The central objectives of this training course are as follows:

• 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

Enhanced strategic thinking and business planning enables an organization to increase stakeholder satisfaction through:

• A greater strategic perspective at all levels of the organization
• Development of the next generation of strategic leaders
• Development of specialist managers who are able and empowered to think strategically
• Better appreciation by functional specialists / managers of the challenges faced by top management in steering an organization through change
• Better internal communication at a strategic level
• Creating tomorrow’s organization out of today’s 

Delegates will develop their ability to use strategic thinking to become more proactive and build business plans to implement strategic initiatives through:

• Greater confidence in understanding the potential strategic impact of current managerial roles
• A better appreciation of the interconnected nature of major business decisions
• Understanding how to shift from reacting to problems to making things happen the way you want for you and your organization
• Knowing how to simplify—be able to deliver 3-5 critical things instead of struggling with 30-50 un-prioritised tasks
• Developing and delivering long, medium, and short-term plans

This GLOMACS Strategic Thinking, Analysis & Business Planning training seminar provides a vital knowledge base to prepare for greater responsibility and moving into more senior roles. It will benefit managers who are about to take on strategic responsibility; those who have recently done so and more established senior managers who want to update their knowledge, including:

• Business Managers
• Team Leaders
• Process Leaders
• Functional Managers
• Project Managers
• Newly-appointed Senior Managers

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