Strategic Thinking and Analysis – Lifecycle, Frameworks and Processes
Short course
In Victoria, Coventry, St Helens and another venue.
Description
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Type
Short course
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Location
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Duration
2 Days
This seminar provides a grounding in the strategic management lifecycle, typical perspectives used to frame strategy, such as market positioning and a core set of tools to assist in strategic analysis.
Facilities
Location
Start date
Start date
Start date
Start date
Start date
About this course
After attending this seminar, you will be able to:
Analyse the components of the strategic management lifecycle;
Evaluate the strategic management lifecycle from start to end;
Propose how to plan, think and make decisions in a strategic context;
Choose appropriate frameworks for strategic analysis and formulation;
Recognise cognitive bias and how to mitigate its impact on your decision.
Anyone wishing to learn or refresh the building blocks of strategic thinking and analysis. 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.
Reviews
Subjects
- Strategic Management
- Strategic Planning
- Strategy Development
- Problem Solving
- Industry lifecycle model
- Strategic Audit
- Making Strategic Choices
- Setting Objectives
- Business Plan
- External Analysis
- Strategy
- Thinking
- Planning
- Lifecycle
- Analysis
- Synthesis
- Problem-solving
Teachers and trainers (1)
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
Module One - The Strategic Context
- Definition of strategy
- The concept of organizational strategic alignment
- The 5Cs of strategy
- The layers of strategic planning
Module Two - Introduction to Strategic Thinking
- Definition of strategic thinking
- The need for rigorous thinking
- The threat posed by logical fallacies
- Types of cognitive bias and their impact on problem solving
- Mitigating cognitive bias
Module Three - Options for Strategic Management
- The strategic management timeline, from the 1950s to the 21st century
- Seven different approaches to strategic management
- How the vision and mission can support alignment
Module Four – Internal Analysis Frameworks
- Firm’s lifecycle model
- Value chain analysis
- Day Review
Agenda day 2
Module Five - External Analysis Frameworks
- PESTLEID (environment) analysis
- Five forces analysis
- Industry lifecycle model
- Cycles of competition
- The role of the strategic audit and how to conduct one
- Scenario analysis – testing your strategy for external impacts
Module Six -Generating Potential Actions
- SWOT analysis (internal versus external thinking), to generate potential strategic actions
- Scenario planning, to test strategy resilience and robustness
Module Seven - Setting Strategic Objectives
- Setting SMART objectives
- Profit related measures
- How strategic objectives drive performance
Module Eight - Making Strategic Choices
- Selecting a generic strategy
- Blue versus red ocean thinking
- Four routes to strategic advantage
- Product portfolio selection Boston Consulting Group Matrix
Course Review
Additional information
Strategic Thinking and Analysis – Lifecycle, Frameworks and Processes