Strategic Thinking and Analysis – Decision Support Techniques

Short course

In Victoria, Coventry, St Helens and another venue.

£ 501-1000

Description

  • Duration

    2 Days

This seminar takes a deeper dive into a number of key aspects of strategic thinking, decision making and planning, with a focus on pragmatic competitive strategy.

Facilities

Location

Start date

Coventry (West Midlands)
See map
Gielgud Way, V2 2SZ

Start date

On request
Newton Mearns (East Renfrewshire)
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Little Greenlaw, Crookfur Rd, G77 6NE

Start date

On request
St Helens (Merseyside)
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Garswood Old Road, East Lancs Road, WA11 7LX

Start date

On request
Victoria (London)
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82-83 Eccleston Square, SW1V 1PS

Start date

On request

About this course

After attending this seminar, you will be able to:

Apply decision support tools;
Assess a market and segment size;
Assess competition;
Deal with changing markets;
Define Key Performance Indicators;
Create strategic themes and a gap analysis;
Evaluate strategy for effectiveness;
Analyse strategic analysis tools for suitability.

People who have a basic working knowledge of the strategic management lifecycle and standard tools. (Our seminar code ST101 is recommended). 25-35 year old junior/middle managers.

No pre-reqs.

Very high quality tuition, along with the best value pricing in the UK.

Email contact with information, telephone call if requested.

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Reviews

Subjects

  • Decision Making
  • Market
  • Strategic thinking
  • Analysis
  • Business Strategy
  • Business planning
  • Changing Markets
  • Assessment
  • Analytical Tools
  • KPIs

Teachers and trainers (1)

James Graham

James Graham

Senior Partner

James Graham is a practitioner and tutor specialising in analysing, formulating and executing strategy. He has experience of working in nearly 40 countries and has facilitated over 500 seminars since 2002, in Africa, Asia, Europe, the Middle East and North America, giving him a good appreciation of cultural differences and how to succeed in multicultural environments. His style is pragmatic and he is able to explain complex concepts in a way that is easy to understand. James was awarded a masters degree following studies at Nottingham Business School.

Course programme

Agenda day 1

Module One - Strategic Thinking and Decision Making
  • Why strategic thinking means solving Ill formed problems
  • Empirical evidence, balancing facts and assumptions
  • Primary data and secondary data, the difference and why it is important
  • The importance of solving the right problem
  • The art of abstraction
  • Inductive and deductive techniques
  • Decision support tools, decision trees, Poor Mans Hierarchy technique
  • Chain linked problems
  • Balancing benefits and risks

Module Two - Assessing Market Size
  • Sizing the market and identifying segments
  • Methods of demand forecasting (statistical, survey)

Module Three - Assessing Competition
  • Industry/sector lifecycles, timing entry and exit
  • Rating competitive position
  • Product/market modelling (Ansoff's Grid, Ohmae's Four Routes to Market)
  • Competitive forces modelling (Five Forces)
  • Other factors impacting the marketplace

Module Four - Dealing with Changing Markets
  • Deliberate strategy and emergent strategies
  • The effect of environmental turbulence on strategic execution
  • Using emergent strategy as competitive learning
  • The power of statements of strategic intent in emergent environment

Review of Day

Agenda day 2

Module Five - Defining KPIs (Key Performance Indicators)
  • Setting SMART objectives
  • Profit related measures
  • How strategic objectives drive performance
  • Creating sustainable strategic objectives

Module Six - Translating Strategies into Actions
  • How to align strategy with actions
  • Developing strategic themes from strategic objectives
  • How to perform a gap analysis, to identify improvement opportunities
  • Identifying tasks to execute

Module Seven -Evaluating Strategy
  • Reviewing the business case and outcome
  • Multi-loop analysis
  • Incorporating lessons learned
  • Links to emergent strategy

Module Eight - Assessing Analytical Tools and Techniques

  • Why do we need to assess analytical tools and techniques?
  • Key factors for assessment
  • Developing an TATSPA assessment framework using the "Poor Mans Hierarchy" technique
  • Selecting the appropriate mix of tools and techniques

Review of Course

Additional information

Price: ‎£995 (London) - ‎£895 Other areas

Strategic Thinking and Analysis – Decision Support Techniques

£ 501-1000