by Strategic Thinking
Differentiating between organizational and operational competencies
Taking inventory of the key strengths within your operation
Rating competencies against strategic goals
Maximizing your unique operational strengths to deliver stakeholder value
Optimizing internal processes
Shaping opportunities by scanning the external environment
Module 4 – Creating, Employing and Implementing an Strategic Thinking Innovative Culture
The importance of innovation in strategic thinking
Promoting nonlinear thinking
Generating solutions through value engineering
Optimizing solutions by challenging the status quo
Adapting your culture to satisfy strategic demands
Meeting the five preconditions for an innovative culture
Facilitating team innovation
Innovating to create competitive success & stakeholder perspective
NOTE
Activities on high team interaction and role-plays will be incorporated during training session with all participants to further facilitate and strengthen candidates understanding on Strategic Thinking methodology in an overall manner.
Programme scope, delivery arrangements and suitability are confirmed during enquiry.