Effective strategic analysis strategic decision-making and translating those decisions into a strategy that can be communicated and planned is essential to the future success of any organization.
In this programme youwill learn how to:
Focus on core tools for strategic analysis and how to use them effectively to make strategic decisions. Develop a strategy that can guide your firm into the future.• Examine best practice models from other industries and also apply the techniques learned in theirown industries.
Who should take this course
Designed for employees in all industries who are involved with the strategic planning process for their unitor the whole organization who want to improve their strategic analysis and decision making skills.
Day 1 - Analysing the competitive environment and firm positioning:
Introduction to environmental analysis tools. PESTLE Five forces analysis. Industry life cycle analysis and Strategic group analysis. Identifying trends affecting an industry Identifying the state of competition within an industry the key competitors and the key competitive positions. Identifying key success factors in an industry. Case study analysis applying these concepts. Applying these concepts to your firm.
Day 2 - Analyzing the resources and competences underlying competitive advantage:
Introduction to organizational analysis tools. Resource auditing. Core competences - Value chain analysis, Mapping how organizational resources and competences strengthen or detract from a firm's competitive position. Case analysis - Undertaking a resource competence and value chain analysis for firms in different competitive positions. Applying these concepts to your firm.
Day 3 - Developing strategic options:
Introduction to tools for developing strategic options. Portfolio analysis. Product/Market analysis. Protecting current advantage. Developing a range of strategic options. Evaluating options and making strategic choices. Ensuring that strategic options fit the competitive environment your firm's competitive position and develop sustainable competitive advantage. Case analysis.
Day 4 - The strategic decision making process:
Understanding the key characteristics of effective strategic decision making. Understanding common traps in strategic decision making hubris over-reach overly consensual. Introduction to a range of tools for improving strategic decision making. Dialectic inquiry. Devil's advocacy. Scenario building techniques. Analyzing the strategic decision making process in your firm business division or work group. Developing a guideline for improving decision making in your firm business division or work group.
Day 5 - Pulling strategic analysis and decision-making together in a strategy:
Identifying your core business proposition. Developing a vision and mission statement for your core business proposition. Identifying the key strategic priorities that your firm needs to meet. Developing strategic objectives.
About Course Provider
London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.
London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.
How to enroll?
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